SBI Magnum Children's Benefit Fund Investment Direct Growth
Get the latest NAV of SBI Magnum Children's Benefit Fund Investment 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.
₹42.43
▲1.6%1D
NAV as on 12 May 2025
36.76%/per year
Since Inception
▲▼
1415 people have invested ₹ 1Cr in SBI Magnum Children's Benefit Fund Investment Direct Growth in the last three months
Fund Performance
as on (12-May-25)
Peer comparison
SBI Magnum Children's Benefit Fund Investment Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
SBI Magnum Children's Benefit Fund Investment Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Equity 74.1%
Debt & Cash 25.9%
SBI Magnum Children's Benefit Fund Investment Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Equity 74.1%
Debt & Cash 25.9%
Top 3 Sectors in March were Consumer Cyclical, Financial Services & Consumer Defensive
Consumer Cyclical
34%
Financial Services
24%
Industrial
13%
Consumer Cyclical
36%
Financial Services
24%
Consumer Defensive
12%
SBI Magnum Children's Benefit Fund Investment Holdings Details
as on (30-Apr-25)
Equity
Debt & Cash
SBI Magnum Children's Benefit Fund Investment Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.87% |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
| AUM | ₹3358 Cr |
| Inception Date | 29 September, 2020 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 3.0% |
| Lock In | 5 Years |
TurnOver | 63.13% |
| 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 |   Very High Risk |
About SBI Magnum Children's Benefit Fund Investment
SBI Magnum Children's Benefit Fund Investment Direct Growth is a hybrid fund. This fund was started on 29 September, 2020. The fund is managed by Rajeev Radhakrishnan, R. Srinivasan. This fund gives you the benefit of diversification.
Key Parameters
- SBI Magnum Children's Benefit Fund Investment Direct Growth has ₹3358 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
SBI Magnum Children's Benefit Fund Investment Direct Growth has given a CAGR return of 36.76% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 19.64% and 24.08% respectively.
Holdings
SBI Magnum Children's Benefit Fund Investment Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Consumer Defensive, Basic Materials, Utilities, Tech.
Taxation
As it is a children mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of SBI Magnum Children's Benefit Fund Investment Direct Growth
The investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across sectors and market capitalizations. The scheme will also invest in debt and money market instruments with an endeavour to generate income. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. There is a lock in period for SBI Magnum Children's Benefit Fund Investment Direct Growth of 5 Years
Fund Manager
Rajeev Radhakrishnan
Fund Manager of SBI Magnum Children's Benefit Fund Investment Direct Growth, since 1 November 2023
R. Srinivasan
Fund Manager of SBI Magnum Children's Benefit Fund Investment Direct Growth, since 29 September 2020
- AUM of the fund stands at 3.2K Cr as of Mar'25
- AUM increased by 211 Cr between Mar'25 and Feb'25
More funds from SBI
5Y CAGR
▲ 16.24
5Y CAGR
▲ 19.92
3Y CAGR
▲ 16.18
Frequently Asked Questions for SBI Magnum Children's Benefit Fund Investment Direct Growth
What is the current NAV of SBI Magnum Children's Benefit Fund Investment Direct Growth?
What are the average returns of SBI Magnum Children's Benefit Fund Investment Direct Growth?
SBI Magnum Children's Benefit Fund Investment Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.9% | 3.9% |
6 Month Returns | 2% | 2% |
1 Year Returns | 19.64% | 19.64% |
3 Years Returns | 91.03% | 24.08% |
How do I invest in SBI Magnum Children's Benefit Fund Investment 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 Investment Direct Growth?
What is net assets under management (AUM) of SBI Magnum Children's Benefit Fund Investment Direct Growth?
What are the top 5 holdings of SBI Magnum Children's Benefit Fund Investment Direct Growth?
What are the top 3 sectors that this SBI Magnum Children's Benefit Fund Investment Direct Growth has invested in?
What is the credit rating breakup of SBI Magnum Children's Benefit Fund Investment Direct Growth?
AAA | 100 |