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Fund Overview
Fund Size
₹121 Cr
Expense Ratio
0.85%
ISIN
INF200K01QR6
Minimum SIP
₹1,000
Exit Load
3.00%
Inception Date
01 Jan 2013
About this fund
SBI Magnum Children's Benefit Fund Direct Growth is a Children mutual fund schemes offered by SBI Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹115.46, Assets Under Management (AUM) of 121.08 Crores, and an expense ratio of 0.85%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹115.46, Assets Under Management (AUM) of 121.08 Crores, and an expense ratio of 0.85%.
- SBI Magnum Children's Benefit Fund Direct Growth has given a CAGR return of 12.87% since inception.
- The fund's asset allocation comprises around 20.58% in equities, 71.45% in debts, and 7.97% in cash & cash equivalents.
- You can start investing in SBI Magnum Children's Benefit Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+19.80%
— (Cat Avg.)
3 Years
+12.24%
— (Cat Avg.)
5 Years
+13.66%
— (Cat Avg.)
10 Years
+12.50%
— (Cat Avg.)
Since Inception
+12.87%
— (Cat Avg.)
Portfolio Summaryas of 15th November 2024
| Equity | ₹24.92 Cr | 20.58% |
| Debt | ₹86.51 Cr | 71.45% |
| Others | ₹9.65 Cr | 7.97% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.38% State Government Of Uttar Pradesh 2036 | Bond - Gov't/Treasury | ₹15.27 Cr | 12.61% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹10.18 Cr | 8.41% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹10.16 Cr | 8.39% |
| Treps | Cash - Repurchase Agreement | ₹8.27 Cr | 6.83% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹5.19 Cr | 4.29% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹5.17 Cr | 4.27% |
| Rajasthan (Government of ) 7.49% | Bond - Sub-sovereign Government Debt | ₹5.15 Cr | 4.25% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹5.11 Cr | 4.22% |
| Nexus Select Trust | Bond - Corporate Bond | ₹5.02 Cr | 4.14% |
| Mahindra & Mahindra Financial Services Ltd | Bond - Corporate Bond | ₹5 Cr | 4.13% |
| Gs CG 16/12/2026 - (Strips) Tb | Bond - Gov't/Treasury | ₹3.26 Cr | 2.69% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹3.01 Cr | 2.49% |
| Avanse Financial Services Ltd. | Bond - Corporate Bond | ₹3 Cr | 2.48% |
| Cube Highways Trust | Bond - Corporate Bond | ₹2.99 Cr | 2.47% |
| State Bank Of India | Bond - Corporate Bond | ₹2.95 Cr | 2.43% |
| Tips Music Ltd | Equity | ₹2.13 Cr | 1.76% |
| Ganesha Ecosphere Ltd | Equity | ₹2.1 Cr | 1.74% |
| Indian Bank | Bond - Corporate Bond | ₹2 Cr | 1.65% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹1.94 Cr | 1.60% |
| Hawkins Cookers Ltd | Equity | ₹1.77 Cr | 1.47% |
| Garware Technical Fibres Ltd | Equity | ₹1.74 Cr | 1.44% |
| Pitti Engineering Ltd | Equity | ₹1.69 Cr | 1.40% |
| Hatsun Agro Product Ltd | Equity | ₹1.52 Cr | 1.26% |
| E I D Parry India Ltd | Equity | ₹1.48 Cr | 1.23% |
| DOMS Industries Ltd | Equity | ₹1.48 Cr | 1.22% |
| Net Receivable / Payable | Cash - Collateral | ₹1.38 Cr | 1.14% |
| Thangamayil Jewellery Ltd | Equity | ₹1.32 Cr | 1.09% |
| Brainbees Solutions Ltd | Equity | ₹1.3 Cr | 1.07% |
| K.P.R. Mill Ltd | Equity | ₹1.29 Cr | 1.06% |
| Muthoot Finance Ltd | Equity | ₹1.24 Cr | 1.03% |
| Elin Electronics Ltd | Equity | ₹1.22 Cr | 1.00% |
| Indegene Ltd | Equity | ₹1.12 Cr | 0.93% |
| Aether Industries Ltd | Equity | ₹1.06 Cr | 0.88% |
| Go Digit General Insurance Ltd | Equity | ₹0.96 Cr | 0.79% |
