SBI Magnum Children's Benefit Fund Investment Plan Regular Growth

Solution Oriented
Children's
Very High Risk
5Y Lock In
29.60%
3Y annualised
-0.11% 1D
1M
6M
1Y
3Y
All
NAV: 15 Mar 2024₹31.12
Min. SIP amountNot Supported
Rating5
Fund size₹1,686.94Cr

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
6M1Y3YAll
Fund returnsNA33.2%29.6%38.8%
Category averageNA30.1%14.6%NA
Rank with in categoryNA101NA
Understand terms

Holdings (35)

NameSectorInstrumentAssets
Consumer StaplesEquity4.62%
HealthcareEquity4.38%
FinancialEquity4.37%
Consumer StaplesEquity4.13%
Capital GoodsEquity4.01%
Alphabet Inc Class A
ServicesForgn. Eq3.74%
Lonza Group Ag
HealthcareADS/ADR3.60%
FinancialEquity3.40%
Consumer StaplesEquity3.36%
FinancialEquity3.13%
See All

Expense ratio, exit load and tax

Expense ratio: 2.06%

Inclusive of GST

Exit load

With respect to units not subject to lock-in period and the holding period is less than 3 years: Exit load of 3% if redeemed within 1 year, 2% if redeemed after 1 year but within 2 year, 1% if redeemed after 2 year but within 3 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

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
Nov 2023 - 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,

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