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.
₹118.84
▲0.1%1D
NAV as on 16 May 2025
12.6%/per year
Since Inception
▲▼
54 people have invested ₹ 2.5L in SBI Magnum Children's Benefit Fund Direct Growth in the last three months
Fund Performance
as on (16-May-25)
Peer comparison
SBI Magnum Children's Benefit Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
SBI Magnum Children's Benefit Fund Asset Allocation
See fund asset allocation details as on (13-May-25)
Fund Distribution
as on (13-May-25)
Equity 21.4%
Debt & Cash 78.6%
SBI Magnum Children's Benefit Fund Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Equity 21.4%
Debt & Cash 78.6%
Top 3 Sectors in April were Consumer Cyclical, Government & Corporate
Government
60%
Consumer Cyclical
55%
Corporate
33%
Consumer Cyclical
53%
Government
49%
Corporate
33%
SBI Magnum Children's Benefit Fund Holdings Details
as on (30-Apr-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 ratio | 0.85% |
Benchmark | Nifty 50 Hybrid Composite Debt 15:85 |
| AUM | ₹125 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 3.0% |
| Lock In | 5 Years |
TurnOver | 94.07% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   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 16.2% small-cap stocks, 2.85% large-cap stocks, and 2.40% mid-cap stocks.
With an AUM of ₹125.0 crores, SBI Magnum Children's Benefit Fund Direct Growth generated a return of 13.9% in 1 year, 13.8% in 3 years, 15.6% 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
- AUM of the fund stands at 124.8 Cr as of Apr'25
- AUM increased by 2.3 Cr between Apr'25 and Mar'25
More funds from SBI
5Y CAGR
▲ 16.69
5Y CAGR
▲ 20.03
Frequently Asked Questions for SBI Magnum Children's Benefit Fund Direct Growth
What is the current NAV of SBI Magnum Children's Benefit Fund Direct Growth?
What are the average returns of SBI Magnum Children's Benefit Fund Direct Growth?
SBI Magnum Children's Benefit Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.55% | 1.55% |
6 Month Returns | 3.31% | 3.31% |
1 Year Returns | 13.86% | 13.86% |
3 Years Returns | 47.46% | 13.82% |
How do I invest in SBI Magnum Children's Benefit Fund Direct Growth?
- 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.
What is the expense ratio of SBI Magnum Children's Benefit Fund Direct Growth?
What is net assets under management (AUM) of SBI Magnum Children's Benefit Fund Direct Growth?
What are the top 5 holdings of SBI Magnum Children's Benefit Fund Direct Growth?
What are the top 3 sectors that this SBI Magnum Children's Benefit Fund Direct Growth has invested in?
What is the credit rating breakup of SBI Magnum Children's Benefit Fund Direct Growth?
AAA | 93.31 |
AA | 6.69 |