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SBI Magnum Children's Benefit Fund - Savings Plan - Direct Plan

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Hybrid: Conservative Hybrid

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1 Lakh

Investment Grown to
₹ 1.30 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.40 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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(₹)
cal
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 7.01 0.05 0.49 3.38 6.25 12.46 25.46 9.07 12.13 12.35 --
VR MIP TRI 5.19 0.31 0.27 2.25 2.55 6.72 19.19 9.87 9.52 8.87 --
Hybrid: Conservative Hybrid 5.54 0.08 0.53 2.14 3.37 6.72 18.46 8.34 8.72 9.01 --
Rank within category 6 25 21 3 2 3 5 13 1 1 --
Number of funds in category 34 37 37 36 36 34 34 31 31 28 0

As on 11-Jun-2021

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 - Direct Plan  | Invest Online
4 star
 Jan-13 25.46 9.07 12.13 0.73 77
ICICI Prudential Regular Savings Fund - Direct Plan  | Invest Now
5 star
 Jan-13 17.68 10.36 10.84 0.84 3,260
SBI Debt Hybrid Fund - Direct Plan  | Invest Online
4 star
 Jan-13 23.70 10.39 9.59 0.63 1,436
Kotak Debt Hybrid Fund - Direct Plan  | Invest Online
5 star
 Jan-13 23.85 12.56 11.33 1.10 582
Canara Robeco Conservative Hybrid Fund - Direct Plan  | Invest Online
5 star
 Jan-13 19.43 12.17 10.54 0.61 569

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 6.01 12-May-2014 - 19-May-2014 -5.86 11-Mar-2020 - 18-Mar-2020
Month 10.83 07-May-2014 - 06-Jun-2014 -12.20 20-Feb-2020 - 23-Mar-2020
Quarter 19.05 21-Feb-2014 - 23-May-2014 -13.73 20-May-2013 - 19-Aug-2013
Year 42.38 03-Sep-2013 - 03-Sep-2014 -10.22 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.61 8.37 0.52 0.70 1.05 -1.15
VR MIP TRI 9.52 6.87 0.76 0.89 -- --
Hybrid: Conservative Hybrid 7.90 6.51 0.67 0.79 0.72 -0.17
Rank within category 13 28 23 20 30 23
Number of funds in category 31 31 31 31 31 31

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

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 22
Number of Bonds 8
Average Maturity (yrs) 3.41
Top 10 Holdings (%) 68.02
Portfolio P/B Ratio 3.40
Portfolio P/E Ratio 27.18

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
up 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 38.63 38.63
equal 7.99% State Bank of India Additional Tier 2 Bond AAA 0.00 - 8.33 6.86
new IndInfravit Trust 2038 Debenture AAA 0.00 - 4.51 4.51
equal Powergrid Infrastructure Investment Trust Infrastructure Investment Trust -- 0.00 - 4.40 4.40
equal 9.53% Indian Bank Additional Tier 2 Bond AA+ 0.00 - 3.26 2.89
equal 8.84% Tata Power 21/02/2023 Debenture AA 0.00 - 3.20 2.73
equal 8.30% Muthoot Finance 2022 Debenture AA+ 0.00 - 2.80 2.66
equal 9.21% Punjab National Bank Additional Tier 1 Bond AA 0.00 - 2.92 2.63

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 HDFC Bank Financial 25.76 1.37 0.00 1.37
new Muthoot Finance Financial 15.54 1.34 0.00 1.34
equal HCL Technologies Technology 23.95 1.49 0.00 1.22
equal Automotive Axles Automobile 89.76 1.21 0.00 1.21
equal Finolex Industries Chemicals 21.45 1.21 0.00 1.21
equal CSB Bank Financial 26.48 1.37 0.00 1.20
equal TTK Prestige Cons Durable 52.16 1.12 0.00 1.12
equal JMC Projects (I) Construction -- 1.08 0.00 1.08
equal ABB India Ltd. Engineering 111.03 1.68 0.69 1.08
equal NHPC Energy 8.87 1.06 0.00 1.06
equal Hawkins Cookers Cons Durable 39.36 1.12 0.86 1.05
equal Bharti Airtel Communication -- 1.41 0.00 1.04
equal Wabco India Automobile 125.62 0.99 0.00 0.97
equal Ahluwalia Contracts Construction 45.48 1.22 0.65 0.95
equal MTAR Technologies Services 68.61 2.40 0.00 0.89
equal ICICI Lombard General Insurance Company Financial 46.75 0.84 0.00 0.84
equal State Bank of India Financial 17.11 1.89 0.71 0.82
equal MM Forgings Metals 74.27 0.89 0.00 0.80
new Thangamayil Jewellery Cons Durable 13.85 0.79 0.00 0.79
equal Wendt (India) Metals 58.53 0.64 0.00 0.64
equal Sun Pharmaceutical Inds. Healthcare 56.29 0.55 0.00 0.54
equal Manpasand Beverages FMCG -- 2.13 0.00 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

As on 31-May-2021

Fund Manager

— R. Srinivasan since 13-Jan-2021

— Rajeev Radhakrishnan since 01-Jan-2013

Invest Online
0.05%

Change from previous, NAV as on 11-Jun-2021

Growth: ₹ 74.3685

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 (₹) --
Lock-in Period 5 Years
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: 01-Jan-2013
Return Since Launch: 12.45%
Benchmark: NIFTY 50 Hybrid Composite Debt 15:85
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 77 Cr (As on 31-May-2021)
Expense: 0.73% (As on 30-Apr-2021)
Risk Grade: Above Average
Return Grade: Above Average
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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