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SBI Magnum Children's Benefit Fund

SBI Magnum Children's Benefit Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

14.22

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,900 today.

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NAV Performance

SBI Magnum Children's Benefit Fund performance graph for last 3 years
Performance of SBI Magnum Children's Benefit Fund for last 3 Years

Fund Information

  • ₹ 87.306

    as on 22 Sep 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 91 Cr.

    as on 31 May 2023
  • 1.21%

  • 28 Jan 2002

  • Debt - Childrens Fund

  • Nifty 50

  • SBI Mutual Fund

    Show All Funds

Highlights of this fund

SBI Magnum Children's Benefit Fund is an Open-ended Debt Fund. The fund belongs to Childrens Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 28 Jan 2002. This fund is offered by one of the top AMC (Assets Management Company) SBI Mutual Fund. You can also view here all other Debt funds offered by SBI Mutual Fund.

Latest NAV of the fund is ₹ 87.306 as on 22 Sep 2023.

This fund has 21 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.21%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

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.

List of Fund Managers of SBI Magnum Children's Benefit Fund

  • About Rajeev Radhakrishnan

    Picture of Rajeev RadhakrishnanRajeev joined SBIFM as a fixed income portfolio manager in 2008. He currently heads the Fixed Income desk at the AMC. Prior to joining SBIFM, Rajeev was Co-Fund Manager for Fixed Income with UTI Asset Management for seven years. Rajeev is an Engineering graduate and holds a Masters degree in finance from Mumbai University. He is also a charter holder of the CFA Institute, USA.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately High Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.53% 2.10% 7.75% 22.12% 14.55% 8.91% 19.16% 10.76% 14.87% 24.52% 15.24% 15.09% 14.47% 11.90%
Category Average -1.63% 1.60% 5.76% 16.42% 11.38% 5.86% 15.60% 10.14% 12.58% 19.29% 11.66% 11.55% 12.28% 10.74%
SBI Magnum Children's Benefit Fund 0.53%₹ 10,052 1.24%₹ 10,123 4.70%₹ 10,470 11.82%₹ 11,182 12.74%₹ 11,273 17.12%₹ 13,084 8.90%₹ 11,860 11.63%₹ 26,967 14.22%₹ 14,900 11.96%₹ 43,055 9.65%₹ 15,856 11.86%₹ 80,823 13.31%₹ 34,950 11.31%₹ 2,15,991
ICICI Prudential Child Care Fund (Gift Plan) -2.43%₹ 9,756 1.30%₹ 10,130 7.36%₹ 10,736 18.66%₹ 11,866 14.55%₹ 11,455 23.54%₹ 13,479 8.91%₹ 11,862 15.24%₹ 27,914 19.16%₹ 16,921 15.09%₹ 45,038 10.76%₹ 16,677 14.47%₹ 86,222 14.87%₹ 40,071 11.90%₹ 2,22,870
LIC Childrens Gift Fund -2.16%₹ 9,783 1.69%₹ 10,169 6.19%₹ 10,619 17.51%₹ 11,751 11.71%₹ 11,171 19.73%₹ 13,246 4.99%₹ 11,022 11.79%₹ 27,010 15.45%₹ 15,387 11.15%₹ 42,551 9.86%₹ 16,011 11.97%₹ 81,043 9.55%₹ 24,927 9.01%₹ 1,91,236
Absl Bal Bhavishya Yojna Wealth Plan -2.08%₹ 9,792 2.10%₹ 10,209 7.75%₹ 10,775 22.12%₹ 12,211 12.99%₹ 11,298 24.52%₹ 13,539 5.57%₹ 11,145 14.21%₹ 27,644 14.62%₹ 15,058 11.95%₹ 43,048 - - - -
Axis Childrens Gift Fund - No LocK-in -2.00%₹ 9,799 1.69%₹ 10,169 2.77%₹ 10,276 12.01%₹ 11,200 4.91%₹ 10,490 11.51%₹ 12,735 0.91%₹ 10,182 5.44%₹ 25,374 14.55%₹ 15,031 7.62%₹ 40,400 10.29%₹ 16,327 10.84%₹ 78,800 - -
HDFC Children's Gift Fund - - - - - - - - - - - - - -

Portfolio Holdings

Portfolio holdings pattern of SBI Magnum Children's Benefit Fund as on 26 Sep 2023 are listed below:

  • Equity Holdings:

    23.14%
  • Debt Holdings:

    68.82%
  • Others Holdings:

    8.04%

Top Sector Holdings of SBI Magnum Children's Benefit Fund

Name of SectorHolding PercentageHolding Values in Crore
Specialty chemicals 2.88% ₹ 2.73 Cr.
NBFC 2.54% ₹ 2.42 Cr.
Banks 2.18% ₹ 2.08 Cr.
Fabrics and garments 1.76% ₹ 1.68 Cr.
Pharmaceuticals 1.59% ₹ 1.52 Cr.
Others 89.05% -

Top Stock Holdings of SBI Magnum Children's Benefit Fund

Name of StocksHolding PercentageHolding Values in Crore
Divis Laboratories Ltd. 1.59% ₹ 1.52 Cr.
Archean Chemical Industries Ltd. 1.55% ₹ 1.47 Cr.
Hawkins Cookers Ltd. 1.41% ₹ 1.34 Cr.
Alphabet Inc 1.40% ₹ 1.33 Cr.
Garware Technical Fibres Ltd. 1.40% ₹ 1.33 Cr.
Others 92.65% -

Top Debt Instrument Type holdings of SBI Magnum Children's Benefit Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 57.26% ₹ 54.50 Cr.
NCD & Bonds 11.56% ₹ 11.00 Cr.
Others 31.18% -

Top Debt Holdings of SBI Magnum Children's Benefit Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 57.26% ₹ 54.50 Cr.
Bond - Mahanagar Telephone Nigam Ltd. 3.18% ₹ 3.03 Cr.
Bond - Avanse Financial Services Ltd. 3.15% ₹ 3.00 Cr.
Bond - DBL Mangloor Highways Private Ltd. 3.05% ₹ 2.91 Cr.
Bond - Indian Bank 2.18% ₹ 2.08 Cr.
Others 31.18%

Other Holdings

Holding TypeHolding Percentage
TREPS 6.36%
Net Receivables 1.68%