SBI Magnum Children's Benefit Fund - Savings Plan - DIRECT PLAN - GROWTH
As on 17 Sept 2024
SBI Magnum Children's Benefit Fund - Savings Plan - DIRECT PLAN - GROWTH
Solution OrientedNAV
₹ 115.25
CAGR (3 Years)
13.43%
AUM (Cr)
₹ 120.08
Risk
Moderately High Risk
About SBI Magnum Children's Benefit Fund - Savings Plan - DIRECT PLAN - GROWTH
To provide the investors an opportunity to earn regular income predominantly through investment in debt and money market instruments and capital appreciation through an actively managed equity portfolio.
Breakdown of this Fund
Capital Goods-Non Electrical Equipment
6.05%
Chemicals
5.01%
Consumer Durables
20.27%
Debt Others
88.97%
Diamond, Gems and Jewellery
5.44%
Entertainment
9.11%
Finance
5.97%
FMCG
10.65%
Govt. Securities
173.48%
Healthcare
2.70%
Hotels & Restaurants
0.87%
Insurance
5.38%
Leather
3.86%
Miscellaneous
2.68%
Pharmaceuticals
2.81%
Power Generation & Distribution
1.93%
Printing & Stationery
7.51%
Readymade Garments/ Apparells
5.15%
Retail
4.63%
Sugar
6.44%
Textiles
13.99%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
1.4
Exit Load
within 1yr:3% within 2yrs:2% within 3yrs:1%
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.