SBI Magnum Children's Benefit Fund - Investment Plan - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 34.57 | 33.1 | N/A | N/A |
Average Rolling Returns(%) | 37.42 | 39.16 | N/A | N/A |
The Current NAV of SBI Magnum Children's Benefit Fund - Investment Plan - Regular Plan - Growth is ₹31.41.
It is better to invest in a fund with a longer track record as SBI Magnum Children's Benefit Fund - Investment Plan - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark CRISIL Hybrid 35+65 - Aggressive Index returns, as Funds portfolio is significantly different.
SBI Magnum Children's Benefit Fund - Investment Plan - Regular Plan - Growth fund’s expense ratio is 2.03%
The process for redemption is
The AUM of SBI Magnum Children's Benefit Fund - Investment Plan - Regular Plan - Growth is currently ₹1,687 Crores.
The Top three stocks are Hatsun Agro Product, Jupiter Life Line and ICICI Bank and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 22% and 39% of fund’s portfolio respectively.
Top three sectors of SBI Magnum Children's Benefit Fund - Investment Plan - Regular Plan - Growth fund are BFSI, Miscellaneous and FMCG accounting for 57% of the total portfolio.
Since this is a Solution Oriented - Children's Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of SBI Magnum Children's Benefit Fund - Investment Plan - Regular Plan - Growth Fund is Solution Oriented - Children's Fund.
R. Srinivasan and Rajeev Radhakrishnan manage the SBI Magnum Children's Benefit Fund - Investment Plan - Regular Plan - Growth Fund.
SBI Magnum Children's Benefit Fund - Investment Plan - Regular Plan - Growth current PE ratio is 0.00 and PB ratio is 0.00
The asset allocation of SBI Magnum Children's Benefit Fund - Investment Plan - Regular Plan - Growth is Stocks : 81.89%, Debt : 16.36% and Gold : 1.76%
The minimum SIP amount for SBI Magnum Children's Benefit Fund - Investment Plan - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹5000.00
The exit load for SBI Magnum Children's Benefit Fund - Investment Plan - Regular Plan - Growth is 3% on or before 1 year, 2% after 1 year but on or before 2 year, 1% after 2 year but on or before 3 year, Nil after 3 year