SBI Magnum Children’s Benefit Fund is a solution-oriented open ended scheme which is aimed to benefit the needs of your children. SBI Magnum Children’s Benefit Fund primarily invests in money market and debt related securities. It also invests a little portion of the portfolio in equity market to get a good return.
SBI Magnum Children’s Benefit Fund provides long term capital appreciation by investing in hybrid funds. Investing in SBI Magnum Children’s Benefit Fund helps you to fulfill al the dreams of your children. The debt exposure of SBI Magnum Children’s Benefit Fund is more than 50%, so this fund is debt oriented hybrid fund.
Investment Facts regarding SBI Magnum Children’s Benefit Fund
- SBI Magnum Children’s Benefit Fund under SBI fund house focuses on the interest rates, economic conditions and also risk appetite of the investors before investing.
- SBI Magnum Children’s Benefit Mutual Fund invests 54.18% in debt securities, out of which 34.78% in low risk instruments and 8.01% in government securities.
- Based on SBI Magnum Children’s Benefit Fund review, To maintain a diversified portfolio, this fund invests 22.5% in equity market, out of which 9.68% in large-cap stocks, 9.32% in small cap stocks and 3.5% in mid cap stocks.
- SBI Magnum Children’s Benefit Fund regular growth option is meant for long term investment goal. You can use the returns earned from this fund to make a better future of your children.
- With the help of SBI Magnum Children’s Benefit Fund review, it’s very clear that this fund offers attractive returns with a moderately high risk factor.
- If you opt for SBI Magnum Children’s Benefit Fund regular growth option, you will earn a good amount of return when you redeem the fund units and use it to fulfill your child’s education or healthcare needs or any other specific needs.
Top 5 Sectors of SBI Children’s Benefit Fund
|
S.No. |
Holding Name |
Net Assets (in %) |
|
1 |
Miscellaneous |
46.17 |
|
2 |
Miscellaneous |
23.29 |
|
3 |
Miscellaneous |
8.01 |
|
4 |
Bank – Public |
2.47 |
|
5 |
Bank – Private |
2.32 |
(as on 28/03/2019)
Top 10 Holdings of SBI Children’s Benefit Fund
|
S.No. |
Holding Name |
Net Assets (in %) |
|
1 |
TREPS |
20.55 |
|
2 |
8.17% State Government of Gujarat 2028 |
8.01 |
|
3 |
REC Ltd. |
7.98 |
|
4 |
ICICI Bank Ltd. |
7.88 |
|
5 |
Syndicate Bank |
6.52 |
|
6 |
Muthoot Finance Ltd. |
5.16 |
|
7 |
Greenko Energies Pvt. Ltd. |
4.87 |
|
8 |
Indostar Capital Finance Ltd. |
4.86 |
|
9 |
Reliance Home Finance Ltd. |
4.79 |
|
10 |
Hindalco Industries Ltd. |
4.11 |
(as on 28/03/2019)
Details of SBI Children’s Benefit Fund
Launch Date- February 21, 2002
Fund Manager- Mr. Rajeev Radhakrishnan
Risk- Moderately High
Benchmark- NIFTY 50 Hybrid Composite Debt 15:85 Index
Return Since Launch- 10.65%
AUM- Rs. 61.63 crore (as on 28th Feb, 2019)
|
|
1-Year |
3-Year |
5-Year |
10-Year |
|
Fund |
4.30 |
13.99 |
15.02 |
12.22 |
|
VR MIP TRI |
9.75 |
9.74 |
9.36 |
9.08 |
|
Category |
4.87 |
8.44 |
9.41 |
9.63 |
|
Rank within Category |
27 |
1 |
1 |
3 |
|
Number of funds in category |
37 |
37 |
31 |
23 |
|
As on Mar 28, 2019 |
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