RS
R. SrinivasanFund Manager Since 13 Jan 2021
AllocationChildren
SBI Magnum Children's Benefit Fund Direct Growth
3Y Annualised
11.66%
0.45% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
Annualised
-2.06%
0.45% 1D
Benchmark
Nifty 50 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
6 years 3 months
NIFTY 50
6 years
FD
9 years 7 months
Fund info
Fund size
₹119.64 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹5000
Exit load
0.03%
With respect to units not subject to lock-in period and the holding period is less than 3 years: 3% for redemption/switch out before 1 year from the date of allotment. 2% for redemption/switch out after 1 year and up to 2 years from the date of allotment. 1% for redemption/switch out after 2 years and up to 3 years from the date of allotment. Nil for redemption or switch-out after 3 years from the date of allotment.
Risk Profile
Moderately High risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
Aditya Birla Sun Life Bal Bhavishya Yojna Savings Plan Direct Payout Inc Dist cum Cap Wdrl
0.06%
2nd
Aditya Birla Sun Life Bal Bhavishya Yojna Savings Plan Direct Growth
0.06%
3rd
Aditya Birla Sun Life Bal Bhavishya Yojna Savings Plan Direct Reinvestment Inc Dist cum Cap Wdrl
0.06%
4th
Aditya Birla Sun Life Bal Bhavishya Yojna Savings Plan Regular Growth
0.06%
5th
Aditya Birla Sun Life Bal Bhavishya Yojna Savings Plan Regular Payout Inc Dist cum Cap Wdrl
0.06%
7th
SBI Magnum Children's Benefit Fund Direct Growth
-2.06%
Fund Managers
RR
Rajeev RadhakrishnanFund Manager Since 9 Jun 2008
About SBI Magnum Children's Benefit Fund Direct Growth
SBI Magnum Children's Benefit Fund Direct Growth is a Allocation mutual fund scheme from SBI Funds Management Ltd. This fund has been in existence for 12 years, having been launched on 2013-01-01. SBI Magnum Children's Benefit Fund Direct Growth has ₹119.64 Cr worth of assets under management (AUM) as of Fri Mar 07 2025. The latest Net Asset Value (NAV) of SBI Magnum Children's Benefit Fund Direct Growth as of Thu Mar 06 2025 is ₹113.6442. The fund has an expense ratio of 0.85%, which is medium comparable to most other Allocation funds.
SBI Magnum Children's Benefit Fund Direct Growth returns for the last 1 year are 10.90%. Since launch, it has delivered 12.36% average annual returns.
The SBI Magnum Children's Benefit Fund Direct Growth has the majority of its money invested in null sectors.
Top 5 Holdings of SBI Magnum Children's Benefit Fund Direct Growth.
- 7.38% State Government Of Uttar Pradesh 2036: 12.79%
- 7.18% Govt Stock 2033: 8.58%
- 6.79% Govt Stock 2034: 8.41%
- Rajasthan (Government of ) 7.49%: 4.32%
- Sundaram Finance Limited: 4.30%
AMC Information
| Name | SBI Funds Management Ltd |
|---|---|
| Founding Date | 2013-01-01 |
| partnerforlife@sbimf.com | |
| Phone | 022 - 61793000 |
| Website | www.sbimf.com |
| Address | 9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai |
Tax Implications of SBI Magnum Children's Benefit Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
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SBI Magnum Children's Benefit Fund Direct Growth
AllocationChildren
3Y CAGR
11.66%
expense ratio
0.85%
fund size
₹119.64 Cr
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FAQs
What is the current NAV of SBI Magnum Children's Benefit Fund Direct Growth?
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How do I invest in SBI Magnum Children's Benefit Fund Direct Growth?
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What are net assets under management (AUM) of SBI Magnum Children's Benefit Fund Direct Growth?
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What are the top 3 sectors that SBI Magnum Children's Benefit Fund Direct Growth has invested in?
Who is the manager of SBI Magnum Children's Benefit Fund Direct Growth?
What is the exit load of SBI Magnum Children's Benefit Fund Direct Growth?
How to Redeem SBI Magnum Children's Benefit Fund Direct Growth?
Can I invest in SIP and a Lump Sum of SBI Magnum Children's Benefit Fund Direct Growth?
