Performance Update

SBI Magnum Children's Benefit Inv: Stepping along

This fund remains a favoured option for those looking to supplement their core equity portfolio

This fund remains a favoured option for those looking to supplement their core equity portfolio

हिंदी में भी पढ़ें read-in-hindi

SBI Magnum Children's Benefit Fund - Investment Plan is the only solution-oriented fund which finds a place on our list of recommended aggressive growth players. With an average 50 per cent allocation to mid- and small-cap stocks since inception (according to Value Research classification), the fund adds a mid- and small-cap flavour to the investor's portfolio. Additionally, it benefits from its fund manager R Srinivasan, known for his expertise on small-cap stock picking. A glance at the fund's performance in 2023 shows that it outperformed the major indices in the first half of the year. However, it couldn't match the rally of mid- and small-cap indices in the latter part of the year. Yet, with an overall return of 31.5 per cent by the fund versus 20.3 per cent generated b

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