|Fund Type||Open Ended|
|Benchmark||CRISIL Hybrid 85+15 Conservative|
|Asset Size(Cr)||61.85 (As on Dec 31, 2018)|
|Fund Manager||Rajeev Radhakrishnan|
|Min SIP Investment||500|
|Min Addl Investment||1000|
|Exit Load||3 % For 365 Days|
- Returns for less than one year are Absolute, and those for more than one year are Annualised (CAGR).
|Sector||Value(In Cr)||Allocation (%)|
|INDUSTRIAL CAPITAL GOODS||16.162||2.8799|
|CONSUMER NON DURABLES||12.226||2.1785|
|Fund Name||Ratings||1 Yr Rtn.||3 Yr Rtn.||5 Yr Rtn.|
|UTI Children's Career Fund-Investment Plan (G)||-3.98%||14.14%||14.55%|
|ICICI Prudential Child Care Plan Gift Plan (G)||-3.19%||11.98%||15.18%|
|Tata Young Citizens Fund (G)||-10.93%||6.26%||9.34%|
|No. of Investment||Amount Invested||Investment Value As on date||Units Purchased||CAGR|
| No. of Investment
|| Amount Invested
|| Investment Value As on date
|| Units Purchased || CAGR
The graph depicts the wealth generated or the historical returns offered by the SIP investments made in the selected time horizon.
|Total Amount Invested||Investment Value As on Date||Total Units Purchased||Abs. Return|
| Total Amount Invested
|| Investment Value As on Date
|| Total Units Purchased || Abs. Return
The graph depicts the wealth generated or the historical returns offered by the lump sum investments made in the selected time horizon.
|Sector||Value(In Cr)||Allocation (%)|
|TELECOM - ...||5.709||1.0173|
|Holdings||Instrument||Industry||Rating||Market Value||% to NAV|
|TataGlobalBeveragesLtd||Equity||CONSUMER NON DURABLES||-||10.336||1.8417|
|ThermaxLtd||Equity||INDUSTRIAL CAPITAL GOODS||-||6.241||1.1121|
|BhartiAirtelLtd||Equity||TELECOM - SERVICES||-||5.709||1.0173|
|BharatHeavyElectricalsLtd||Equity||INDUSTRIAL CAPITAL GOODS||-||5.244||0.9344|
|GETDIndiaLtd||Equity||INDUSTRIAL CAPITAL GOODS||-||4.677||0.8334|
|Colgate-PalmoliveIndiaLtd||Equity||CONSUMER NON DURABLES||-||1.348||0.2402|
|UnitedBreweriesLtd||Equity||CONSUMER NON DURABLES||-||0.542||0.0966|
|CGL||Bond - Gov't/Treasury||-||sov||96.224||17.1459|
|JanalakshmiFinancialServicesLtd||Bond - Corporate Bond||-||[ICRA]A||34.962||6.2298|
|RelianceHomeFinanceLtd||Bond - Corporate Bond||-||BWR AA+||29.947||5.3362|
|CorporationBank||Bond - Corporate Bond||-||CRISIL A-||27.223||4.8508|
|HindalcoIndustriesLtd||Bond - Corporate Bond||-||CRISIL AA||26.486||4.7195|
|ManappuramFinanceLtd||Bond - Corporate Bond||-||CARE AA||20.356||3.6272|
|FloreatInvestmentsLtd||Bond - Corporate Bond||-||[ICRA]AA||20.31||3.619|
|IndostarCapitalFinanceLtd||Bond - Corporate Bond||-||CARE AA-||20.191||3.5978|
|ShardaSolventLtd||Bond - Corporate Bond||-||BWR AA- (SO)||18.009||3.209|
SBI Mutual Fund is one of the renowned fund houses that has brought a number of schemes under different categories for its investors to assist them reach their financial goals. Among these mutual fund schemes, one which it has brought keeping children in mind is SBI Magnum Children’s Benefit Fund which was launched on February 21st, 2002. This is an open-ended scheme that invests mainly in debt and money market instruments to help investors earn regular income along with capital appreciation through little inclination towards equity. This scheme has a minimum lock-in period of 5 years or till the kid reaches maturity, whichever is earlier. Formerly, this scheme was known as SBI Magnum Children’s Benefit Plan.
This scheme of sbi mutual fund has invested its assets across 24 stocks and 9 bonds. The assets under management as on September 30th, 2018 was Rs. 60 crores out of which 76.5% assets have been invested in debt, 22.12% in equity and equity related instruments, and rest in cash and cash equivalents.
The top five companies in whose equity it has invested majorly are State Bank of India, Manpasand Beverages, Narayana Hrudayalaya, ITC, ABB, Equitas Holdings, Indian Terrain Fashions, The New India Assurance, Axis Bank, and ICICI Bank with the percentage investment being 1.65, 1.52, 1.30, 1.09, 1.05, 1.05, 1.04, 1.03, 1.02, and 1.01, respectively.
The top five companies in whose debt it has invested majorly are 7.6% REC 2021, 9.15% ICICI Bank, 8.75% Muthoot Finance 2020, and Greenko Energies 2019, 9.8773% Indostar Capital Finance 2019.
The one year returns generated by this scheme is 2.37% which is though better than category but is much less than the benchmark VR MIP TRI. The three year return of this scheme is 12.81 while that of the benchmark and category is 7.19% and 6.53%. In five, seven, and ten year returns also, this scheme has beaten down both the others by good margin by yielding 15.82%, 12.79%, and 11.98%, respectively. All these rates of returns are as on October 29th, 2018.
It is really important that the risk of the scheme is managed well as otherwise it might become tough to generate good returns. The standard deviation of this scheme is 5.99 which is higher than both the category and its benchmark. The Beta of the scheme is again 0.99 which is more than the category’s Beta. Both these factors indicate that the scheme is prone to fluctuations much more than the other two. The Sharpe ratio of the scheme is 1.18 which is higher than the benchmark and category’s ratio by a good margin. This ratio indicates that the scheme is likely to yield better returns with the risk taken.
This scheme is for those people who are willing to invest for their child’s future in a conservative hybrid mutual fund scheme. It should be noted that this scheme is for aggressive investors as the risk involved here is moderately high on the principal amount invested.
Investors interested in adding SBI Magnum Children’s Benefit Fund to their portfolio may do so by investing a minimum investment amount of Rs. 5000. The existing investors may do so by investing Rs. 1000. There is no entry load as such, however if an investor invests redeems within one year, then he will become liable to pay 3% as exit load. For anyone redeeming within two or three years will have to pay 2% or 1%, respectively. Redemption made after three years will be free from exit load. The net asset value of this scheme is Rs. 53.8665 as on October 29th, 2018. You may either do an SIP investment or may also choose the lump sum mode of investment. To make the calculation easier, don’t forget to use the SIP calculator present on this platform. Once you are clear regarding the investment amount, you may invest through the same platform, MySIPonline.
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