SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
Hybrid
Direct
Children
NAV: ₹ 34.17 as on 16-04-2024
Fund Performance
586 people have invested ₹ 88.9L in SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth in the last three months
About the SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth is a hybrid fund. This fund was started on 29 September, 2020. The fund is managed by Rama Srinivasan, Mohit Jain, Dinesh Ahuja. This fund gives you the benefit of diversification.
Key Parameters
- SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has ₹1732 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.9.
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth Overview
 | 0.86% |
 Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
 | ₹1732 Cr |
 | 29 September, 2020 |
 | ₹5000/₹500 |
 Exit Load | 3% |
 | 5 Years |
 TurnOver | 93.92% |
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth Distribution as on (31-Mar-24)
Size breakup
Small cap
38.5%
Large cap
31.5%
Mid cap
16.1%
Sector Allocation
Financial Services
31.2%
Industrial
16.4%
Consumer Defensive
12.2%
Health
12.2%
Communication
11.6%
Consumer Cyclical
10.9%
Basic Materials
5.6%
Top Holdings of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth as on (31-Mar-24)
Equity Holdings35
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Shakti Pumps (India) Ltd | 5.73% | 0% | |
 ICICI Bank Ltd | 4.42% | 0% | |
 Kalpataru Projects International Ltd | 4.32% | 0% | |
 Lonza Group Ltd ADR | 4.04% | 0% | |
 Hatsun Agro Product Ltd | 4.03% | 0% |
See all
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.7K Cr as of Mar'24
- AUM increased by 45.6 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth Fund Manager
Rama Srinivasan
Fund Manager of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth, since 29 September 2020
Top funds managed
Mohit Jain
Fund Manager of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth, since 29 September 2020
Top funds managed
Dinesh Ahuja
Fund Manager of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth, since 29 September 2020
Top funds managed
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 41.42% since inception which is more than its category average return of 12.02%
Fund Allocations
This fund has an allocation of 86.6% in Equity, 0.58% in Debt and 12.82% in Cash related instruments
AUM size ₹1732 Cr
This fund has AUM of ₹1732 Cr which is more than its category average of ₹ 1505 Cr
Expense Ratio 0.86%
This fund has an expense ratio of 0.86% which is less than its category average expense ratio of 1.68%
Frequently Asked Questions
The current NAV of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth is ₹34.17 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.69% | 4.69% |
6 Month Returns | 12.5% | 12.5% |
1 Year Returns | 37.06% | 37.06% |
3 Years Returns | 132.47% | 32.47% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.86% as on March 2024
₹1732 Cr as on March 2024
Shakti Pumps (India) Ltd(5.73%), ICICI Bank Ltd(4.42%), Kalpataru Projects International Ltd(4.32%), Lonza Group Ltd ADR(4.04%), Hatsun Agro Product Ltd(4.03%) as on March 2024
Financial Services(26.99%), Industrial(14.21%), Cash Equivalent(12.83%) as on March 2024
AAA | 100 |
Rama Srinivasan, Mohit Jain, Dinesh Ahuja are the fund managers of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
The Exit load of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth is 3%