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Value Research Rating
Analyst’s Choice
Riskometer
Very High
₹44.6581 0.04%
As on 14-Oct-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
SBI Magnum Children's Benefit Fund - Investment Plan - Direct Plan
|
|
|
Very High
|
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0.76 |
|
|
|
Very High
|
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0.99 |
||
 |
|
Very High
|
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0.90 |
||
|
|
Very High
|
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0.45 |
||
|
|
Very High
|
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1.24 |
₹2,856 Cr
3.00 (364)
5,000
500
500
12
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.
Suitability
"When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in smaller companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, 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 small-cap fund, if you need to redeem your investment in less than seven years.
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
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.
Mutual funds can be bought directly from the website of the fund house. For instance, SBI Magnum Children's Benefit Fund - Investment 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 - Investment Plan - Direct Plan is ₹44.6581 as of 16-Oct-2024.
The AUM of SBI Magnum Children's Benefit Fund - Investment Plan - Direct Plan Fund is ₹2,856 Cr as of 30-Sep-2024
The riskometer level of SBI Magnum Children's Benefit Fund - Investment Plan - Direct Plan is Very High. See More
| Company | Percentage of Portfolio |
|---|---|
|
Cube Highways Trust |
3.49
|
|
NHIT |
1.11
|
As of 30-Sep-2024, SBI Magnum Children's Benefit Fund - Investment Plan - Direct Plan had invested 82.14% in Equity, 13.26% in Cash & Cash Eq. and 4.6% in Real Estate See More
SBI Magnum Children's Benefit Fund - Investment Plan - Direct Plan is 4 years 0 months old. It has delivered 44.78% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
47.07%
|
24.48%
|
--
|
--
|
--
|
44.78%
|
Yes, There is lock in period in SBI Magnum Children's Benefit Fund - Investment Plan - Direct Plan.
The expense ratio of SBI Magnum Children's Benefit Fund - Investment Plan - Direct Plan is 0.76.
