SBI Magnum Childrens Benefit Fund - Savings Plan - REGULAR PLAN - GROWTH

SBI Magnum Childrens Benefit Fund - Savings Plan - REGULAR PLAN - GROWTH is a scheme launched by SBI Mutual Fund on January 28, 2002, and falls under the Childrens fund category. It currently manages an AUM of Rs 127.92 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.21% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  SBI Magnum Childrens Benefit Fund - Savings Plan - REGULAR PLAN - GROWTH trailing returns over different times are 3.62% (1 year), 12.25% (3 year) and 13.22% (5 year). The average annual return of this fund stands at 2.33%.