SBI Magnum Children's Benefit Fund Savings Plan Direct

Hybrid
Conservative Hybrid
Moderately High Risk
5Y Lock In
12.48%
3Y annualised
+0.12% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 13 Dec 2024₹117.59
Min. SIP amountNot Supported
Rating5
Fund size₹121.21Cr

Return calculator

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

Returns and rankings

Category: Hybrid Conservative Hybrid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns20.4%12.5%14.5%12.9%
Category average12.6%8.6%9.1%NA
Rank with in category121NA
Understand terms

Peer Comparison

Hybrid, Conservative Hybrid fundsRating1Y3YFund Size(Cr)
4
15.4%11.4%2,885.62
5
14.3%11.3%2,250.10
4
13.3%10.8%3,342.03
4
14.0%10.0%10,030.40
4
13.7%9.1%978.94

Holdings (37)

NameSectorInstrumentAssets
Uttar Pradesh State
OthersSDL12.43%
SovereignGOI Sec8.35%
GOI
SovereignGOI Sec8.34%
GOI
SovereignGOI Sec4.25%
SovereignGOI Sec4.23%
Rajasthan State
OthersSDL4.20%
Sundaram Finance Ltd.
FinancialDebenture4.17%
ConstructionDebenture4.09%
FinancialDebenture4.08%
GOI
SovereignGOI Sec2.67%
FinancialDebenture2.45%
Muthoot Finance Ltd.
FinancialBonds2.45%
Cube Highways Trust
ServicesDebenture2.44%
FinancialAdditional Tier 2 Bo2.41%
TextilesEquity1.76%
TextilesEquity1.67%
Indian Bank
FinancialAdditional Tier 2 Bo1.63%
ServicesEquity1.61%
CommunicationBonds1.58%
Capital GoodsEquity1.55%
Consumer DiscretionaryEquity1.46%
Consumer StaplesEquity1.34%
Consumer StaplesEquity1.33%
Consumer StaplesEquity1.23%
Consumer StaplesEquity1.23%
Consumer DiscretionaryEquity1.13%
TextilesEquity1.12%
FinancialEquity1.10%
ServicesEquity1.07%
Capital GoodsEquity1.05%
ChemicalsEquity0.87%
Consumer DiscretionaryEquity0.64%
Consumer StaplesEquity0.60%
Power Grid Corporation Of India Ltd.
EnergyBonds0.57%
EnergyDebenture0.16%
EnergyDebenture0.08%
Consumer StaplesEquity0.00%
See All

Pros and cons

Category: Hybrid Conservative Hybrid

Pros

3Y, 5Y and 10Y annualised returns higher than category average
Higher alpha: 4.02 The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite Debt 15:85 Index - in the last 3Y
Lower expense ratio: 0.82%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

1Y annualised returns lower than category average by 0.44%
Lock-in period: 5Y

Expense ratio, exit load and tax

Expense ratio: 0.85%

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.

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

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

Pradeep Kesavan
Dec 2023 - Present
View details

Education
Mr. Kesavan has done B.Com, MBA (Finance) and CFA
Experience
Prior to joining SBI MF, he has worked with Elara Capital, Accenture Strategy, Morgan Stanley and 3i Infotech
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
E-mail
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...
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.5.9
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:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