SBI Magnum Children's Benefit Fund - IP - Dir (G)


Childrens Fund
  • NAV 33.42 (-0.01%)
  • Fund Size (Cr) ₹1609.14
  • Expense Ratio 0.88
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹500
  • Exit Load 3%
  • Return Since Launch 42.32%

Basic Details

Scheme Manager
R Srinivasan
Bench Mark
CRISIL Hybrid 35+65 - Aggressive Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 22-Feb-24
  • 9970.88
  • -0.29%
  • -
  • -0.04%
  • 36/37
  • 1 Month
  • 29-Jan-24
  • 10179.13
  • 1.79%
  • -
  • 1.44%
  • 12/37
  • 3 Month
  • 29-Nov-23
  • 10824.98
  • 8.25%
  • -
  • 6.41%
  • 5/34
  • 6 Month
  • 29-Aug-23
  • 11194.17
  • 11.94%
  • -
  • 10.59%
  • 12/34
  • 1 Year
  • 28-Feb-23
  • 13675.32
  • 36.75%
  • 36.75%
  • 26.55%
  • 3/34
  • 3 Year
  • 26-Feb-21
  • 24662.34
  • 146.62%
  • 35.11%
  • 14.31%
  • 1/34
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 29-Sep-20
  • 33419.2
  • 234.19%
  • 42.32%
  • 13.04%
  • 1/37

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Mar-23
  • 130000
  • 150745.40
  • 15.96%
  • 15.96%
  • 3 Year
  • 01-Mar-21
  • 370000
  • 532735.14
  • 43.98%
  • 12.92%
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    4.26%
  • Beta
    0.49%
  • Sharpe Ratio
    1.79%
  • Treynor’s Ratio
    0.19%
  • Jension’s Alpha
    22.24%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • Hatsun Agro
  • 4.89%
  • 689841
  • 78.77
  • Equity
  • FMCG
  • Dodla Dairy
  • 4.48%
  • 700000
  • 72.02
  • Equity
  • FMCG
  • ICICI Bank
  • 4.47%
  • 700000
  • 71.97
  • Equity
  • Banks
  • Muthoot Finance
  • 3.81%
  • 440000
  • 61.38
  • Equity
  • Finance
  • Jupiter Life Lin
  • 3.52%
  • 541497
  • 56.60
  • Equity
  • Healthcare
  • Aptus Value Hou.
  • 3.49%
  • 1500000
  • 56.20
  • Equity
  • Finance
  • EID Parry
  • 3.49%
  • 900000
  • 56.23
  • Equity
  • Sugar
  • Kalpataru Proj.
  • 3.46%
  • 700000
  • 55.67
  • Equity
  • Capital Goods - Electrical Equipment
  • Bharti Airtel
  • 3.2%
  • 440000
  • 51.51
  • Equity
  • Telecomm-Service
  • Divi's Lab.
  • 3.19%
  • 140000
  • 51.39
  • Equity
  • Pharmaceuticals

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • SBI Magnum Children's Benefit Fund - IP - Dir (G)
  • Stars
  • 1609.14
  • 1.79%
  • 8.25%
  • 11.94%
  • 36.75%
  • 35.11%
  • ICICI Pru Child Care Fund-Gift Plan - Direct
  • Stars
  • 1170.79
  • 3.19%
  • 13.40%
  • 21.08%
  • 44.38%
  • 19.75%
  • SBI Magnum Children's Benefit Fund - IP - Dir (G)
  • Stars
  • 1609.14
  • 1.79%
  • 8.25%
  • 11.94%
  • 36.75%
  • 35.11%
  • Tata Young Citizens Fund - Direct
  • Stars
  • 331.67
  • 1.25%
  • 8.83%
  • 14.00%
  • 34.96%
  • 18.67%
  • Aditya Birla SL Bal Bhavishya Yojna - Dir (IDCW)
  • Stars
  • 925.92
  • 2.04%
  • 7.72%
  • 13.11%
  • 34.71%
  • 12.44%
  • Aditya Birla SL Bal Bhavishya Yojna - Dir (G)
  • Stars
  • 925.92
  • 2.04%
  • 7.72%
  • 13.04%
  • 34.61%
  • 12.42%

