SBI Magnum Children's Benefit Fund Direct Growth
NAV: ₹ 80.6 as on 04-07-2022
SBI Magnum Children's Benefit Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by R. Srinivasan, Rajeev Radhakrishnan. This fund gives you the benefit of diversification.
1) SBI Magnum Children's Benefit Fund Direct Growth has a NAV of ₹80.5656 as on 04-07-2022.
2) SBI Magnum Children's Benefit Fund Direct Growth has ₹85 Cr worth of assets under management (AUM) as on 31-05-2022 and is less than category average.
3) The fund has an expense ratio 0.82 %.
Fund Overview
Expense ratio | 0.82% | |
Benchmark | Nifty Composite Debt Index TR INR | |
AUM | ₹85 Cr | |
Inception Date | 1 January, 2013 | |
Min Lumpsum/SIP | ₹5000/₹500 | |
Exit Load | 3% | |
Lock In | 5 Years | |
TurnOver | 76.46% |
Fund Distribution
| Consumer Cyclical | 44.5% |
| Industrial | 16.1% |
| Basic Materials | 11.8% |
| Financial Services | 10.5% |
| Health | 8.8% |
| Consumer Defensive | 8.3% |
Top Holdings
Treps | 29.5% |
06.69 MP Sdl 2025 | 29% |
5.22% Govt Stock 2025 | 5.4% |
Indinfravit TRust | 4% |
Dbl Mangloor Highways Private Limited | 3.4% |
Indian Bank | 2.4% |
The Tata Power Company Limited | 2.4% |
Muthoot Finance Limited | 2.4% |
Fund Highlights
About the fund
Fund Allocations
AUM size ₹85 Cr
Expense Ratio 0.82%
R. Srinivasan is M.Com & MFM
11 Years experience
Having experience of more than 17 years in the area of financial services. Prior to joining SBI Funds Management Pvt. Ltd. Mr. Srinivasan was with Future Capital Holding, asset management and financial services entity of the Future Group, where he worked as Head - Portfolio Management and was responsible for Portfolio Management & Equity Research. Before that he worked with many organizations viz: Principal PNB AMC Imperial Investment Advisor Indosuez W.I. Carr Securities Inquire (Indian Equity Research) Sunidhi Consultancy (Research unit) Capital Market Publishers etc.
Rajeev Radhakrishnan is B.E (Production). MMS (Finance) Cleared Level 2 of the CFA exam conducted by CFA Institute, USA.
18 Years experience
Rajeev joined SBIFM as a fixed income portfolio manager in 2008. He currently heads the Fixed Income desk at the AMC. Prior to joining SBIFM, Rajeev was Co-Fund Manager for Fixed Income with UTI Asset Management for seven years. He is an Engineering graduate and holds a Masters degree in finance from Mumbai University. He is also a charter holder of the CFA Institute, US
AMC details
Frequently Asked Questions