1M
6M
1Y
3Y
5Y
All
| NAV: 05 Aug 2021 | ₹78.22 |
|---|---|
| Min. SIP Amount | NA |
| Rating | 4star |
|---|---|
| Fund Size | ₹79.41 Cr |
Holdings (28)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI Sec | 37.0% |
State Bank of India | Financial | Additional Tier 2 Bo | 6.6% |
| IndInfravit Trust | Financial | Debenture | 4.4% |
| Indian Bank | Financial | Additional Tier 2 Bo | 2.8% |
| Tata Power Company Ltd. | Energy | Debenture | 2.6% |
| Muthoot Finance Ltd. | Financial | Debenture | 2.6% |
| Punjab National Bank | Financial | Additional Tier 1 Bo | 2.6% |
Dodla Dairy Ltd. | FMCG | Equity | 2.5% |
Sona BLW Precision Forgings Ltd. | Automobile | Equity | 1.5% |
| Muthoot Finance Ltd. | Financial | Equity | 1.5% |
See All
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Expense ratio, exit load and tax
Expense ratio: 0.73%
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
NA
Understand termsinfo
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
| Rank (total assets) | #1 in India |
|---|---|
| Total AUM | 4,99,821.43 Cr |
| Date of Incorporation | 29 Jun 1987 |
|---|
SBI Magnum Children's Benefit Fund Savings Plan Direct is a Solution Oriented Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made
SBI Magnum Children's Benefit Fund Savings Plan Direct is a Solution Oriented Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. 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 ₹4,99,821 Cr and the Latest NAV as of 05 Aug 2021 is ₹78.22.
The SBI Magnum Children's Benefit Fund Savings Plan Direct is rated Moderately High risk. Minimum SIP Investment is set to 500. Exit Load of 3% if redeemed within an year, 2% if redeemed within 2 years and 1% if redeemed within 3 years
...Read more
Investment Objective
The scheme seeks to provide the investors an opportunity to earn regular income predominantly through investment in debt and money market instruments
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.
...Read more
| Fund benchmark | NIFTY 50 Hybrid Composite Debt 15:85 |
|---|
Fund house contact details
Address
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022 - 61793000
Launch Date
29 Jun 1987
E-mail
[email protected]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,
Email
[email protected]Website
www.camsonline.comCompare funds
SBI Magnum Children's Benefit Fund Savings Plan Direct
VS
Add mutual fund to compare
MOST POPULAR ON GROWW
STOCK MARKET INDICES: S&P BSE SENSEX | S&P BSE 100 | NIFTY 100 | NIFTY 50 | NIFTY MIDCAP 100 | NIFTY BANK | NIFTY NEXT 50
POPULAR MUTUAL FUNDS: Axis Bluechip Fund | Motilal Oswal S&P 500 Index Fund | Parag Parikh Long Term Equity Fund | SBI Small Cap Fund | HDFC Balanced Advantage Fund | Axis Long Term Equity Fund | UTI Nifty Index Fund | Axis Midcap Fund | SBI Bluechip Fund | Mirae Asset Emerging Bluechip Fund
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