Mutual Funds
SBI Magnum Children's Benefit Fund-Savings Plan
Other  |   High  |   Solution Oriented - Children's Fund
106.65   -0.08
NAV(₹) as on 3/10/2024
-0.08%
  1D
21.38%
  1Y
12.97%
  3Y
13.99%
  5Y
SBI Magnum Children's Benefit Fund-Savings Plan
Growth Chart of the Scheme

Scheme Details
Expense Ratio:
1.21
Launch Date:
28 Jan 2002
Exit Load:
3% on or before 1Y, 2% after 1Y but on or before 2Y, 1% after 2Y but on or before 3Y, Nil after 3Y
AUM:
₹ 120.08 Crs
Lock-in:
Nil
Investing Style:
Small Value
Portfolio Price To Book Value:
NA
Min. Investment:
SIP : ₹ 500.0
Lumpsum : ₹ 5,000.0
Scheme Benchmark:
NIFTY 50 Hybrid Composite Debt 15:85 Index
Fund Manager:
Rajeev Radhakrishnan ,R. Srinivasan

FUND OBJECTIVE

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.

LATEST ASSET & PORTFOLIO ALLOCATION Others Equity Debt
as on 31/8/2024 4.69 % 23.53 % 71.79 %
TOP HOLDINGS

Sundaram Finance Ltd - CRISIL AAA
4.21 %

Nexus Select Trust - CRISIL AAA
4.16 %

Mahindra & Mahindra - CRISIL AAA
4.16 %

Tri-Party Repo (TREP - Cash
3.02 %

GOI 16.12.2026 GOV - Sov
2.68 %

Mahanagar Telephone - IND AAA(CE)
2.51 %

Cube Highways Trust - IND AAA
2.50 %

See All Holding
ALLOCATION BY MARKET CAP
ALLOCATION BY SECTOR

Textile
2.39 %

e-Commerce
2.29 %

Film Production, Distributio
1.88 %

Consumer Food
1.64 %

Engineering
1.62 %

Printing & Stationery
1.52 %

Textile - Manmade Fibres
1.52 %

See All Sectors
5 YEAR HISTORY

Financial Year 2019-20 2020-21 2021-22 2022-23 2023-24
NAV (31/3/2024) 52.33 65.89 76.21 78.37 93.42
Net Assets (Rs Crores) 5,947.1 7,428.47 8,672.54 9,068.17 10,761.41
Scheme Returns(%)(Absolute) -8.90 27.32 15.52 2.41 18.82
B'mark Returns(%)(Absolute) NA NA NA NA NA
Category Rank 1/9 10/10 7/10 2/10 8/11
RISKOMETER
Level of Risk in the Scheme

Clients will understand that their principal will be at High risk.

PERFORMANCE COMPARISON WITH SIMILAR SCHEMES

Fund Details Inception Date Aum(₹ Crs) 1Y 3Y 5Y Since Inception
MDB Logo
Union Children's Fund-Reg(G)
Solution Oriented - Children's Fund  |   Very High |  12.49   +-0.21  
19/12/2023 ₹ 57.68 - - - 31.45%
MDB Logo
Axis Children's Fund-Compulsory Lock in-Reg(G)
Solution Oriented - Children's Fund  |   High |  25.98   +-0.44  
8/12/2015 ₹ 913.37 24.50% 8.54% 13.64% 11.42%
MDB Logo
UTI Children's Hybrid Fund
Solution Oriented - Children's Fund  |   High |  39.75   +-0.33  
15/12/1995 ₹ 4,669.42 18.97% 9.99% 12.10% 9.16%
MDB Logo
LIC MF Children’s Fund-Reg(G)
Solution Oriented - Children's Fund  |   Very High |  34.48   +-0.68  
16/10/2001 ₹ 17.27 28.97% 12.77% 14.48% 5.53%
MDB Logo
SBI Magnum Children's Benefit Fund-Savings Plan
Solution Oriented - Children's Fund  |   High |  106.65   +-0.08  
20/2/2002 ₹ 120.08 21.38% 12.97% 13.99% 10.99%
MDB Logo
Aditya Birla SL Bal Bhavishya Yojna-Reg(G)
Solution Oriented - Children's Fund  |   Very High |  20.37   +-0.47  
11/2/2019 ₹ 1,128.74 29.75% 13.44% 15.20% 13.43%
MDB Logo
UTI Children's Equity Fund(G)
Solution Oriented - Children's Fund  |   Very High |  88.79   +-1.63  
8/3/2004 ₹ 1,172.0 34.77% 13.80% 20.16% 11.18%
MDB Logo
Tata Young Citizen Fund
Solution Oriented - Children's Fund  |   Very High |  63.92   +-1.25  
16/1/1996 ₹ 387.11 31.08% 15.62% 20.59% 13.40%
MDB Logo
HDFC Children's Gift Fund
Solution Oriented - Children's Fund  |   Very High |  293.44   +-4.50  
7/3/2001 ₹ 9,867.81 28.02% 16.84% 19.67% 16.68%
MDB Logo
ICICI Pru Child Care Fund-Gift Plan
Solution Oriented - Children's Fund  |   Very High |  321.85   +-5.55  
4/9/2001 ₹ 1,364.35 39.47% 18.74% 19.03% 16.21%