SBI Magnum Children's Benefit Fund- Investment Plan Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.84
• Std Deviation 14.01%
• Tracking Error 0.00%

The investment objective of the scheme is 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. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

The SBI Magnum Children's Benefit Fund- Investment Plan Regular Growth has an AUM of 3014.82 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 3.00% and an expense ratio of 1.92%. The minimum investment in SBI Magnum Children's Benefit Fund- Investment Plan Regular Growth is Rs 5000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Treps, Hatsun Agro Product, Muthoot Finance & ReNew Energy Global PLC Ordinary Shares - Class A.

The major sectors where the fund is invested are Food Processing, Regional Banks, Consumer Financial Services & Retail (Specialty).

Some of the similar funds are ICICI Prudential Child Care Fund (Gift Plan), SBI Magnum Children's Benefit Fund- Investment Plan Regular Growth, UTI Children's Equity Fund - Scholarship Plan, UTI Children's Hybrid Fund - Regular Plan, UTI Children's Hybrid Fund - Scholarship Plan. SBI Magnum Children's Benefit Fund- Investment Plan Regular Growth has a sharpe ratio of 0.84 & a standard deviation of 14.01%.