Can I invest in SIP and Lumpsum in SBI Magnum Children's Benefit Fund - IP - Dir (G) Direct Growth?

Yes, you can invest both lumpsum and SIP in SBI Magnum Children's Benefit Fund - IP - Dir (G). Minimum lumpsum investment SBI Magnum Children's Benefit Fund - IP - Dir (G) is ₹5,000 and minimum SIP amount is ₹500 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of SBI Magnum Children's Benefit Fund - IP - Dir (G) Direct Growth?

The latest NAV (Net Asset Value) of SBI Magnum Children's Benefit Fund - IP - Dir (G) is SBI Magnum Children's Benefit Fund - IP - Dir (G) is ₹45.90 as on 2025-01-01.

Which are the biggest stock holdings of SBI Magnum Children's Benefit Fund - IP - Dir (G)?

The 5 biggest stock holdings of SBI Magnum Children's Benefit Fund - IP - Dir (G) are: Hatsun Agro (5.19%), Muthoot Finance (4.98%), Brainbees Solut. (4.56%), K P R Mill Ltd (4.30%), Shakti Pumps (3.95%)

What are the top sectors SBI Magnum Children's Benefit Fund - IP - Dir (G) invests in?

A majority of SBI Magnum Children's Benefit Fund - IP - Dir (G) 's AUM worth ₹2,961.88 (Cr) is invested in these 3 top sectors: Debt : 13.83% Finance : 10.56% Food Products : 9.30%

Mutual Funds
SBI Magnum Children's Benefit Fund - IP - Dir (G)

SBI Magnum Children's Benefit Fund - IP - Dir (G)

Childrens Fund

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NAV
45.90(1.06%)
Fund Size (CR)
₹2,961.88
Expense Ratio
0.8
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹500
Minimum Withdrawal
₹500
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
3%
Return Since Launch
42.50%

Absolute Return: 2.81%

Annualized Return: 0%

Basic Details

Scheme Manager

R Srinivasan

Bench Mark

CRISIL Hybrid 35+65 - Aggressive Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	23 December 2024	10026.55	0.27%	-	-0.01%	6/37
1 Month	30 November 2024	10528.71	5.29%	-	-0.27%	1/37
3 Month	30 September 2024	10082.66	0.83%	-	-4.47%	1/37
6 Month	30 June 2024	11181.13	11.81%	-	2.94%	1/37
1 Year	29 December 2023	13930.26	39.30%	39.30%	16.65%	1/37
3 Year	30 December 2021	19604.72	96.05%	25.16%	11.77%	1/34
5 Year	-	-	0%	-	14.57%	-/-
Since Inception	29 September 2020	45133.20	351.33%	42.50%	14.57%	1/37

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 January 2024	1,30,000	154869.11	19.13%	19.13%
3 Year	3 January 2022	3,70,000	588682.56	59.10%	16.74%
5 Year	7 October 2020	5,20,000	1046753.23	101.30%	15.02%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.66%

Standard Deviation

0.78%

Beta

1.16%

Sharpe Ratio

0.22%

Treynor's Ratio

10.60%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Hatsun Agro	5.19%	1430000	153.80	Equity	FMCG
Muthoot Finance	4.98%	770000	147.61	Equity	Finance
Brainbees Solut.	4.56%	2234120	135.02	Equity	Retail
K P R Mill Ltd	4.30%	1300000	127.24	Equity	Readymade Garments/ Apparells
Shakti Pumps	3.95%	1500000	117.05	Equity	Capital Goods-Non Electrical Equipment
Dodla Dairy	3.73%	900000	110.60	Equity	FMCG
Adani Ports	3.62%	900000	107.10	Equity	Marine Port & Services
Aether Industri.	3.61%	1300000	106.94	Equity	Chemicals
Le Travenues	3.38%	7000000	100.25	Equity	E-Commerce/App based Aggregator
Pakka	3.13%	3345454	92.83	Equity	Paper

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
SBI Magnum Children's Benefit Fund - IP - Dir (G)	2961.88	5.29%	0.83%	11.81%	39.30%	25.16%
SBI Magnum Children's Benefit Fund - IP - Dir (G)	2961.88	5.29%	0.83%	11.81%	39.30%	25.16%
Union Children's Fund - Direct (G)	60.96	0.08%	-4.37%	4.43%	21.39%	-
Union Children's Fund - Direct (IDCW)	60.96	0.08%	-4.37%	4.43%	21.39%	-
LIC MF Children's Fund - Direct	16.61	0.97%	-1.93%	4.51%	18.88%	13.59%
ICICI Pru Child Care Fund-Gift Plan - Direct	1319.77	-1.14%	-6.22%	-0.45%	17.74%	16.72%

News

SBI Mutual Fund announces change in Exit Load Structure

SBI Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 19 December 2024

Change in Exit Load:

Name of the Scheme	Existing Exit Load Structure	Revised Exit Load Structure
SBI Long Duration Fund	For exit on or before 90 days from the date of allotment-0.25% For exit after 90 days from the date of allotment - NIL	NIL

