FAQ : SBI Magnum Children's Benefit Fund - Investment Plan - Regular Plan - Growth

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

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

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

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