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SBI Magnum Childrens Benefit Fund - Investment Information
- Solution Oriented
- Childrens Funds
- Very High
-
₹42.77
(-0.52%)
Current NAV 17-12-2024
-
39.59%
Returns
-
Min. SIP ₹500
Min. Investment ₹5000
Fund Suitability Test
Investment Objective
The investment objective of the scheme is to generate long term capital appreciation by investing predominantlyinequityandequityrelatedsecuritiesof companies across sectors and market capitalizations. The scheme will also invest in debt and money market instruments with an endeavour to generate income.
Basic Details
Key Information About Investing Details.
- CategoryChildrens Funds
- KRACAMS
- Inv. PlanGrowth
- Launched In29-Sep-20
- BenchmarkBSE India Bond Index
- Fund TypeOpen Ended
- Fund HouseSBI Mutual Fund
Investment Details
Check the Fund’s General Information
- Fund size2824.86 Cr.
- Min. Investment₹5000
- Min. Sip Inv.₹500
- Min. Addl Inv.₹1000
- Expense Ratio1.93%
- Turn over84%
- Exit LoadSBI Magnum Childrens Benefit Fund - Investment Plan - Regular Plan - Growth charges 3.0% of sell value; if fund sold before 365 days. There are no other charges., 2.0% if fund sold before 730 days. There are no other charges., 1.0% if fund sold before 1095 days. There are no other charges.
Fund Managers
Details of Managers and their Experience
Fund Manage : 43
Total AUM. : ₹434,274 Cr.
Fund Manage : 8
Total AUM. : ₹158,765 Cr.
Fund Manage : 17
Total AUM. : ₹314,748 Cr.
AMC Office Information
Registered Office of Mutual Fund Company
- AMCSBI Mutual Fund
- Emailpartnerforlife@sbimf.com
- Office No 022-61793000
- Websitehttps://www.sbimf.com
- Address9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
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Chat with usFrequently Asked Questions
What is a mutual fund?
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.
What are the benefits of investing in funds?
Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.
Do mutual funds generate income?
Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.
How many types of mutual funds are there?
There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds
Who gets your money in mutual funds?
The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.