SBI Magnum Children's Benefit Fund Savings Plan Direct

Hybrid
Conservative Hybrid
Moderately High Risk
5Y Lock In
12.72%
3Y annualised
+0.15% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 03 Sep 2025
₹119.26
Rating
5
Min. SIP amount
₹500
Fund size
₹128.62Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Holdings (35)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec15.94%
Uttar Pradesh State
OthersSDL12.01%
SovereignGOI Sec8.13%
Sundaram Finance Ltd.
FinancialDebenture4.03%
Rajasthan State
OthersSDL4.00%
LIC Housing Finance Ltd.
FinancialNCD3.96%
ConstructionDebenture3.91%
FinancialDebenture3.89%
GOI
SovereignGOI Sec2.70%
Muthoot Finance Ltd.
FinancialBonds2.39%
FinancialDebenture2.35%
Cube Highways Trust
ServicesDebenture2.33%
FinancialAd.Tier 2 Bnd2.33%
Consumer StaplesEquity1.82%
CommunicationBonds1.55%
TextilesEquity1.48%
Consumer DiscretionaryEquity1.48%
FinancialEquity1.42%
TextilesEquity1.40%
TextilesEquity1.24%
Consumer DiscretionaryEquity1.17%
AutomobileEquity1.02%
Consumer StaplesEquity1.00%
Consumer StaplesEquity1.00%
Capital GoodsEquity0.95%
TextilesEquity0.81%
ChemicalsEquity0.78%
Consumer StaplesEquity0.67%
ServicesEquity0.64%
Consumer DiscretionaryEquity0.57%
Power Grid Corporation Of India Ltd.
EnergyBonds0.55%
Consumer StaplesEquity0.51%
EnergyDebenture0.16%
EnergyDebenture0.08%
Consumer StaplesEquity0.00%
See All

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Returns and rankings

Category: Hybrid Conservative Hybrid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.1%12.7%13.5%12.2%
Category average4.0%8.9%8.8%NA
Rank with in category1611NA
Understand terms

Peer Comparison

Expense ratio, exit load and tax

Expense ratio: 0.86%

Inclusive of GST

Exit load

Exit Load of 3% if redeemed within an year, 2% if redeemed within 2 years and 1% if redeemed within 3 years

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Fund management

Lokesh Mallya
Jul 2025 - Present
View details

Education
Mr. Mallya is MBA and FRM.
Experience
Prior to SBI Mutual Fund, he has worked with Aditya Birla Sun Life AMC as fund manager (Sept 2009-Sept 2014) and as Credit Analyst (July 2006 - Aug 2009).
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) Mumbai 400051
Phone
022-61793000 / 1800-425-5425
Launch Date
29 Jun 1987
E-mail
NA
SBI Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Pros and cons

Category: Hybrid Conservative Hybrid

Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Higher alpha: 3.88 The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index - in the last 3Y
Lower expense ratio: 0.86%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lock-in period: 5Y

Compare funds

SBI Magnum Children's Benefit Fund Savings Plan Direct
VS
Add mutual fund to compare