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Historical NAV
₹ 73.7122
NAV (Sep 23)
Fund Returns
Last 1Y
26.2%
Last 3Y
10.2%
Last 5Y
11%
Last 10Y
12.3%
Since Inception
NA
6 Month CAGR
12.2%
Scheme Information
Investment 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.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
SBI Funds Management Private Limited manages assets worth 438,987 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 75 equity,232 debt and 54 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About SBI Magnum Children s Benefit Fund (G)
About SBI Magnum Children s Benefit Fund (G)
SBI Magnum Children s Benefit Fund (G) is a Childrens Fund Solution Oriented fund and has delivered an annualised return of null% over a period of 19 years. . The fund is managed by SBI Funds Management Private Limited. The fund manager’s name is Rajeev Radhakrishnan
SBI Magnum Children s Benefit Fund (G) Investment 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. . However, there is no assurance that the objective of the scheme will be realized.
SBI Magnum Children s Benefit Fund (G) NAV,AUM,Risk
The SBI Magnum Children s Benefit Fund (G) fund was launched on Feb 21, 2002. The NAV (Net Asset Value) of this Childrens Fund Solution Oriented fund as of 2021-09-23 is ₹73.71. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹82.905. The category risk of the SBI Magnum Children s Benefit Fund (G) fund is Moderately High risk. The fund charges 1.23 % as expense ratio.
SBI Magnum Children s Benefit Fund (G) Holdings
The fund’s highest allocation is towards Debt and has invested 68.9% in this asset class. The top three holdings of the fund are , 5.63% govt stock 2026 , 5.22% goi 2025 , treps , state bank of india , indinfravit trust , allahabad bank , muthoot finance limited , the tata power company limited , punjab national bank , finolex industries ltd , bharti airtel ltd , g r infraprojects ltd , hdfc bank ltd , muthoot finance ltd , hawkins cookers ltd , chemplast sanmar ltd , ahluwalia contracts (india) ltd , csb bank ltd ordinary shares , dodla dairy ltd , nhpc ltd , jmc projects (india) ltd , thangamayil jewellery ltd , wabco india ltd , automotive axles ltd , net receivable / payable , icici lombard general insurance co ltd , state bank of india , wendt (india) ltd , mm forgings ltd
SBI Magnum Children s Benefit Fund (G) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
