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Unrated

SBI Magnum Children's Benefit Fund - Investment Plan - Regular Plan


Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

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

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • 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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(₹)
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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 27.44 -0.29 0.98 7.46 18.66 40.67 -- -- -- -- --
VR Balanced TRI 11.37 0.65 0.36 4.88 3.76 14.96 -- -- -- -- --
Hybrid: Aggressive Hybrid 14.10 0.17 1.13 5.36 5.81 17.33 -- -- -- -- --
Rank within category 3 50 29 2 2 1 -- -- -- -- --
Number of funds in category 49 50 50 50 50 48 47 36 30 27 24

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 - Investment Plan - Regular Plan
Unrated
Sep-20 -- -- -- 2.61 151
SBI Equity Hybrid Fund  | Invest Online
4 star
Dec-95 43.61 13.45 13.27 1.68 39,977
ICICI Prudential Equity & Debt Fund  | Invest Now
4 star
Nov-99 55.84 14.07 14.81 1.80 17,274
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 47.62 14.30 14.18 1.88 6,769
Canara Robeco Equity Hybrid Fund - Regular Plan  | Invest Online
5 star
Feb-93 43.37 14.71 14.65 1.97 5,327

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.19 09-Dec-2020 - 16-Dec-2020 -2.81 22-Jan-2021 - 31-Jan-2021
Month 15.77 17-Nov-2020 - 17-Dec-2020 -1.71 01-Jan-2021 - 31-Jan-2021
Quarter 30.34 09-Oct-2020 - 08-Jan-2021 8.79 11-Jan-2021 - 12-Apr-2021
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 14.39 18.22 0.55 0.64 -- --
Hybrid: Aggressive Hybrid* 12.05 17.74 0.44 0.49 0.93 -1.62
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 27
Top 10 Holdings (%) 42.85
Top 5 Holdings (%) 25.96
Top 3 Sectors (%) 41.09
Portfolio P/B Ratio 5.08
Portfolio P/E Ratio 34.72
Avg Credit Rating AA

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 5.15% GOI 2025 GOI Securities SOV 0.00 - 8.58 6.53
equal Powergrid Infrastructure Investment Trust Infrastructure Investment Trust -- 0.00 - 4.48 4.48
equal 8.44% Indian Bank Additional Tier 1 Bond AA 0.00 - 3.93 2.62

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
new Muthoot Finance Financial 15.54 6.06 0.00 6.06
equal Laxmi Organic Industries Chemicals 46.64 4.63 0.00 4.59
equal CSB Bank Financial 26.48 4.30 0.00 4.30
equal Rajratan Global Wire Automobile 21.02 4.20 3.24 3.81
equal HDFC Bank Financial 25.76 4.99 0.00 3.30
equal Wabco India Automobile 125.62 3.74 0.00 3.29
equal Ingersoll Rand India Engineering 42.25 4.14 0.00 3.28
equal ICICI Lombard General Insurance Company Financial 46.75 5.28 0.00 3.21
equal Automotive Axles Automobile 89.76 3.37 0.00 2.92
equal Privi Speciality Chemicals Chemicals 33.27 3.15 2.24 2.87
equal MTAR Technologies Services 68.61 6.92 0.00 2.86
equal Ratnamani Metals & Tubes Metals 34.21 4.31 2.61 2.61
equal Bajaj Finserv Financial 42.36 3.09 0.00 2.57
equal Bharti Airtel Communication -- 4.56 2.47 2.47
equal Wendt (India) Metals 58.53 3.16 0.00 2.29
equal Relaxo Footwears FMCG 93.53 2.97 1.91 2.25
equal Finolex Industries Chemicals 21.45 3.22 1.98 2.25
equal V-Mart Retail Services -- 3.19 2.01 2.01
equal Divi's Laboratories Healthcare 58.00 3.30 1.94 1.94
equal CRISIL Financial 49.80 3.03 0.00 1.92
equal Gland Pharma Healthcare 51.77 5.41 0.00 1.87
equal Garware Technical Fibres Textiles 38.69 2.84 1.87 1.87
equal P&G Hygiene & Health Care FMCG 63.14 3.06 1.73 1.73
equal Avenue Supermarts Services 187.03 5.72 1.60 1.60
equal Hatsun Agro Products FMCG 81.16 2.54 1.55 1.59

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

— Rama Iyer Srinivasan since 08-Sep-2020

Education: Mr. Srinivasan has done M.Com and MFM.

Experience: Prior to joining SBI, he has worked with Future Capital Holding as Head- Portfolio Management, with Principal Pnb AMC, Imperial Investment Advisor, Indosuez W.I. Carr Securities, Inquire, Sunidhi Consultancy, Capital Market Publishers.

— Dinesh Ahuja since 08-Sep-2020

Education: Mr. Ahuja is a B.Com (H) and MMS (Finance).

Experience: Prior to joining SBI AMC he has worked with L&T Investment management Ltd., Reliance Asset Management Ltd and Reliance General insurance Company Ltd.

Funds Managed:


-0.29%

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

Growth: ₹ 16.3530


Investment Strategy

The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across sectors and market capitalizations. The scheme will also invest in debt and money market instruments with an endeavour to generate income.

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 (₹) 500
Lock-in Period 5 Years
Exit Load 3% for redemption within 364 days
2% for redemption between 365 - 729 days
1% for redemption between 730 - 1095 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 29-Sep-2020
Return Since Launch: 63.53%
Benchmark: CRISIL Hybrid 35+65 Aggressive TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 151 Cr (As on 31-May-2021)
Expense: 2.61% (As on 30-Apr-2021)
Risk Grade: --
Return Grade: --
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

Upcoming Video

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Your investment strategy for debt funds after the fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM