SBI Magnum Childrens Benefit Fund - Investment Plan - Regular Plan - Growth

Fund House: SBI Mutual Fund
Category: Childrens Fund
Launch Date: 29-09-2020
Asset Class: Mixed Asset
Benchmark: CRISIL Hybrid 35+65 Aggressive TRI
Expense Ratio: 2.36% As on (31-08-2022)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 580.64 Cr As on (31-08-2022)
Turn over: - | Exit Load: 3% for redemption within 364 days

23.4739

52.79%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE India Bond Index
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 10 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

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.

Current Asset Allocation (%)

Indicators

Volatility
Sharp Ratio
Alpha
Beta
Yield to Maturity 7.09
Average Maturity 7.56

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
SBI Magnum Childrens Benefit Fund - Investment Plan - Regular Plan - Growth 29-09-2020 8.92 - - - -
SBI Magnum Childrens Benefit Fund - Savings Plan - REGULAR PLAN - GROWTH 25-01-2002 4.82 14.8 11.84 8.56 11.37
HDFC Childrens Gift Fund - Growth Plan 05-03-2001 2.93 22.12 16.54 11.81 14.52
ICICI Prudential Child Care Fund (Gift Plan) - Cumulative 20-08-2001 2.03 19.19 13.34 9.24 12.17
Tata Young Citizen -Regular Plan-Growth 14-10-1995 -2.77 23.72 17.05 9.13 10.75
UTI CCF Investment Plan - Regular Plan - Growth Option 17-02-2004 -3.37 24.8 17.97 10.4 13.07
LIC MF Childrens Gift Fund-Regular Plan-Growth 16-10-2001 -4.07 14.08 9.56 6.3 8.63
Axis Childrens Gift Fund - Lock in - Growth 05-12-2015 -4.76 16.94 12.18 9.9 -
Axis Childrens Gift Fund - without Lock in - Growth 05-12-2015 -4.76 16.94 12.18 9.9 -
Aditya Birla Sun Life Bal Bhavishya Yojna Regular Growth 05-02-2019 -5.09 11.77 9.67 - -

Scheme Characteristics

Scheme having a lock-in for at least 5 years or till the child attains age of majority whichever is earlier.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

40.68%

Others

31.42%

Large Cap

21.95%

Mid Cap

5.95%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months

Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **

In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

** The DDT is to be paid by the mutual fund

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