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SBI Magnum Children's Benefit Fund Savings Plan Direct

Solution Oriented

Children's

Moderately High

27-Oct-2023
₹ 95.07

Fund Overview

Fund Size (Rs.)
101 Cr

Benchmark Index
----

Scheme Type
Growth

ISIN
INF200K01QR6

Expense Ratio
0.88%

Minimum SIP (Rs.)
500

Launch Date
04-Jan-2013

Fund House
SBI Mutual Fund

Exit Load
Exit Load of 3% if redeemed within an year, 2% if redeemed within 2 years and 1% if redeemed within 3 years

Investment Returns (CAGR)

1 yr. 13.37

3 yr. 14.4

5 yr. 11.05

Since Inception. 11.6%

Investment Returns Calculator

Monthly investment
10000
Time period
3yr
Expected Annual Return
10%
Your results
Total Value of your Investment:
Invested Amount
Est. Returns
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Check your eligible loan amount against your mutual funds.

Total Value of your mutual fund
You are eligible for
50,000
Minimum portfolio value: ₹50,000
Interest Rate: 10% *
Choose tenure
installment options
Balloon
help

Balloon Payment

(Interest only)

Pay monthly installments towards interest only. Settle the principal at the end of tenure.

416
per month
EMI
4395
per month

Loan facility is provided by our NBFC partner

What is a
loan against
mutual funds?

With a Loan against Mutual Fund, you offer your MF units as collateral for the loan. The lender holds the Mutual Fund units as a security till you repay the loan amount. Your Mutual Funds will continue to earn returns, but you cannot sell them while you have pledged them to the lender.
You may borrow up to 50% of the value of your equity mutual fund schemes in your portfolio. The value of your mutual fund scheme is derived by multiplying the number of units by the scheme's NAV. The total value of all equity mutual fund schemes will be used to calculate your portfolio value.
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Check out related funds:

About SBI Magnum Children's Benefit Fund Savings Plan Direct

The scheme seeks 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. ;

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