Powered by Capital Market - Live News

SBI Mutual Fund launches quant fund
SBI Mutual Fund (MF) has introduced the SBI Quant Fund, a new equity investment scheme that employs a rule-based, multi-factor approach to portfolio management. The fund leverages momentum, value, quality, and growth factors to build a diversified investment strategy, guided by the fund house's proprietary quantitative model.
This open-ended equity scheme, benchmarked against the BSE 200 Total Return Index (TRI), is open for subscription until December 18, 2024. Post this period, it will reopen for continuous sale and redemption within five business days after the allotment date.
The SBI Quant Fund requires a minimum initial investment of Rs 5,000, with additional investments allowed in multiples of Re 1. For subsequent purchases, the minimum amount is set at Rs 1,000, also in multiples of Re 1. Investors can redeem or switch out units with a minimum value of Rs 500, or one unit, whichever is lower.
An exit load of 0.5% applies if units are redeemed within six months of allotment, while no charge applies after six months. The fund house emphasized the advantages of a multi-factor strategy over single-factor funds, highlighting its ability to provide diversification, reduce downside risks, and deliver higher risk-adjusted returns.
The scheme's investment allocation includes 80-100% in equity and equity-related instruments selected through its quantitative model. It may also invest up to 20% in other equity instruments, debt securities, or money market instruments, and up to 10% in units issued by REITs and InvITs.
The SBI Quant Fund employs a dynamic allocation model that adjusts weights across the four factors'momentum, value, quality, and growth'based on their relative performance. Overperforming factors receive higher weightage, capped at 35%, while underperforming factors trigger rebalancing if their weight falls below -8%.
The fund's strategy incorporates four key factors: Momentum, which focuses on short- and long-term price performance; Value, identified through low valuation metrics; Quality, characterized by stocks with high return on equity (ROE), consistent earnings growth, and low leverage; and Growth, targeting companies with robust earnings growth and upgrades.
The fund's algorithm aims to reduce volatility, smooth out cyclical returns, and mitigate behavioural biases through its systematic approach.
SBI MF described the fund as an ideal choice for investors seeking exposure to India's growth story through a disciplined, data-driven investment framework. Multi-factor investing combines various factors to smooth out the cyclicality of returns and minimize biases. This fund aims to integrate established equity factors for optimal risk-adjusted returns, making it a compelling choice for long-term investors.
Powered by Capital Market - Live News

SBI Mutual Fund announces change in Key Personnel
SBI Mutual Fund has announced that Mr. Nand Kishore has been appointed as a Managing Director & CEO on the Board of SBI Management Company Ltd. effective November 23, 2024.
Details of Mr. Nand Kishore
Age: 58 years
Designation: (Managing Director & CEO)
Qualification: B.A, CAIIB
Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

8 September 2020

Total AUM (Cr)

₹2961.88

SBI Magnum Children's Benefit Fund - IP - Dir (G) is an Childrens Fund-oriented fund from the renowned AMC, SBI Mutual Fund. Launched in 8 September 2020, this fund is managed by R Srinivasan. With assets under management (AUM) worth ₹2,961.88 (Cr), as of 1 January 2025, SBI Magnum Children's Benefit Fund - IP - Dir (G) is categorized as a Childrens Fund within its segment. The fund has generated a return of 42.50% since its launch.
The current NAV of SBI Magnum Children's Benefit Fund - IP - Dir (G) is ₹45.9, as on 1 January 2025. The fund's benchmark index is CRISIL Hybrid 35+65 - Aggressive Index. You can invest in SBI Magnum Children's Benefit Fund - IP - Dir (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
3% for redemption/switch out on or nbefor 1 year from the date of allotment. 2% for redemption/switch out after 1 year and up to 2 years from the date of allotment. 1% for redemption/switch out after 2 years and up to 3 years from the date of allotment. Nil for redemption or switch-out after 3 years from the date of allotment. The fund has generated 25.16% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 80.64% in Equity, 15.09% in Debt and 4.27% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 13.83% in Debt, 10.56% in Finance, 9.30% in Food Products, 7.97% in Banks, 7.80% in Consumer Durables

FAQs

How to Invest in SBI Magnum Children's Benefit Fund - IP - Dir (G) Direct Growth?

SBI Magnum Children's Benefit Fund - IP - Dir (G) is a popular fund in the Childrens Fund segment. The fund has generated a return of 42.50% since inception. Looking to invest in SBI Magnum Children's Benefit Fund - IP - Dir (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in SBI Magnum Children's Benefit Fund - IP - Dir (G) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, SBI Magnum Children's Benefit Fund - IP - Dir (G)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in SBI Magnum Children's Benefit Fund - IP - Dir (G) today and reap the benefits of this Childrens Fund fund!

How much returns has SBI Magnum Children's Benefit Fund - IP - Dir (G) Direct Growth generated?

In the short term, i.e., 1 year, SBI Magnum Children's Benefit Fund - IP - Dir (G) has generated annualised return of 39.30%. In the long-term, the fund has generated 25.16% and - in 3 and 5 years respectively. Since its inception, the fund has generated 42.50% returns.

What is the expense ratio of SBI Magnum Children's Benefit Fund - IP - Dir (G) Direct Growth?

The expense ratio of SBI Magnum Children's Benefit Fund - IP - Dir (G) Direct Growth is 0.80%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of SBI Magnum Children's Benefit Fund - IP - Dir (G) Fund Direct Growth?

The Assets Under Management (AUM) of SBI Magnum Children's Benefit Fund - IP - Dir (G) is ₹2,961.88 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from SBI Magnum Children's Benefit Fund - IP - Dir (G) Direct Growth?

Redeeming or selling units of SBI Magnum Children's Benefit Fund - IP - Dir (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from SBI Magnum Children's Benefit Fund - IP - Dir (G):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case SBI Magnum Children's Benefit Fund - IP - Dir (G)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).