November 7, 2022
mayank
SBI Magnum Children’s Benefit Fund – Investment Plan
NAV Growth: Rs 24.6945
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across sectors and market capitalizations. The scheme will also invest in debt and money market instruments with an endeavour to generate income.
Fund Manager:
1) R. Srinivasan
Education: Mr. Srinivasan is M.Com and MFM.
Experience: Prior to joining SBI Mutual Fund he has worked with Principal AMC, Oppenheimer & Co, Indosuez WI Carr and Motilal Oswal.
2) Dinesh Ahuja
Education: Mr. Ahuja is a B.Com (H) and MMS (Finance).
Experience: Prior to joining SBI AMC he has worked with L&T Investment management Ltd., Reliance Asset Management Ltd and Reliance General insurance Company Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | 5 Years |
| Exit Load | 3% for redemption within 364 days |
| 2% for redemption between 365 – 729 days | |
| 1% for redemption between 730 – 1095 days |
Basic Details
| Fund House | SBI Mutual Fund |
| Launch Date | 29-Sep-20 |
| Return Since Launch | 53.84% |
| Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 604 Cr |
| (As on 30-Sep-2022) | |
| Expense Ratio | 1.16% |
| (As on 30-Sep-2022) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
SBI Magnum Children’s Benefit Fund – Investment Plan Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Magnum Children’s Benefit Inv Dir | 6.46 | -0.16 | 1.03 | 3.31 | 5.91 | 6.73 | — | — | — | — |
| VR Balanced TRI | 5.28 | 0.31 | 4.43 | 4.12 | 8.81 | 2.94 | — | — | — | — |
| Hybrid: Aggressive Hybrid | 3.01 | 0.01 | 2.5 | 3.8 | 7.89 | 2.12 | — | — | — | — |
| Rank within category | 10 | 38 | 45 | 32 | 39 | 5 | — | — | — | — |
| Number of funds in category | 47 | 48 | 48 | 47 | 47 | 47 | 43 | 31 | 25 | 0 |
SBI Magnum Children’s Benefit Fund – Investment Plan Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| SBI Magnum Children’s Benefit Inv Dir | Unrated | 6.73 | — | — | 1.16 | 604 | 53.84 | 3.00 (364) | 2yrs 1mo | — |
| SBI Eqt Hybrid Dir | 4 star | 2.71 | 14.39 | 11.42 | 0.81 | 55,325 | 15.08 | 1.00 (365) | 9yrs 10mo | 24.00 |
| ICICI Pru Eqt & Debt Dir | 5 star | 9.84 | 21.13 | 14.10 | 1.21 | 20,099 | 16.90 | 1.00 (365) | 9yrs 10mo | 42.00 |
| Canara Robeco Eqt Hybrid Dir | 4 star | 2.23 | 16.29 | 12.85 | 0.58 | 8,179 | 14.60 | 1.00 (365) | 9yrs 10mo | 30.00 |
| Mirae Asset Hybrid Eqt Dir | 4 star | 1.27 | 15.11 | 12.07 | 0.37 | 6,933 | 13.59 | 1.00 (365) | 7yrs 3mo | 62.00 |
Portfolio Analysis
| No. of Stocks | 23 |
| Top 10 Holdings (*) | –% |
| Top 5 Stocks (*) | –% |
| Top 3 Sectors (*) | –% |
| Portfolio P/B Ratio (*) | 4.10 |
| Portfolio P/E Ratio | 24.22 |
| Avg Credit Rating | GOI/Cash |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 45,287 | 1,52,534 |
| Giant (%) | 39.66 | 56.55 |
| Large (%) | 1.80 | 15.77 |
| Mid (%) | 19.13 | 21.81 |
| Small (%) | 39.41 | 7.35 |
| Tiny (%) | — | 0.18 |
| Fund | Category | |
| Number of Securities | 25 | 57 |
| Modified Duration (yrs) | 3.86 | 2.16 |
| Average Maturity (yrs) | 4.80 | 3.32 |
| Yield to Maturity (%) | 7.49 | 7.08 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For SBI Magnum Children’s Benefit Fund – Investment Plan
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.sbimf.com/en-us/quick-invest?action=panverification&SubBrokerCode=&EUIN=E455804&arn_code=ARN-245610&subbrokerARN=&utm_source=EasyLink
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