|Min SIP Amount||₹500|
|NAV||₹70.85 (16 Apr 2021)|
|Fund Started||04 Jan 2013|
|Fund Size||₹74 Cr|
|Automotive Axles Ltd.||Automobile||Equity||1.0%|
|Hawkins Cookers Ltd.||Cons Durable||Equity||1.0%|
|ABB India Ltd.||Engineering||Equity||0.9%|
|Finolex Industries Ltd.||Chemicals||Equity||0.9%|
|MM Forgings Ltd.||Metals||Equity||0.9%|
|Andhra Paper Ltd.||FMCG||Equity||0.8%|
|State Bank of India||Financial||Equity||0.7%|
SBI Magnum Children's Benefit Fund Savings Plan Direct is a DEBT Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 04 Jan 2013. Rajiv Radhakrishnan is the Current Fund Manager of SBI Magnum Children's Benefit Fund Savings Plan Direct fund.The fund currently has an Asset Under Management(AUM) of ₹74 Cr and the Latest NAV as of 16 Apr 2021 is ₹70.85.
The SBI Magnum Children's Benefit Fund Savings Plan Direct is rated Moderate 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
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.