| NAV: 20 May 2022 | ₹75.22 |
| Min. SIP amount | NA |
| Rating | 5 |
| Fund size | ₹86.96Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 11.0% | 10.6% | 9.4% | 10.5% |
| Category average | 14.2% | 7.4% | 7.4% | NA |
| Rank with in category | 2 | 1 | 1 | NA |
Holdings (27)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI Sec | 22.5% |
| State Bank of India | Financial | Additional Tier 2 Bo | 6.0% |
| IndInfravit Trust | Financial | Debenture | 4.0% |
| DBL Mangloor Highways Pvt. Ltd. | Construction | Debenture | 3.5% |
Indian Bank | Financial | Additional Tier 2 Bo | 2.5% |
Tata Power Company Ltd. | Energy | Debenture | 2.4% |
| Gokaldas Exports Ltd. | Textiles | Equity | 2.4% |
| Muthoot Finance Ltd. | Financial | Debenture | 2.3% |
| Medplus Health Services Ltd. | Healthcare | Equity | 1.5% |
| Chemplast Sanmar Ltd. | Chemicals | Equity | 1.4% |
Expense ratio, exit load and tax
Expense ratio: 1.20%
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, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Minimum investment amounts
| Min. for 1st investment | NA |
| Min. for 2nd investment onwards | NA |
| Min. for SIP | NA |
Fund management
R. SrinivasanJan 2021 - PresentView details
Rajeev RadhakrishnanJun 2008 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in SBI Magnum Children's Benefit Fund Savings Plan?
You can easily invest in SBI Magnum Children's Benefit Fund Savings Plan in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for SBI Magnum Children's Benefit Fund Savings Plan from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in SBI Magnum Children's Benefit Fund Savings Plan as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does SBI Magnum Children's Benefit Fund Savings Plan provide?
The SBI Magnum Children's Benefit Fund Savings Plan has been there from 20 Feb 2002 and the average annual returns provided by this fund is 10.96% since its inception.
How much expense ratio is charged by SBI Magnum Children's Benefit Fund Savings Plan?
The term
Expense Ratio used for SBI Magnum Children's Benefit Fund Savings Plan or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of SBI Magnum Children's Benefit Fund Savings Plan is 1.20% as of 23 May 2022...
What is the AUM of SBI Magnum Children's Benefit Fund Savings Plan?
The AUM, short for Assets Under Management of SBI Magnum Children's Benefit Fund Savings Plan is ₹86.96Cr as of 23 May 2022.
How to Redeem SBI Magnum Children's Benefit Fund Savings Plan?
If you want to sell your SBI Magnum Children's Benefit Fund Savings Plan holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of SBI Magnum Children's Benefit Fund Savings Plan?
What is the NAV of SBI Magnum Children's Benefit Fund Savings Plan?
The NAV of SBI Magnum Children's Benefit Fund Savings Plan is ₹75.22 as of 20 May 2022.
