DA
Dinesh AhujaFund Manager Since 29 Sept 2020
AllocationChildren
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
3Y Annualised
26.51%
0.79% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
3.08%
0.79% 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
2 years 11 months
NIFTY 50
4 years 1 months
FD
9 years 7 months
Fund info
Fund size
₹3589.14 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
ICICI Prudential Child Care Fund (Gift Plan) Direct Plan
4.82%
2nd
ICICI Prudential Child Care Fund (Gift Plan)
4.75%
3rd
Baroda BNP Paribas Children's Fund Direct Growth
4.31%
4th
Baroda BNP Paribas Children's Fund Regular Growth
4.13%
5th
Baroda BNP Paribas Children's Fund Regular Payout Inc Dist cum Cap Wdrl
4.13%
12th
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
3.08%
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 ₹3589.14 Cr worth of assets under management (AUM) as of Sat Jun 28 2025. The latest Net Asset Value (NAV) of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth as of Thu Jun 26 2025 is ₹44.191. The fund has an expense ratio of 0.85%, 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 10.23%. Since launch, it has delivered 36.83% average annual returns.
The SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has the majority of its money invested in Consumer Defensive, Financial Services, Utilities, Consumer Cyclical, Industrials, Basic Materials sectors.
Top 5 Holdings of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth.
- Hatsun Agro Product Ltd: 4.57%
- Muthoot Finance Ltd: 4.32%
- HDFC Bank Ltd: 4.28%
- ReNew Energy Global PLC Ordinary Shares - Class A: 4.14%
- K.P.R. Mill Ltd: 4.08%
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. |
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FAQs
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