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

Value Research Rating

5 star

Analyst’s Choice

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Riskometer

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Moderately High

₹117.5825 0.03%

As on 28-Apr-2025

Returns

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Calculate SIP Returns of SBI Magnum Children's Benefit Fund - Savings Plan - Direct Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk

info

This fund has Moderately High risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

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

Asset Allocation

Split between different types of investments

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Market Cap Weightage

Split between categories of Equity investments

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Peer Comparison

Fund name
Rating
VR Opinion
Risk info
Return (%)
Expense Ratio (%) info
SBI Magnum Children's Benefit Fund - Savings Plan - Direct Plan
5 star
unlock fund advisor
Moderately High
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0.85
4 star
unlock fund advisor
High
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1.05
4 star
unlock fund advisor
Moderately High
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1.15
4 star
unlock fund advisor
High
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0.97
4 star
unlock fund advisor
Moderately High
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0.45

Other details of SBI Magnum Children's Benefit Fund - Savings Plan - Direct Plan

Assets

info

₹123 Cr

Exit Load (Days)

info

3.00 (365)

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

500

Min. SIP Investment (₹)

500

Min. No of Cheques

12

BLAHBLAH

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

The following tax treatment is based upon last 12-months asset allocation and may vary from other funds in the category.

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 2 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 2 years from the date of investment: Gains are taxed at the rate of 12.5%.
  • No tax is to be paid as long as you continue to hold the units.

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

  • 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 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Latest news on SBI Magnum Children's Benefit Fund - Savings Plan - Direct Plan

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

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 - Direct 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 - Direct Plan is ₹117.5825 as of 29-Apr-2025.

The AUM of SBI Magnum Children's Benefit Fund - Savings Plan - Direct Plan Fund is ₹123 Cr as of 31-Mar-2025

The riskometer level of SBI Magnum Children's Benefit Fund - Savings Plan - Direct Plan is Moderately High. See More

Company Percentage of Portfolio

Uttar Pradesh State SDL 7.38 13/03/2036

12.64

GOI Sec 7.18 14/08/2033

8.46

GOI Sec 6.79 07/10/2034

8.28

Rajasthan State SDL 7.49 27/03/2040

4.26

Sundaram Finance Ltd SR Y3 Debenture 8.23 05/07/2034

4.21
See More

As of 31-Mar-2025, SBI Magnum Children's Benefit Fund - Savings Plan - Direct Plan had invested 65.21% in Debt, 21.46% in Equity and 13.33% in Cash & Cash Eq. See More

SBI Magnum Children's Benefit Fund - Savings Plan - Direct Plan is 12 years 4 months old. It has delivered 12.48% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
13.49%
12.67%
15.41%
10.74%
12.26%
12.48%

Yes, There is lock in period in SBI Magnum Children's Benefit Fund - Savings Plan - Direct Plan.

The expense ratio of SBI Magnum Children's Benefit Fund - Savings Plan - Direct Plan is 0.85.