SBI Magnum Children's Benefit Fund Direct Growth

SBI Magnum Children's Benefit Fund Direct Growth

Get the latest NAV of SBI Magnum Children's Benefit Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹118.54

NAV as on 20 Jun 2025

12.48%/per year

Since Inception

Absolute Gain%

48 people have invested ₹ 1.7L in SBI Magnum Children's Benefit Fund Direct Growth in the last three months

Fund Performance

as on (20-Jun-25)

Period
This Fund
Hybrid Equity Index
1 Month
-0.32%
-
3 Months
3.32%
-
6 Months
1.2%
-
1 Year
10.14%
-
3 Years
14.22%
-
5 Years
14.73%
-

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
SBI Magnum Children's Benefit Fund
-
127Cr
0.84%
10.14%
14.22%
12.48%
HDFC Childrens Fund Lock in Direct Growth
2/5
10,177Cr
0.87%
4.83%
20.74%
15.99%
Aditya Birla Sun Life Bal Bhavishya Yojna Fund Direct Growth
3/5
1,114Cr
0.93%
3.76%
20.34%
13.05%
Axis Children's Lock in Fund Direct Growth
4/5
908Cr
1.3%
8.53%
14.84%
11.96%

SBI Magnum Children's Benefit Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Total Investment

0

Profit


Total Corpus

0

Absolute Return

SBI Magnum Children's Benefit Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 22.2%

Debt & Cash 77.9%

Small cap
16.3%

Large cap
3.1%

Mid cap
2.8%

SBI Magnum Children's Benefit Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 22.2%

Debt & Cash 77.9%

Consumer Cyclical
46.3%
Industrial
24.1%
Basic Materials
10.6%
Communication
7.8%
Consumer Defensive
5.9%
Financial Services
5.3%

Top 3 Sectors in May were Government, Consumer Cyclical & Corporate

May'25

Government

59%

Consumer Cyclical

55%

Corporate

33%

Apr'25

Government

60%

Consumer Cyclical

55%

Corporate

33%

SBI Magnum Children's Benefit Fund Holdings Details

as on (31-May-25)

Equity

Debt & Cash

SBI Magnum Children's Benefit Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.84%
Benchmark
Nifty 50 Hybrid Composite Debt 15:85
AUM₹127 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
3.0%
Lock In5 Years
TurnOver
94.07%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Moderately High risk

About SBI Magnum Children's Benefit Fund

SBI Magnum Children's Benefit Fund is a solution-oriented hybrid mutual fund. This fund is for parents to invest and build a financial corpus for their children. The fund has a lock-in of 5 years or till the child attains the age of maturity (whichever is earlier).

 

The fund follows CRISIL Hybrid 35+65 Aggressive Index as its benchmark. This index is used to measure aggressive hybrid funds that allocate 65% of their assets to equity securities and the balance 35% to debt securities. This helps measure the funds' performance with that of the broader market index.

 

SBI Mutual Fund carefully assesses the fundamentals of the business, quality of management and market leadership to invest in companies without any sectoral or market cap bias. The Fund maintains a strong focus on sectors like Financials, FMCG, Retail, Textile, Consumer Goods, etc. 

Currently, the fund's portfolio comprises 16.3% small-cap stocks, 3.05% large-cap stocks, and 2.82% mid-cap stocks.

With an AUM of ₹127.0 crores, SBI Magnum Children's Benefit Fund Direct Growth generated a return of 10.1% in 1 year, 14.2% in 3 years, 14.7% in 5 years. while its benchmark index (Hybrid Equity Index) generated 0.0% in 1 year, 0.0% in 3 years, and 0.0% in 5 years.

Fund Manager

Rajeev Radhakrishnan

Fund Manager of SBI Magnum Children's Benefit Fund Direct Growth, since 9 June 2008

R. Srinivasan

Fund Manager of SBI Magnum Children's Benefit Fund Direct Growth, since 13 January 2021

Learn more about SBI Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 127.1 Cr
₹ 124.8 Cr
₹ 122.5 Cr
  • AUM of the fund stands at 127.1 Cr as of May'25
  • AUM increased by 2.3 Cr between May'25 and Apr'25

Frequently Asked Questions for SBI Magnum Children's Benefit Fund Direct Growth

How do I invest in SBI Magnum Children's Benefit Fund?

INDmoney makes it simple to invest in the SBI Magnum Children's Benefit Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘SBI Magnum Children's Benefit Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of SBI Magnum Children's Benefit Fund?

The NAV of the fund today is ₹118.54. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

SBI Magnum Children's Benefit Fund fund has generated a return of 10.14% in 1 year, 14.22% in 3 years, 14.73% in 5 years.

Who is the fund manager of SBI Magnum Children's Benefit Fund?

The fund managers are Rajeev Radhakrishnan, R. Srinivasan.

What is the exit load of the fund?

The exit load is 3% if redeemed in 0-1 Years, 2% if redeemed in 1-2 Years, 1% if redeemed in 2-3 Years. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.84%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹127 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of SBI Magnum Children's Benefit Fund?

The top 3 holdings of the fund are 7.38% State Government Of Uttar Pradesh 2036(12.29%), 7.18% Govt Stock 2033(8.28%), 6.79% Govt Stock 2034(8.12%)