|Min SIP Amount||Not Supported|
|NAV||₹13.00 (15 Jan 2021)|
|Fund Started||29 Sep 2020|
|Fund Size||₹95 Cr|
|Mahanagar Telephone Nigam Ltd.||Communication||Debenture||6.5%|
|Housing Development Finance Corpn. Ltd.-Warrant||Financial||Debenture||6.4%|
|Gland Pharma Ltd.||Healthcare||Equity||5.4%|
|Avenue Supermarts Ltd.||Services||Equity||5.0%|
|Zydus Wellness Ltd.||FMCG||Equity||4.8%|
|Ratnamani Metals & Tubes Ltd.||Metals||Equity||4.3%|
|Ingersoll Rand India Ltd.||Engineering||Equity||4.1%|
|Bharti Airtel Ltd.||Communication||Equity||4.1%|
|Rajratan Global Wire Ltd.||Automobile||Equity||3.6%|
SBI Magnum Children's Benefit Fund Investment Plan Direct Growth is a Hybrid 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 ₹95 Cr and the Latest NAV as of 15 Jan 2021 is ₹13.00.
The SBI Magnum Children's Benefit Fund Investment Plan Direct Growth is rated Moderately 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.