SBI Magnum Children's Benefit Fund Regular Growth

SBI Magnum Children's Benefit Fund Regular Growth is a hybrid fund. This fund was started on 21 February, 2002. The fund is managed by R. Srinivasan, Lokesh Mallya. This fund gives you the benefit of diversification.

1. SBI Magnum Children's Benefit Fund Regular Growth has ₹128 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 1.2.
   

SBI Magnum Children's Benefit Fund Regular Growth has given a CAGR return of 0.00% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.60%, 12.20% and 13.37% respectively.

SBI Magnum Children's Benefit Fund Regular Growth has allocated its funds majorly in Consumer Cyclical, Government, Corporate, Cash Equivalent, Basic Materials, Industrial, Financial Services, Consumer Defensive.

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 benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To provide the investors an opportunity to earn regular income predominantly through investment in debt and money market instruments and capital appreciation through an actively managed equity portfolio.

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 Regular Growth of 5 Years