- 1M
- 3M
- 6M
- 1YR
- 3YR
- 5YR
- 10YR
- Since Inception
Performance
Monthly SIP of ₹ for
Below table shows comparison of SBI Magnum Childrens Benefit Fund with respect to the investments in Fixed Deposit and Gold for the
Total investment of
₹36,000 over the period of 3 years.
| Total Value | Gain | Return % | |
|---|---|---|---|
| Bank FD | 39,824 |
3,824 |
6.5% |
| Gold | 40,770 |
4,770 |
8.00% |
Fund Information
-
As of 31 Jan 2024, fund size of SBI Magnum Childrens Benefit Fund is
106.85 Cr. -
SBI Magnum Childrens Benefit Fund shown here is of
Growthplan.
-
The Total Expense Ratio (TER) of the fund is
1.22%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.
-
SBI Magnum Childrens Benefit Fund is an
Solution Orientedoriented mutual fund in the
- Childrens Fund Fundcategory.
-
Nifty 50 Arbitrage Index
is the benchmark for SBI Magnum Childrens Benefit Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.
-
The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on
25 Jan 2002as at present it is 23 years old fund.
-
Name of the AMC is
SBI Mutual Fund.
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know moreabout SBI Mutual Fund.
Fund Managed By
Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. SBI Magnum Childrens Benefit Fund managed by following fund manager(s);
How does the
Return Comparison of the SBI Magnum Childrens Benefit Fund fare against peer funds in the Childrens Fund fund category?
Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by SBI Magnum Childrens Benefit Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Solution Oriented, Childrens Fund fund category these peer funds belongs to.
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|
| Category Best | 3.07% | 13.31% | 13.31% | 16.13% | 8.95% | 19.59% | 11.08% | 15.06% |
| Category Average | 2.23% | 11.45% | 11.45% | 13.00% | 5.46% | 15.82% | 10.39% | 12.75% |
| SBI Magnum Childrens Benefit Fund | -0.43% | 1.51% | 10.54% | 19.39% | - | - | - | - |
| ICICI Prudential Child Care Fund (Gift Plan) | -5.46% | -4.56% | 1.71% | 26.52% | - | - | - | - |
| LIC MF Childrens Fund | -4.48% | -4.36% | 7.13% | 19.17% | 16.41% | 10.23% | 12.29% | 8.56% |
| Aditya Birla Sun Life Bal Bhavishya Yojna Wealth Plan | -6.12% | -7.29% | 3.31% | 18.50% | 16.81% | 9.55% | 11.88% | - |
| Axis Childrens Gift Fund | -2.89% | -1.91% | 9.20% | 19.61% | 12.74% | 5.76% | 11.96% | - |
Fund Portfolio Details
Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of SBI Magnum Childrens Benefit Fund are shown below;
Equity 23.11%
Debt 65.28%
Others 11.61%
Portfolio Holdings shown is as of 31 Jan 2024
Riskometer
Investors understand that their
principal
will be at High risk