SBI Magnum Childrens Benefit Fund - Savings Plan - Direct Plan - Growth

Scheme Objective

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.

Scheme Details

• Fund manager(s) – Rajeev Radhakrishnan
• Launch date – 07-Jan-2013
• Expense ratio – 0.85% as declared on 31-Oct-2025 (category average is 1.14%)
• Benchmark - NIFTY 50 Hybrid Composite Debt 15:85 Index

• Min SIP amount - ₹
• Min investment amount (one time- first time) - ₹
• Min investment amount (addtional purchase) - ₹
• Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

SBI Magnum Childrens Benefit Fund - Savings Plan - Direct Plan - Growth charges 1.0% of sell value; if fund sold before 1095 days. There are no other charges., 2.0% if fund sold before 730 days. There are no other charges., 3.0% if fund sold before 365 days. There are no other charges.

Tax Rate

Please check with your Tax Advisor.

Contact Details