Fund Update

SBI Magnum Children's Benefit Fund: Investing rules explained

Being a children's fund, this recommended scheme has some fine details pertaining to investing and redemption. Let's see what they are.

Being a children's fund, this recommended scheme has some fine details pertaining to investing and redemption. Let's see what they are.

SBI Magnum Children's Benefit Fund - Investment Plan made to our list of recommended funds recently. Check out our detailed report. Since then, it has created some buzz and quite a few of our subscribers have shown interest to understand the fund in more detail. Being a solution-oriented scheme, there are some nuances around it in terms of investment eligibility, bank account permitted, KYC compliance, etc. So, here we answer all such queries you might have before investing in this fund. Who can invest? As SBI Magnum Children's Benefit Fund - Investment Plan is a solution plan marketed to serve different needs of your children when they grow up, investment in this scheme

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