|Min SIP Amount||Not Supported|
|NAV||₹16.59 (14 Jun 2021)|
|Fund Started||29 Sep 2020|
|Fund Size||₹151 Cr|
|Laxmi Organic Industries Ltd.||Chemicals||Equity||4.6%|
|Infra Invest Trust||4.4%|
|Rajratan Global Wire Ltd.||Automobile||Equity||4.2%|
|CSB Bank Ltd.||Financial||Equity||4.0%|
|Wabco India Ltd.||Automobile||Equity||3.6%|
|ICICI Lombard General Insurance Company Ltd.||Financial||Equity||3.4%|
|HDFC Bank Ltd.||Financial||Equity||3.4%|
|MTAR Technologies Ltd.||Services||Equity||3.0%|
SBI Magnum Children's Benefit Fund Investment Plan Direct Growth is a Solution Oriented Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Sep 2020. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Children's Benefit Fund Investment Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹151 Cr and the Latest NAV as of 14 Jun 2021 is ₹16.59.
The SBI Magnum Children's Benefit Fund Investment Plan Direct Growth is rated Very High risk. Exit load of 3% if redeemed within 1 year, 2% if redeemed after 1 year but within 2 year, 1% if redeemed after 2 year but within 3 year.
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across sectors and market capitalizations. The scheme will also invest in debt and money market instruments with an endeavour to generate income.