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SBI Magnum Children's Benefit Fund-Savings Plan

Growth
115.110.69% (-0.80)
Investment Checklist

Returns

Fund's average annual rolling returns over the last three years is compared against the funds from the same category

Fund has been able to generate better returns compared to other funds in the same category

Expense Ratio

Expense Ratio is the fee paid by investors of Mutual Funds. Fund's expense ratio is compared against the expense ratio of other funds in the same category to check if the fund is charging more or less compared to other funds in the same category

Less expense ratio implies better returns over the long term

Return vs FD Rates

If fund's return is lower than the average fixed deposit rates offered by banks, investors are better off investing the amount in a FD

Fund has been able to generate better price return than bank FD

Red Flags

We check for various red flags on fund's portfolio holdings like - ratings for debt securities, pledging of promoter shares in the company, default probabiity of the company, stocks presense in negative lists published by the exchanges etc. Checkout the Holdings section in the Portfolio tab for full list of securties with red flags

Total holdings with red flags is insignificant

SBI Magnum Children's Benefit Fund-Savings Plan

Growth
OtherSolution Oriented - Children's Fund
Small-size FundAssets Under Mgmt: ₹ 121 Cr
High RiskPrinciple investment will be at high risk
115.110.69% (-0.80)

Price Chart

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Returns
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1M
6M
1Y
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5Y
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SIP
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1M
6M
1Y
3Y
5Y
Max
SIP
Investment Checklist

Returns

Fund's average annual rolling returns over the last three years is compared against the funds from the same category

Fund has been able to generate better returns compared to other funds in the same category

Expense Ratio

Expense Ratio is the fee paid by investors of Mutual Funds. Fund's expense ratio is compared against the expense ratio of other funds in the same category to check if the fund is charging more or less compared to other funds in the same category

Less expense ratio implies better returns over the long term

Return vs FD Rates

If fund's return is lower than the average fixed deposit rates offered by banks, investors are better off investing the amount in a FD

Fund has been able to generate better price return than bank FD

Red Flags

We check for various red flags on fund's portfolio holdings like - ratings for debt securities, pledging of promoter shares in the company, default probabiity of the company, stocks presense in negative lists published by the exchanges etc. Checkout the Holdings section in the Portfolio tab for full list of securties with red flags

Total holdings with red flags is insignificant

OtherSolution Oriented - Children's Fund
Small-size FundAssets Under Mgmt: ₹ 121 Cr
High RiskPrinciple investment will be at high risk

Key Metrics

Expense RatioExpense RatioNo LabelNo LabelNo LabelNo Label
0.84—4.35
No LabelNo LabelNo LabelNo LabelNo LabelNo Label
1.63—2.12

Scheme Info

PlanPlanLock inLock inExit LoadExit Load
Growth0 yrs3.00%
3% on or before 1Y 2% after 1Y but on or before 2Y 1% after 2Y but on or before 3Y Nil after 3Y
SIP Inv.SIP Inv.Min. LumpsumMin. Lumpsum
Allowed₹ 5,000
Initial: ₹ 5,000 Incremental: ₹ 1,000
BenchmarkBenchmark
NIFTY 50 Hybrid Composite Debt 15:85 Index

About Solution Oriented - Children's Fund

Solution Oriented - Children's Funds invest in high-risk stocks since the objective of the fund is to create a corpus for child's education. However, the lock-n-period is relatively higher than other funds as these funds are long term in nature.

Peers & Comparison

Comparing 3 mutual funds from 
OtherSolution Oriented - Children's Fund

Returns

Scheme

Ratios

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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
SBI Magnum Children's Benefit Fund-Savings Plan20.98%12.74%12.87%
ICICI Pru Child Care Fund-Gift Plan36.43%17.64%15.06%
Aditya Birla SL Bal Bhavishya Yojna26.71%13.21%14.37%
Axis Children's Fund-Compulsory Lock in22.99%8.05%12.52%

Price Comparison

Compare SBI Magnum Children's Benefit Fund-Savings Plan with any MF, ETF, stock or index
Compare SBI Magnum Children's Benefit Fund-Savings Plan with any MF, ETF, stock or index
SBI Magnum Children's Benefit Fund-Savings Plan
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Asset Allocation

Actual

Target

Dec 2023

Mar 2024

Jun 2024

Sep 2024

ACTUAL
Cash & EquivalentsEquityCorporate DebtGovernment Securities6.96%21.51%26.35%45.17%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Tickertape Separator

Sector Distribution

+16 morePublic BanksInvestment Banking & BrokerageMiscellaneousSpecialized FinanceG-Sec26.07 %4.08 %4.13 %6.10 %14.45 %45.17 %

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Tickertape Separator

Sector Weightage

Jun 23Sep 23Dec 23Mar 24Jun 24Sep 2445.77%37.45%40.63%44.97%42.77%45.17%
G-Sec as a % of total holdings for last six quarters
Tickertape Separator

Current Holdings

Equity

Debt

Others

  • Constituent
    Holding Weight
    3M Change
  • Hawkins Cookers Ltd
    HAWKINCOOK
    3M change : 0.05 %

    Holdings

    1.51 %

    0.05 %
  • Garware Technical Fibres Ltd
    GARFIBRES
    3M change : -0.02 %

    Holdings

    1.47 %

    -0.02 %
  • Thangamayil Jewellery Ltd
    THANGAMAYL
    3M change : 0.36 %

    Holdings

    1.42 %

    0.36 %

AMC Profile

With 30 years of rich experience in fund management, SBI Funds Management Ltd. (SBIFML) bring forward their expertise by consistently delivering value to their investors. They have a strong and proud lineage that traces back to the State Bank of India (SBI) - India's largest bank. They are a Joint Venture between SBI and AMUNDI (France), one of the world's leading fund management companies., SBI currently holds 63% stake in SBIFMPL. They have been actively managing their investor's assets not only through our investment expertise in domestic mutual funds, but also offshore funds and portfolio management advisory services for institutional investors.

  • No.of Schemes

    106

  • Total AUM

    ₹ 7,74,099.49 Cr.

Fund Manager Profile

Rajeev Radhakrishnan

AUM:  ₹2,68,863.23 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 10yrs

R. Srinivasan

AUM:  ₹1,98,817.59 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 19yrs

Manager Performance (0)

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Tax Implications

Invested period < 2 years

Gains are added to taxable income and taxed according to the individual’s income tax slab

Invested period > 2 years(Investments before 1st April 2023)

Gains are treated as long-term capital gains and taxed at 12.5%

Invested period > 2 years(Investments from 1st April 2023 redeemed till 31st March 2025)

Gains are added to taxable income and taxed according to the individual’s income tax slab

Invested period > 2 years(Investments from 1st April 2023 redeemed after 31st March 2025)

Gains are treated as long-term capital gains and taxed at 12.5%

Let’s calculate your returns after tax

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