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SBI Magnum Children's Benefit Fund


1 Lakh

Investment Grown to
₹ 1.27 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.85 Lakh

Analyst's Choice?

Suitability:

When you invest for three years or above, you can expect gains that beat the inflation rate and are also slightly higher than fixed income options. But be prepared for some ups and downs in your investment value along the way.

Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds and commodities. Given their underlying investments, these funds offer a viable alternative to regular income seekers. To derive dependable, inflation-protected income, 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% of the value of your investment every year.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than three years.

Taxability of earnings:

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 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 2.28 -1.30 1.75 2.94 8.27 9.71 10.60
VR MIP TRI 8.68 0.62 3.24 9.34 8.66 7.77 8.12
Hybrid: Conservative Hybrid 5.55 0.31 2.46 6.15 6.03 6.88 8.09
Rank within category 31 38 28 30 4 1 1
Number of funds in category 36 38 38 36 36 32 22

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 10.75 (07-May-2014 - 06-Jun-2014) -7.11 (19-Jul-2013 - 19-Aug-2013)
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) -6.06 (26-Oct-2007 - 27-Oct-2008)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.34 5.62 0.46 0.76 0.81 0.48
VR MIP TRI 8.35 4.20 0.61 0.98 -- --
Hybrid: Conservative Hybrid 5.83 4.47 0.04 0.12 0.81 -2.02
Rank within category 2 31 4 4 23 3
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 30-Nov-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 25
Number of Bonds --
Average Maturity (yrs) * --
Top 10 Holdings (%) 72.24
Portfolio P/B Ratio 2.02
Portfolio P/E Ratio 23.17

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 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 32.81 32.20
equal 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 0.00 - 8.21 8.21
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 0.00 - 8.22 8.04
equal 11.25% Syndicate Bank 30/03/2050 Debenture A+ 6.22 - 6.55 6.33
equal 8.75% Muthoot Finance 24/06/2020 Debenture AA 4.96 - 5.21 5.04
equal 9.15% ICICI Bank Debenture AA+ 4.65 - 7.91 4.75
new 8.84% Tata Power 21/02/2023 Debenture AA 0.00 - 3.10 3.10
equal 8.70% Reliance Home Finance 2020 Debenture D 0.00 - 1.19 0.00

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 ICICI Bank Financial 67.66 1.84 0.00 1.84
equal Tata Metaliks Metals 11.15 1.41 0.00 1.41
down ICICI Prudential Life Insurance Co. Ltd. Financial 62.13 1.56 0.00 1.32
equal Axis Bank Financial 47.71 1.73 0.00 1.31
down Narayana Hrudayalaya Healthcare 50.54 1.53 0.00 1.30
equal ABB Engineering 86.00 1.44 0.00 1.28
new CSB Bank Financial 1.24 0.00 1.24
equal Tata Motors DVR Automobile 1.37 0.00 1.21
down The New India Assurance Financial 53.09 1.74 0.00 1.15
equal Tata Global Beverages FMCG 53.71 2.07 0.71 1.13
equal State Bank of India Financial 29.35 2.20 0.86 1.06
equal BHEL Engineering 20.91 1.11 0.00 1.05
equal GE T&D (I) Engineering 1.32 0.00 1.04
equal Greenply Inds. FMCG 19.40 1.10 0.00 1.03
equal Ahluwalia Contracts Construction 20.92 1.56 0.73 0.95
new Zee Entertainment Services 14.94 0.93 0.00 0.93
down Hawkins Cookers Cons Durable 30.09 1.12 0.00 0.90
equal Sadbhav Engineering Construction 13.96 1.84 0.61 0.88
equal Colgate-Palmolive FMCG 50.01 1.18 0.00 0.81
equal Schaeffler India Engineering 34.97 0.80 0.00 0.77
equal Indian Terrain Fashions Textiles 10.71 1.21 0.00 0.61
equal PNC Infratech Services 9.94 1.27 0.00 0.57
equal Cummins India Engineering 23.29 0.46 0.00 0.46
equal Manpasand Beverages FMCG 2.13 0.00 0.18
equal Page Industries Textiles 61.98 0.22 0.12 0.14

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 30-Nov-2019

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:


0.30%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 56.3232


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
Benchmark: NIFTY 50 Hybrid Composite Debt 15:85
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 65 Cr (As on 30-Nov-2019)
Expense: 2.26% (As on 31-Oct-2019)
Risk Grade: Above Average
Return Grade: High
Turnover: --

News & Analysis

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: 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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