close search
Home Mutual FundsHybridChildrens FundSBI Magnum Childrens Benefit Fund

SBI Magnum Childrens Benefit Fund

The fund details shown here are of the Growth Plan option and belongs to the Hybrid, Childrens Fund category.

The NAV for SBI Magnum Childrens Benefit Fund Fund is 109.400 as of 28 May 2025. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 13.43% annualized return for the last 3 years.

At present SBI Magnum Childrens Benefit Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Fund Information

  • As of 28 Feb 2025, fund size of SBI Magnum Childrens Benefit Fund is 106.85 Cr.

  • SBI Magnum Childrens Benefit Fund shown here is of Growth plan.

  • 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 Hybrid oriented mutual fund in the - Childrens Fund category.

  • 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 2002 as at present it is 23 years old fund.

  • Name of the AMC is SBI Mutual Funds. Click here to know more about SBI Mutual Funds.

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);

Riskometer

Investors understand that their principal
will be at High risk

How does the Return Comparison of the SBI Magnum Childrens Benefit Fund fare against peer funds in the Childrens 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 Hybrid, Childrens 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 4.37% 14.51% 2.75% 13.49% 20.13% 19.60% 21.15% 12.10%
Category Average 2.88% 11.04% 0.45% 8.47% 16.18% 14.64% 16.82% 10.67%
SBI Magnum Childrens Benefit Fund 1.33% 5.63% 2.19% 13.49% - - - -
ICICI Prudential Child Care Fund (Gift Plan) 3.17% 13.58% 2.75% 6.51% - - - -
Aditya Birla Sun Life Bal Bhavishya Yojna Wealth Plan 4.37% 14.51% 0.10% 6.26% 17.75% 15.75% 16.42% -
LIC MF Childrens Fund 3.30% 10.80% -4.44% 4.31% 14.33% 12.92% 15.58% 8.20%
Axis Childrens Gift Fund 2.25% 10.67% 1.63% 11.80% 13.80% 11.48% 15.88% -
HDFC Childrens Gift Fund - - - - - - - -

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 19.63%

Debt 62.14%

Others 18.23%

Portfolio Holdings shown is as of 28 Feb 2025