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SBI Magnum Children's Benefit Fund - Savings Plan

Fund Manager
  • Mr. Rajeev Radhakrishnan

    Managing this fund since Jun 2008.

    Total experience 17 years .

    • Category
      SOLUTION ORIENTED SCHEMES
    • AUM ():
      82.11 Cr as on 31 Aug 2021
    • Risk
      MODERATELY HIGH
      riskometer
      • Regular income and capital appreciation
      • Investment primarily in debt and money market instruments and secondarily in actively managed equity and equity related instruments
    • Benchmark
      NIFTY 50 Hybrid Composite Debt 15:85 Index
    • Exit Load
      Read more
    • Type of Scheme
      Read more
    • Launch Date
      February 21, 2002
    Returns

    as onSeptember 30, 2021

    10.71%

    * for Regular Growth

    Min Lumpsum ()

    5000 & in multiples of 1

    Min Additional Lumpsum ()

    1000 & in multiples of 1

    Investment Objective

    To provide the investors an opportunity to earn regular income predominantly through investment in debt and money market instruments and capital appreciation through an actively managed equity portfolio.

    Investment Strategy

    The proportion of the scheme portfolio invested in each type of security will vary in accordance with economic conditions, interest rates, liquidity and other relevant considerations, including the risks associated with each investment. The scheme intends to invest upto 25% of the corpus in equity and equity related instruments.

    Compounded Annualized Growth Rate Performance

    Last 1 Year Last 3 Year Last 5 Year Since Inception(21/02/2002)
    SBI Magnum Childrens Benefit Fund - Savings Plan26.32%10.71%11.08%10.71%
    Scheme Benchmark: - NIFTY 50 Hybrid Composite Debt 15:85 Index
    13.31%12.07%9.41%9.37%
    Additional Benchmark: - S&P BSE Sensex TRI
    56.96%19.03%17.6%17.13%

    Current Value of Standard Investment of Rs 10,000

    Last 1 Year Last 3 Year Last 5 Year Since Inception(21/02/2002)
    SBI Magnum Childrens Benefit Fund - Savings Plan 12632 13579.36 16919.24 73600.7
    Scheme Benchmark: - NIFTY 50 Hybrid Composite Debt 15:85 Index
    11331 14079.8 15682.21 57925.7
    Additional Benchmark: - S&P BSE Sensex TRI
    15696 16888.19 22497.84 222580
    Notes:
    • Different plans shall have different expense structure. In case of return calculated the dividend option, it is assumed that dividend declared under the schemes have been reinvested at the prevailing NAV
    • Past performance may or may not be sustained in future and same may not necessarily provide the basis for comparison with other investment
    • Load is not considered for computation of returns
    • Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement. In case, the start/end date of the concerned period is a non-business day, the NAV of the previous date is considered for computation of returns
    • The data of the last working day has been considered for the calculation of performance
    • Wherever TRI data since inception for benchmarks is not available, benchmark performance is calculated using composite of CAGR and TRI values of the benchmark
    • The performance of the schemes is benchmarked to the Total Return variant of the Index
    • To view other open ended funds managed by the fund manager go to the Fund Manager section
    as on
    Quantitative Data As on 30-Sep-2021
    Expense Ratio**: 0.00
    Modified Duration: 4.07
    Average Maturity: 0.00 years
    Yield To Maturity: 3.50

    **Expense ratio exclusive of Service Tax on Management Fees

    Portfolio Holdings

    As on  30/09/2021
    Stock Name (%) Of Total AUM
    GOVERNMENT OF INDIA 48.49
    STATE BANK OF INDIA 6.53
    INDINFRAVIT TRUST 4.21
    INDIAN BANK 2.87
    TATA POWER COMPANY LIMITED 2.64
    PUNJAB NATIONAL BANK 2.53
    MUTHOOT FINANCE LIMITED 2.50
    FINOLEX INDUSTRIES 2.25
    G R INFRAPROJECTS LIMITED 1.56
    CHEMPLAST SANMAR LIMITED 1.36

    Sectoral Breakdown (in %)

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