Analyst’s Choice
Recently Viewed
Clear All
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Fund name
|
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
---|---|---|---|---|---|---|
SBI Magnum Children's Benefit Fund - Savings Plan
|
Moderately High
|
loading... |
1.21 |
|||
High
|
loading... |
1.54 |
||||
Moderately High
|
loading... |
1.77 |
||||
High
|
loading... |
1.67 |
||||
Moderately High
|
loading... |
1.66 |
₹121 Cr
3.00 (365)
5,000
500
500
12
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.
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."
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
1 min read•By Value Research
4 min read•By Neil Borate
1 min read•By Research Desk
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.
Mutual funds can be bought directly from the website of the fund house. For instance, SBI Magnum Children's Benefit Fund - Savings Plan fund can be purchased from the website of SBI Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of SBI Magnum Children's Benefit Fund - Savings Plan is ₹103.9874 as of 15-Feb-2025.
The AUM of SBI Magnum Children's Benefit Fund - Savings Plan Fund is ₹121 Cr as of 31-Jan-2025
The riskometer level of SBI Magnum Children's Benefit Fund - Savings Plan is Moderately High. See More
Company | Percentage of Portfolio |
---|---|
Uttar Pradesh State SDL 7.38 13/03/2036 |
12.63
|
GOI Sec 7.18 14/08/2033 |
8.48
|
GOI Sec 6.79 07/10/2034 |
8.31
|
Rajasthan State SDL 7.49 27/03/2040 |
4.26
|
Sundaram Finance Ltd SR Y3 Debenture 8.23 05/07/2034 |
4.25
|
As of 31-Jan-2025, SBI Magnum Children's Benefit Fund - Savings Plan had invested 61.33% in Debt, 20.73% in Equity and 17.94% in Cash & Cash Eq. See More
SBI Magnum Children's Benefit Fund - Savings Plan is 23 years 0 months old. It has delivered 10.72% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
11.60%
|
10.94%
|
12.58%
|
9.65%
|
11.10%
|
10.72%
|
Yes, There is lock in period in SBI Magnum Children's Benefit Fund - Savings Plan.
The expense ratio of SBI Magnum Children's Benefit Fund - Savings Plan is 1.21.