|Min SIP Amount||Not Supported|
|NAV||₹11.14 (23 Nov 2020)|
|Fund Started||28 Sep 2020|
|Fund Size||₹67 Cr|
|Mahanagar Telephone Nigam Ltd.||Communication||Debenture||7.7%|
|Food Corporation of India||FMCG||Debenture||7.6%|
|Avenue Supermarts Ltd.||Services||Equity||5.7%|
|Zydus Wellness Ltd.||FMCG||Equity||5.6%|
|Bharti Airtel Ltd.||Communication||Equity||4.6%|
|Ratnamani Metals & Tubes Ltd.||Metals||Equity||3.8%|
|Rajratan Global Wire Ltd.||Automobile||Equity||3.6%|
|V-Guard Industries Ltd.||Cons Durable||Equity||3.3%|
SBI Magnum Children’s Benefit Fund Investment Plan Regular Growth is a Hybrid Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 28 Sep 2020. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Children’s Benefit Fund Investment Plan Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹67 Cr and the Latest NAV as of 23 Nov 2020 is ₹11.14.
The SBI Magnum Children’s Benefit Fund Investment Plan Regular 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.