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Mutual Funds in India : SBI Mutual Fund : SBI Magnum Children's Benefit Plan


SBI Magnum Children's Benefit Plan



Objective : To provide attractive returns by means of capital appreciation through an actively managed portfolio of debt, equity and money market instruments. Income generated through the receipt of coupon payments, the amortization of the discount on the debt instruments, receipt of dividends or purchase and sale of securities in the underlying portfolio, will be reinvested.

Structure : Open-ended Income Scheme

Inception Date : January 02, 2002

Face Value (Rs/Unit): Rs. 10

Minimum Investment :
Rs. 1500/- only and in multiples of Rs. 100/-.

Entry Load : 1.5%.

Exit Load : If redeemed before 6 Months; and Amount less than 5 crores, Exit load is 1%. For Amount greater than 5 crores, Exit load is 0%.

Latest NAV

Scheme Name NAV (Net Asset Value) Repurchase Price Sale Price Date
SBI Magnum Children Benefit Plan- Holding Held for <= 1 Year 18.7055 18.1443 18.9861 15-May-2008





Open Ended

Close Ended

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