SBI Magnum Children's Benefit Fund Savings Plan Direct

Solution Oriented
Children's
Moderately High Risk
5Y Lock In
12.24%
3Y annualised
-0.11% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Sep 2022₹83.43
Min. SIP amountNot Supported
Rating4
Fund size₹87.27Cr

Return calculator

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

Returns and rankings

Category: Solution Oriented Children's
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.2%12.2%9.4%12.0%
Category average2.1%7.1%5.9%NA
Rank with in category322NA
Understand terms

Holdings (30)

NameSectorInstrumentAssets
Madhya Pradesh State
OthersSDL16.9%
Uttar Pradesh State
OthersSDL11.6%
GOI
SovereignGOI Sec5.2%
IndInfravit TrustFinancialDebenture3.9%
DBL Mangloor Highways Pvt. Ltd.ConstructionDebenture3.3%
GOI
SovereignGOI Sec3.1%
Indian Bank
FinancialAdditional Tier 2 Bo2.4%
Coastal Gujarat Power Ltd.
Capital GoodsDebenture2.3%
Tata Power Company Ltd.
EnergyDebenture2.3%
Garware Technical Fibres Ltd.TextilesEquity1.5%
See All

Expense ratio, exit load and tax

Expense ratio: 0.82%

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

R. Srinivasan
Jan 2021 - Present
View details

Education
Mr. Srinivasan is M.Com and MFM.
Experience
Prior to joining SBI Mutual Fund he has worked with Principal AMC, Oppenheimer & Co, Indosuez WI Carr and Motilal Oswal.
Also manages these schemes

Rajeev Radhakrishnan
Jan 2013 - Present
View details

Education
Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA.
Experience
Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.
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
Website
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,

Compare funds

SBI Magnum Children's Benefit Fund Savings Plan Direct
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.3.8
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI