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SBI Magnum Childrens Benefit Fund - Savings Plan - REGULAR PLAN - GROWTH

Fund House: SBI Mutual Fund
Invest in this Scheme
Category: Childrens Fund
Launch Date: 25-01-2002
Asset Class: Mixed Asset
Benchmark: NIFTY 50 Hybrid Composite Debt 15:85
Expense Ratio: 1.21% As on (31-08-2022)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 88.09 Cr As on (31-08-2022)
Turn over: - | Exit Load: 3% for redemption within 365 days
NAV as on 03-10-2022

77.4701

-0.05 (-0.0608%)

CAGR Since Inception

10.4%

S&P BSE India Bond Index 8.76%

PERFORMANCE

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

Start :  
Period:  

RETURNS ANALYSIS

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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
7 Years 9 Months
14 Years 3 Months
15 Years 5 Months
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 aims to provide attractive returns by means of capital appreciation through an actively managed portfolio of debt, equity and money market instruments.

Current Asset Allocation (%)

Indicators

Volatility 5.8
Sharp Ratio 1.03
Alpha 3.55
Beta 0.81
Yield to Maturity 6.49
Average Maturity 1.65

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 - Savings Plan - REGULAR PLAN - GROWTH 25-01-2002 4.82 14.8 11.84 8.56 11.37
SBI Magnum Childrens Benefit Fund - Investment Plan - Regular Plan - Growth 29-09-2020 8.92 - - - -
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

11.67%

Others

79.14%

Large Cap

4.28%

Mid Cap

4.91%

Scheme Documents

Fund Fact Sheet - July 2022

All Schemes Monthly Portfolio - as on 31 August 2022

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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