News

  • SBI Long Duration Fund Announces change in Exit Load Structure SBI Mutual Fund has announced that the exit load of SBI Long Duration Fund will be revised as under with effect from October 19, 2023:

    Change in Exit Load:

    Name of the Scheme Existing Exit Load Structure Revised Exit Load Structure
    SBI Long Duration Fund For exit within 12 months from the date of allotment - 1%
    For exit after 12 months from the date of allotment - Nil
    For exit on or before 90 days from the date of allotment - 0.25%
    For exit after 90 days from the date of allotment - Nil

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 08-Sep-2020
  • Total AUM (Cr) ₹1609.14

SBI Magnum Children's Benefit Fund - IP - Dir (G) is an Childrens Fund-oriented fund from the renowned AMC, SBI Mutual Fund. Launched in Sep 2020, this fund is managed by R Srinivasan. With assets under management (AUM) worth ₹1609.14 (Cr), as of 01-Mar-2024, SBI Magnum Children's Benefit Fund - IP - Dir (G) is categorized as a Childrens Fund within its segment. The fund has generated a return of 42.32% since its launch.
The current NAV of SBI Magnum Children's Benefit Fund - IP - Dir (G) is ₹33.42, as on 01-Mar-2024. The fund’s benchmark index is CRISIL Hybrid 35+65 - Aggressive Index. You can invest in SBI Magnum Children's Benefit Fund - IP - Dir (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
3% for redemption/switch out on or nbefor 1 year from the date of allotment. 2% for redemption/switch out after 1 year and up to 2 years from the date of allotment. 1% for redemption/switch out after 2 years and up to 3 years from the date of allotment. Nil for redemption or switch-out after 3 years from the date of allotment.
The fund has generated 35.11% and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 78.42% in Equity, 13.08% in Debt and 8.5% in cash and cash equivalents
The top 5 sectors the fund invests in are: 14.94% in Banks, 11.36% in Others, 11.31% in Debt, 10.63% in Food Products and 10.29% in Finance.

FAQs on SBI Magnum Children's Benefit Fund - IP - Dir (G)

SBI Magnum Children's Benefit Fund - IP - Dir (G) is a popular fund in the Childrens Fund segment. The fund has generated a return of 42.32% since inception. Looking to invest in SBI Magnum Children's Benefit Fund - IP - Dir (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in SBI Magnum Children's Benefit Fund - IP - Dir (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, SBI Magnum Children's Benefit Fund - IP - Dir (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in SBI Magnum Children's Benefit Fund - IP - Dir (G) today and reap the benefits of this Childrens Fund fund!

In the short term, i.e., 1 year, SBI Magnum Children's Benefit Fund - IP - Dir (G) has generated annualised return of 36.75%. In the long-term, the fund has generated 35.11% and - in 3 and 5 years respectively. Since its inception, the fund has generated 42.32% returns.

The expense ratio of SBI Magnum Children's Benefit Fund - IP - Dir (G) Direct Growth is 0.88%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of SBI Magnum Children's Benefit Fund - IP - Dir (G) is ₹1609.14 (Cr) as of 01 March 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of SBI Magnum Children's Benefit Fund - IP - Dir (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from SBI Magnum Children's Benefit Fund - IP - Dir (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case SBI Magnum Children's Benefit Fund - IP - Dir (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in SBI Magnum Children's Benefit Fund - IP - Dir (G). Minimum lumpsum investment SBI Magnum Children's Benefit Fund - IP - Dir (G) is ₹5000 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of SBI Magnum Children's Benefit Fund - IP - Dir (G) is ₹33.42 as on 01 March 2024.

The 5 biggest stock holdings of SBI Magnum Children's Benefit Fund - IP - Dir (G) are:
Hatsun Agro (4.89%), Dodla Dairy (4.48%), ICICI Bank (4.47%), Muthoot Finance (3.81%), Jupiter Life Lin (3.52%)

A majority of SBI Magnum Children's Benefit Fund - IP - Dir (G) 's AUM worth ₹1609.14 (Cr) is invested in these 3 top sectors:

  • Banks: 14.94%
  • Others: 11.36%
  • Debt: 11.31%

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