SBI Magnum Children?s Benefit Fund - Growth

( NAV change from the previous, NAV as on )

Launch Date

2002-02-21 05:30:00.0

AUM

NA
(as on date NA)

Benchmark

NIFTY 50 Hybrid Composite Debt 15:85 Index

Fund Manager

Mr. Rajeev Radhakrishnan

Risk: Moderately High

SBI Magnum Children's Benefit Fund Overview

SBI Magnum Children's Benefit Fund is a solution oriented open ended scheme managed by Mr. Rajeev Radhakrishnan. The risk of SBI Magnum Children's Benefit Fund is moderately is high. SBI Magnum Children's Benefit Fund was launched on 21st February 2002 with the benchmark of NIFTY 50 Hybrid Composite Debt 15:85 Index. You can invest in SBI Magnum Children's Benefit Fund Growth for high returns. SBI Magnum Children's Benefit Fund Expense Ratio is also low. SBI Magnum Children's Benefit Fund Performance is very attractive over the years you also can check the SBI Magnum Children's Benefit Fund NAV to know more. The exit load of SBI Magnum Children's Benefit Fund will be zero if you redeem after 1095 days. You can invest through SBI Magnum Children's Benefit Fund SIP or SBI Magnum Children's Benefit Fund Lump Sum ways, the minimum SBI Magnum Children's Benefit Fund SIP amount is only Rs.500. SBI Magnum Children's Benefit Fund portfolio is also well diversified.

Eligibility Criteria to invest in SBI Magnum Children's Benefit Fund

  • Individual should be an Indian Citizen
  • Minor through parent/lawful guardian
  • Foreign Institutional Investors
  • Financial Institutions and Investment Institutions
  • Non-resident Indians/Persons of Indian origin residing abroad
  • Association of Persons
  • Partner(s) of Partnership Firms.
  • Societies
  • Karta of Hindu Undivided Family
  • Companies
  • Trusts

Documents Require to invest in SBI Magnum Children's Benefit Fund

Along with the KYC application of the applicant, following are the essential documents for investing in SBI Magnum Children's Benefit Fund -

  • PAN Card
  • ID Proof- AADHAR Card, Voter ID Card.
  • Residential Proof
  • Passport size Photographs
  • Duly filled application form
  • KYC Acknowledgement
  • Declaration of 3rd party (for minors)

SBI Magnum Children's Benefit Fund advantages

  • SBI Magnum Children's Benefit Fund Portfolio is well diversified SBI Magnum Children's Benefit Fund has 22.27% investment in Indian stocks of which 7.97% is in large cap stocks, 4.93% is in mid cap stocks, 9.37% is in small cap stocks also it has 66.59% investment in debt of which 8.27% is in government securities and 50.79% is in low risk securities.
  • You can check the SBI Magnum Children's Benefit Fund NAV to know more about the SBI Magnum Children's Benefit Fund performance which is very good over the years.
  • You can easily opt for invest in SBI Magnum Children's Benefit Fund and get the amazing return; you also can maintain track records.
  • The minimum SBI Magnum Children's Benefit Fund SIP amount is Rs. 500.
  • SBI Magnum Children's Benefit Fund expense ratio is also low.
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