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SBI Magnum Children's Benefit Fund

SBI Magnum Children's Benefit Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

9.84

as on 20 Sep 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,259 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

  • ₹ 73.364

    as on 20 Sep 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 79 Cr.

    as on 20 Sep 2021
  • 1.23%

    since 31 May 2021
  • 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 ₹ 73.364 as on 20 Sep 2021.

This fund has 19 years of track record. Since 31 May 2021 expense ratio of this fund is 1.23%. 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 0.82% 6.09% 12.17% 19.01% 42.30% 22.32% 16.43% 13.18% 13.57% 43.06% 32.97% 25.08% 17.65% 13.66%
Category Average 0.25% 4.11% 8.63% 14.63% 34.04% 18.07% 12.53% 10.75% 11.76% 33.25% 26.81% 20.27% 14.10% 12.18%
SBI Magnum Children's Benefit Fund 0.21%₹ 10,021 1.72%₹ 10,171 6.42%₹ 10,641 12.17%₹ 11,217 24.03%₹ 12,402 24.31%₹ 13,526 15.09%₹ 13,251 20.29%₹ 29,262 9.84%₹ 13,259 15.33%₹ 45,204 11.06%₹ 16,899 11.71%₹ 80,541 12.14%₹ 31,481 12.42%₹ 2,29,166
Axis Childrens Gift Fund - No LocK-in 0.64%₹ 10,063 6.09%₹ 10,608 12.17%₹ 11,216 19.01%₹ 11,900 42.31%₹ 14,230 43.06%₹ 14,643 22.32%₹ 14,970 32.97%₹ 32,738 16.43%₹ 15,796 25.08%₹ 51,802 13.18%₹ 18,577 17.65%₹ 93,245 - -
LIC Childrens Gift Fund 0.10%₹ 10,010 4.26%₹ 10,426 8.65%₹ 10,865 15.01%₹ 11,501 35.79%₹ 13,579 32.82%₹ 14,038 17.46%₹ 13,802 26.78%₹ 31,024 12.22%₹ 14,141 20.27%₹ 48,473 8.45%₹ 15,005 12.96%₹ 83,065 9.56%₹ 24,946 10.47%₹ 2,06,584
ICICI Prudential Child Care Fund (Gift Plan) 0.82%₹ 10,082 4.21%₹ 10,420 9.96%₹ 10,995 16.26%₹ 11,625 38.76%₹ 13,876 38.65%₹ 14,384 18.13%₹ 13,960 29.18%₹ 31,683 11.63%₹ 13,918 20.43%₹ 48,579 10.33%₹ 16,349 14.10%₹ 85,451 13.57%₹ 35,719 13.66%₹ 2,44,899
Absl Bal Bhavishya Yojna Wealth Plan -0.50%₹ 9,949 4.28%₹ 10,427 5.95%₹ 10,594 10.68%₹ 11,067 29.33%₹ 12,932 27.40%₹ 13,713 17.36%₹ 13,779 24.83%₹ 30,490 - - - - - -
HDFC Children's Gift Fund - - - - - - - - - - - - - -

Portfolio Holdings

Portfolio holdings pattern of SBI Magnum Children's Benefit Fund as on 21 Sep 2021 are listed below:

  • Equity Holdings:

    24.33%
  • Debt Holdings:

    58.60%
  • Others Holdings:

    17.07%

Top Sector Holdings of SBI Magnum Children's Benefit Fund

Name of SectorHolding PercentageHolding Values in Crore
Power 1.04% ₹ 4.19 Cr.
Auto ancillaries 3.62% ₹ 2.88 Cr.
Banks 3.42% ₹ 2.72 Cr.
Dairy products 2.54% ₹ 2.02 Cr.
Construction civil 2.38% ₹ 1.89 Cr.
Others 87.00% -

Top Stock Holdings of SBI Magnum Children's Benefit Fund

Name of StocksHolding PercentageHolding Values in Crore
Powergrid Infrastructure Investment Trust 0.00% ₹ 3.36 Cr.
Dodla Dairy Ltd. 2.54% ₹ 2.02 Cr.
Sona BLW Precision Forgings Ltd. 1.48% ₹ 1.18 Cr.
Muthoot Finance Pvt. Ltd. 1.47% ₹ 1.17 Cr.
HDFC Bank Ltd. 1.32% ₹ 1.05 Cr.
Others 93.19% -

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

Instrument TypeHolding PercentageHolding Values in Crore
GOI 37.03% ₹ 29.40 Cr.
NCD & Bonds 21.57% ₹ 17.13 Cr.
Others 41.40% -

Top Debt Holdings of SBI Magnum Children's Benefit Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 37.03% ₹ 29.40 Cr.
Bond - State Bank Of India 6.63% ₹ 5.27 Cr.
Bond - IndInfravit Trust 4.37% ₹ 3.47 Cr.
Bond - Indian Bank 2.76% ₹ 2.19 Cr.
Bond - Tata Power Co. Ltd. 2.64% ₹ 2.10 Cr.
Others 46.57%

Other Holdings

Holding TypeHolding Percentage
TREPS 16.73%
Net Receivables 0.34%