| Relaxo Footwears Ltd | Equity | ₹0.75 Cr | 0.62% |
| Sheela Foam Ltd | Equity | ₹0.74 Cr | 0.61% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹0.7 Cr | 0.58% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹0.2 Cr | 0.17% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹0.1 Cr | 0.08% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹0.1 Cr | 0.08% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹11.01 Cr | 9.09% |
| Industrials | ₹4.39 Cr | 3.63% |
| Basic Materials | ₹2.55 Cr | 2.10% |
| Financial Services | ₹2.2 Cr | 1.82% |
| Communication Services | ₹2.13 Cr | 1.76% |
| Consumer Defensive | ₹1.52 Cr | 1.26% |
| Healthcare | ₹1.12 Cr | 0.93% |
Risk & Performance Ratios
Standard Deviation
This fund
4.46%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.50
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
RS
R. Srinivasan
Since January 2021
RR
Rajeev Radhakrishnan
Since June 2008
PK
Pradeep Kesavan
Since December 2023
Additional Scheme Detailsas of 15th November 2024
ISIN INF200K01QR6 | Expense Ratio 0.85% | Exit Load 3.00% | Fund Size ₹121 Cr | Age 11 years 10 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 50 Hybrid Composite Debt 15:85 |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Children Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Magnum Children's Benefit Fund Regular Growth High Risk | 1.2% | 3.0% | ₹121.08 Cr | 19.4% |
| Tata Young Citizens Fund Direct Growth Very High Risk | 1.9% | 1.0% | ₹367.04 Cr | 18.6% |
| Aditya Birla Sun Life Bal Bhavishya Yojna Direct Growth Very High Risk | 0.8% | 0.0% | ₹1088.40 Cr | 20.3% |
| Aditya Birla Sun Life Bal Bhavishya Yojna Regular Growth Very High Risk | 2.1% | 0.0% | ₹1088.40 Cr | 18.5% |
| SBI Magnum Children's Benefit Fund- Investment PLan Direct Growth Very High Risk | 0.8% | 3.0% | ₹2824.86 Cr | 36.7% |
| SBI Magnum Children's Benefit Fund- Investment PLan Regular Growth Very High Risk | 1.9% | 3.0% | ₹2824.86 Cr | 35.1% |
| SBI Magnum Children's Benefit Fund Direct Growth High Risk | 0.8% | 3.0% | ₹121.08 Cr | 19.8% |
| Union Children's Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹59.22 Cr | - |
| Union Children's Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹59.22 Cr | - |
About the AMC
SBI Mutual Fund
Total AUM
₹11,20,990 Cr
Address
C-38 & 39, G Block, Bandra Kurla Complex, Mumbai, 400 051
Other Funds by SBI Mutual Fund
Risk Level
Your principal amount will be at High Risk
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Still got questions?
We're here to help.
What is the current NAV of SBI Magnum Children's Benefit Fund Direct Growth?
The NAV of SBI Magnum Children's Benefit Fund Direct Growth, as of 21-Nov-2024, is ₹115.46.
What are the returns of SBI Magnum Children's Benefit Fund Direct Growth?
The fund has generated 19.80% over the last 1 year and 12.24% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of SBI Magnum Children's Benefit Fund Direct Growth?
The fund's allocation of assets is distributed as 20.58% in equities, 71.45% in bonds, and 7.97% in cash and cash equivalents.
Who manages the SBI Magnum Children's Benefit Fund Direct Growth?
The fund managers responsible for SBI Magnum Children's Benefit Fund Direct Growth are:-
- R. Srinivasan
- Rajeev Radhakrishnan
- Pradeep Kesavan
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.