SBI Magnum Children's Benefit Fund Direct Growth

SBI Magnum Children's Benefit Fund Direct Growth

NAV as on 17-04-2025

₹ 117.44

0.3%

1D

Inception Returns

12.6%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
43 people have invested ₹ 2.7L in SBI Magnum Children's Benefit Fund Direct Growth in the last three months

About SBI Magnum Children's Benefit Fund Direct Growth

SBI Magnum Children's Benefit Fund is a solution-oriented hybrid mutual fund. This fund is for parents to invest and build a financial corpus for their children. The fund has a lock-in of 5 years or till the child attains the age of maturity (whichever is earlier).

 

The fund follows CRISIL Hybrid 35+65 Aggressive Index as its benchmark. This index is used to measure aggressive hybrid funds that allocate 65% of their assets to equity securities and the balance 35% to debt securities. This helps measure the funds' performance with that of the broader market index.

 

SBI Mutual Fund carefully assesses the fundamentals of the business, quality of management and market leadership to invest in companies without any sectoral or market cap bias. The Fund maintains a strong focus on sectors like Financials, FMCG, Retail, Textile, Consumer Goods, etc. 

Currently, the fund's portfolio comprises 16.1% small-cap stocks, 2.81% large-cap stocks, and 2.57% mid-cap stocks.

With an AUM of ₹123.0 crores, SBI Magnum Children's Benefit Fund Direct Growth generated a return of 14.6% in 1 year, 12.6% in 3 years, 15.5% in 5 years. while its benchmark index (Hybrid Equity Index) generated 0.0% in 1 year, 0.0% in 3 years, and 0.0% in 5 years.

SBI Magnum Children's Benefit Fund Direct Growth Overview

Expense ratio0.85%
Benchmark
Nifty 50 Hybrid Composite Debt 15:85
AUM₹123 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
3.0%
Lock In5 Years
TurnOver
94.07%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Moderately High risk

Trailing Returns

as on (17-Apr-25)

Period
SBI Magnum Children's Benefit Fund Direct Growth
Hybrid Equity Index
1M
3.5%
-
3M
2%
-
6M
0.9%
-
1Y
14.6%
-
3Y
12.6%
-
5Y
15.5%
-

Fund Distribution

as on (31-Mar-25)

  • Equity 21.5%

  • Debt & Cash 78.5%

Small cap
16.1%

Large cap
2.8%

Mid cap
2.6%

Sector Allocation

Mar'25

Feb'25

Jan'25

Consumer Cyclical
53.3%
Industrial
16.1%
Basic Materials
9.8%
Financial Services
6.3%
Tech
5.6%
Consumer Defensive
5.1%
Utilities
3.6%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 122.5 Cr
₹ 119.3 Cr
₹ 121.2 Cr
  • AUM of the fund stands at 122.5 Cr as of Mar'25
  • AUM increased by 3.2 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Power Grid Corporation Of India Limited's allocation increased from 0.08% to 0.57%
Power Grid Corporation Of India Limited's allocation increased from 0.08% to 0.57%
Top Stocks sold last month
Muthoot Finance Limited's allocation decreased from 5.26 % to 2.46 %
Muthoot Finance Limited's allocation decreased from 5.26 % to 2.46 %
State Bank Of India's allocation decreased from 5.26 % to 2.4 %
State Bank Of India's allocation decreased from 5.26 % to 2.4 %
Power Grid Corporation Of India Limited's allocation decreased from 0.16 % to 0.08 %
Power Grid Corporation Of India Limited's allocation decreased from 0.16 % to 0.08 %

Top 3 Sectors in March were Consumer Cyclical, Government & Corporate

Mar'25
Consumer Cyclical
53%
Government
49%
Corporate
33%
Feb'25
Consumer Cyclical
55%
Government
49%
Corporate
28%
  • Equity

