DA
Dinesh AhujaFund Manager Since 29 Sept 2020
AllocationChildren
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
3Y Annualised
22.98%
0.00% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
3.63%
0.00% 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
3 years 4 months
NIFTY 50
4 years 11 months
FD
9 years 7 months
Fund info
Fund size
₹3358.06 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 on or 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
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
Union Children's Fund Direct IDCW Payout of Income Distribution cum capital withdrawal
5.11%
2nd
Union Children's Fund Direct Growth
5.11%
3rd
Union Children's Fund Regular Growth
5.03%
4th
LIC MF Childrens Fund Direct Plan
5.03%
5th
Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth
5.01%
16th
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
3.63%
Fund Managers
RS
Rama SrinivasanFund Manager Since 29 Sept 2020
MJ
Mohit JainFund Manager Since 29 Sept 2020
About SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth is a Allocation mutual fund scheme from SBI Funds Management Ltd. This fund has been in existence for 4 years, having been launched on 2020-09-29. SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has ₹3358.06 Cr worth of assets under management (AUM) as of Sun Jun 01 2025. The latest Net Asset Value (NAV) of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth as of Sat May 31 2025 is ₹42.9309. The fund has an expense ratio of 0.86%, which is medium comparable to most other Allocation funds.
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth returns for the last 1 year are 18.57%. Since launch, it has delivered 36.63% average annual returns.
The SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has the majority of its money invested in Consumer Cyclical, Consumer Defensive, Financial Services, Industrials, Utilities sectors.
Top 5 Holdings of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth.
- Thangamayil Jewellery Ltd: 4.63%
- Hatsun Agro Product Ltd: 4.59%
- HDFC Bank Ltd: 4.53%
- Muthoot Finance Ltd: 4.52%
- Ajax Engineering Ltd: 4.15%
AMC Information
| Name | SBI Funds Management Ltd |
|---|---|
| Founding Date | 2020-09-29 |
| 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- Investment Plan 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. |
Similar Funds from SBI Funds Management Ltd
SBI PSU Regular Growth
EquityEquity - Other
3Y CAGR
34.70%
expense ratio
1.87%
fund size
₹5035.09 Cr
SBI Infrastructure Fund Direct Growth
EquityEquity - Infrastructure
3Y CAGR
27.61%
expense ratio
0.96%
fund size
₹4871.94 Cr
SBI Magnum Children's Benefit Fund Direct Growth
AllocationChildren
3Y CAGR
13.75%
expense ratio
0.85%
fund size
₹126.55 Cr
SBI Flexicap Fund Regular Growth
EquityFlexi Cap
3Y CAGR
13.84%
expense ratio
1.67%
fund size
₹21660.94 Cr
SBI S&P BSE Sensex ETF
EquityLarge-Cap
3Y CAGR
14.87%
expense ratio
0.04%
fund size
₹113540.04 Cr
FAQs
What is the current NAV of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth?
What are the average returns of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth?
How do I invest in SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth?
What is the expense ratio of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth?
What are net assets under management (AUM) of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth?
What is the PE and PB ratio of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth?
What are the top 5 holdings of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth?
What are the top 3 sectors that SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has invested in?
Who is the manager of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth?
What is the exit load of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth?
How to Redeem SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth?
Can I invest in SIP and a Lump Sum of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth?
