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SBI Magnum Children's Benefit Fund Savings Plan-0.30%

12.12%
1 Year Return
DEBT
Conservative Hybrid
5.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Magnum Children's Benefit Fund Savings Plan

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.24%
NAV₹64.53 (25 Jan 2021)
Fund Started21 Feb 2002
Fund Size74 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
12.1%
5.5%
11.5%
9.9%
Category Average
8.9%
5.7%
8.0%
-
Rank Within Category
10
23
3
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 12.1% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Age is more than 10 years
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
6. 10Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Risk is higher compared to the benchmark
4. Higher expense ratio
5. 1Y Returns are lower than the benchmark
6. 3Y Returns are lower than the benchmark
7. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
8. Risk-adjusted returns are lower compared to the category
9. Higher expense ratio - 2.26%

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec13.6%
State Bank of IndiaFinancialNCD7.4%
Power Finance Corpn. Ltd.FinancialNCD7.2%
Food Corporation of IndiaFMCGDebenture6.8%
Karnataka StateOthersSDL4.3%
Burger King India Ltd.FMCGEquity4.0%
Indian BankFinancialDebenture3.0%
Tata Power Co. Ltd.EnergyDebenture2.9%
Muthoot Finance Ltd.FinancialDebenture2.8%
Punjab National BankFinancialBonds2.8%
See All

Fund Managers

Rajeev Radhakrishnan
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SBI Magnum Children's Benefit Fund Savings Plan Details

SBI Magnum Children's Benefit Fund Savings Plan is a DEBT Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 21 Feb 2002. Rajiv Radhakrishnan is the Current Fund Manager of SBI Magnum Children's Benefit Fund Savings Plan fund.The fund currently has an Asset Under Management(AUM) of ₹74 Cr and the Latest NAV as of 25 Jan 2021 is ₹64.53.

The SBI Magnum Children's Benefit Fund Savings Plan is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit Load of 3% if redeemed within an year, 2% if redeemed within 2 years and 1% if redeemed within 3 years

Investment Objective

The scheme seeks to provide the investors an opportunity to earn regular income predominantly through investment in debt and money market instruments and capital appreciation through an actively managed equity portfolio.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit Load of 3% if redeemed within an year, 2% if redeemed within 2 years and 1% if redeemed within 3 years
Exit Load

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About SBI Mutual Fund

Address
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022 - 61793000
Launch Date
29 Jun 1987
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,
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