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5 star

SBI Magnum Children's Benefit Fund - Savings Plan

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Hybrid: Conservative Hybrid

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1 Lakh

Investment Grown to
₹ 1.13 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.95 Lakh

Suitability:

Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than returns from fixed income options.

They may also suit those looking for a regular income from their accumulation. The debt portion of these funds provides a moderate, but steady stream of income. The small equity allocation though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.

Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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cal

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 7.92 0.16 0.73 3.06 4.10 12.18 7.51 4.06 10.17 12.78 10.53
VR MIP TRI 7.21 -0.02 0.30 3.90 5.75 11.87 7.85 7.96 8.63 9.24 8.22
Hybrid: Conservative Hybrid 6.64 0.10 0.57 3.43 5.13 11.75 6.73 4.96 7.11 8.74 7.97
Rank within category 18 14 9 18 27 12 20 27 2 1 1
Number of funds in category 39 39 39 39 39 39 38 36 33 30 29

As on 27-Nov-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Magnum Children's Benefit Fund - Savings Plan  | Invest Online
5 star
 Feb-02 7.51 4.06 10.17 2.26 67
ICICI Prudential Regular Savings Fund  | Invest Now
5 star
 Mar-04 9.54 8.07 9.54 1.93 2,256
HDFC Hybrid Debt Fund  | Invest Online
3 star
 Dec-03 7.04 4.69 7.45 1.90 2,345
UTI Regular Savings Fund - Regular Plan  | Invest Online
2 star
 Dec-03 7.67 4.81 7.13 1.79 1,619
Aditya Birla Sun Life Regular Savings Fund  | Invest Online
2 star
 May-04 6.53 3.59 7.73 2.00 1,160

Best & Worst Performance

Best (Period) Worst (Period)
Week 5.99 (12-May-2014 - 19-May-2014) -5.87 (11-Mar-2020 - 18-Mar-2020)
Month 10.75 (07-May-2014 - 06-Jun-2014) -12.26 (20-Feb-2020 - 23-Mar-2020)
Quarter 18.81 (21-Feb-2014 - 23-May-2014) -13.89 (20-May-2013 - 19-Aug-2013)
Year 41.18 (03-Sep-2013 - 03-Sep-2014) -10.93 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.08 7.45 -0.12 -0.15 0.93 -2.29
VR MIP TRI 6.48 6.53 0.23 0.26 -- --
Hybrid: Conservative Hybrid 4.06 7.12 -0.07 -0.03 0.85 -2.19
Rank within category 22 28 24 25 30 23
Number of funds in category 36 36 36 36 36 36

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Oct-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 27
Number of Bonds 11
Average Maturity (yrs) 6.96
Top 10 Holdings (%) 68.60
Portfolio P/B Ratio 2.06
Portfolio P/E Ratio 18.69

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 23.52 16.59
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture -- 0.00 - 8.12 8.12
equal 7.43% National Bank Agr. Rur. Devp 31/01/2030 Debenture -- 0.00 - 8.05 8.05
equal 7.75% Power Finance Corp. 2030 Non Convertible Debenture -- 0.00 - 7.95 7.95
new 6.65% Food Corporation of India 23/10/2030 Debenture -- 0.00 - 7.54 7.54
equal 11.25% Canara Bank 30/03/2050 Debenture -- 0.00 - 6.06 6.06
equal 7.17% Karnataka State 27/11/2029 State Development Loan SOV 0.00 - 5.08 4.72
equal 9.53% Indian Bank 27/12/2029 Debenture -- 0.00 - 3.33 3.33
equal 8.84% Tata Power 21/02/2023 Debenture -- 0.00 - 3.16 3.16
equal 8.30% Muthoot Finance 2022 Debenture -- 0.00 - 3.08 3.08
equal 9.21% Punjab National Bank Bonds -- 0.00 - 2.98 2.98

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Cipla Healthcare 32.63 1.82 0.00 1.75
equal Computer Age Management Services Financial 40.63 1.58 0.00 1.58
equal Phoenix Mills Construction 194.64 1.65 0.00 1.47
up State Bank of India Financial 9.29 1.94 0.86 1.46
equal HCL Technologies Technology 18.30 1.42 0.00 1.42
equal Tech Mahindra Technology 21.25 1.30 0.00 1.30
equal Narayana Hrudayalaya Healthcare -- 1.65 0.00 1.25
up Bharti Airtel Communication -- 1.20 0.00 1.20
up ABB Engineering 97.69 1.44 0.00 1.18
equal Zydus Wellness FMCG 206.95 1.09 0.00 1.09
equal Hawkins Cookers Cons Durable 42.06 1.12 0.00 1.04
equal NHPC Energy 7.03 1.03 0.00 0.94
equal Cummins India Engineering 27.26 1.18 0.00 0.90
equal PNC Infratech Services 13.37 1.06 0.00 0.83
equal GE T&D (I) Engineering -- 1.32 0.00 0.78
equal Ahluwalia Contracts Construction 31.66 1.22 0.65 0.78
up Greenply Inds. FMCG 181.26 1.10 0.00 0.75
equal Andhra Paper FMCG 7.63 1.74 0.00 0.75
equal The New India Assurance Financial 13.17 1.74 0.00 0.71
equal Schaeffler India Engineering 53.10 0.84 0.00 0.65
equal Bosch Automobile 439.36 1.14 0.00 0.63
up Tata Metaliks Metals 8.78 1.42 0.00 0.58
equal Engineers India Construction 12.75 1.06 0.00 0.49
equal Sun Pharmaceutical Inds. Healthcare 83.46 0.51 0.00 0.44
equal Indian Terrain Fashions Textiles -- 1.21 0.00 0.24

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2020

Fund Manager

— Rajeev Radhakrishnan since 09-Jun-2008

Education: Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA.

Experience: Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.

Funds Managed:

Invest Online
0.16%

Change from previous, NAV as on 27-Nov-2020

Growth: ₹ 60.9967

Investment Strategy

The scheme seeks 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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 3% for redemption within 365 days
2% for redemption between 366 - 730 days
1% for redemption between 731 - 1095 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 21-Feb-2002
Return Since Launch: 10.11%
Benchmark: NIFTY 50 Hybrid Composite Debt 15:85
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 67 Cr (As on 31-Oct-2020)
Expense: 2.26% (As on 31-Oct-2020)
Risk Grade: Above Average
Return Grade: High
Turnover: --

Contact Information

AMC: SBI Funds Management Ltd

Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051

Phone: 022-61793000 / 1800-425-5425

Fax: 022-22189663

Email: [email protected]

Website: http://www.sbimf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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dateSaturday, 28-Nov-2020
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