  • Debt & Cash

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
SBI Magnum Children's Benefit Fund Direct Growth
SBI Magnum Children's Benefit Fund Direct Growth
14.56%
12.57%
15.46%
12.58%
Axis Children's Direct Lock in Growth
Axis Children's Direct Lock in Growth
12.83%
8.43%
16.85%
11.7%
ICICI Prudential Child Care Fund (Gift Plan) Direct Plan
ICICI Prudential Child Care Fund (Gift Plan) Direct Plan
8.23%
16.71%
21.16%
14.19%
LIC MF Childrens Fund Direct Plan
LIC MF Childrens Fund Direct Plan
6.14%
10.33%
16.06%
10.29%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
38
36
37
Top 5 Company Concentration
6.7%
6.6%
6.8%
Company having highest exposure
Garware Technical Fibres Ltd (1.6%)
Garware Technical Fibres Ltd (1.4%)
Garware Technical Fibres Ltd (1.5%)
No of Sectors
9
8
8
Top 5 Sectors Concentration
162.2%
160.7%
161.3%
Sector having highest exposure
Consumer Cyclical (53.3%)
Consumer Cyclical (54.8%)
Consumer Cyclical (54.5%)
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Rajeev Radhakrishnan
Rajeev Radhakrishnan
Fund Manager of SBI Magnum Children's Benefit Fund Direct Growth, since 9 June 2008
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Liquid Fund Direct Plan Growth
6.83%
6.42%
SBI Savings Fund Direct Plan Growth
7.22%
6.62%
SBI Equity Hybrid Fund Direct Growth
11.97%
12.72%
R. Srinivasan
R. Srinivasan
Fund Manager of SBI Magnum Children's Benefit Fund Direct Growth, since 13 January 2021
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Small Cap Fund Direct Plan Growth
15.83%
16.94%
SBI Focused Equity Fund Direct Plan Growth
12.83%
13.43%
SBI Equity Hybrid Fund Direct Growth
11.97%
12.72%
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.37L Cr
as on 31-Mar-2025
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

Mutual Fund Insights

Insights icon
In the last 3 years, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 20.11% return, outperforming this fund by 7.54% per annum.
Insights icon
In the last 5 years, HDFC Childrens Fund Direct Plan(Lock-in) has given 22.98% return, outperforming this fund by 7.51% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (children). Its expense ratio is 0.85% which is lower than the category average expense ratio of 1.5%.
Insights icon
In the last 1 year, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 22.23% return, outperforming this fund by 7.67%.
Insights icon
Over the last 1 month, this fund has experienced a 2.7% growth in AUM moving from 119.31 Cr to 122.51 Cr.

SBI Magnum Children's Benefit Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 12.58% since inception which is more than its category average return of 11.36%
Fund Allocations

Fund Allocations

This fund has an allocation of 21.48% in Equity, 65.13% in Debt and 13.39% in Cash related instruments
AUM size ₹123 Cr

AUM size ₹123 Cr

This fund has AUM of ₹123 Cr which is less than its category average of ₹ 1691 Cr
Expense Ratio 0.85%

Expense Ratio 0.85%

This fund has an expense ratio of 0.85% which is less than its category average expense ratio of 1.69%

Frequently Asked Questions for SBI Magnum Children's Benefit Fund Direct Growth

The current NAV of SBI Magnum Children's Benefit Fund Direct Growth is ₹117.44 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
SBI Magnum Children's Benefit Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.48%
3.48%
6 Month Returns
0.91%
0.91%
1 Year Returns
14.56%
14.56%
3 Years Returns
42.63%
12.57%
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0.85% as on March 2025
₹123 Cr as on March 2025
7.38% State Government Of Uttar Pradesh 2036(12.64%), 7.18% Govt Stock 2033(8.46%), 6.79% Govt Stock 2034(8.28%), Sundaram Finance Limited(4.21%), 7.58% LIC Housing Finance Limited (23/03/2035)(4.13%) as on March 2025
Government(38.83%), Corporate(26.3%), Cash Equivalent(13.39%) as on March 2025
AAA
92.46
AA
7.54
Rajeev Radhakrishnan, R. Srinivasan are the fund managers of SBI Magnum Children's Benefit Fund Direct Growth
The Exit load of SBI Magnum Children's Benefit Fund Direct Growth is 3%