SBI Magnum Children’s Benefit Fund: A Smart Step Towards Your Child’s Future
Are you planning for your child’s education or future needs? SBI Magnum Children’s Benefit Fund could be your ideal investment option. Specially crafted for long-term child-focused goals, this mutual fund combines equity and debt for balanced growth.
🗓️ Fund Snapshot
| Feature | Details |
|---|---|
| Fund House | SBI Mutual Fund |
| Plan Type | Children-focused hybrid fund |
| Lock-in Period | 5 years |
| Fund Type | Aggressive Hybrid |
| Benchmark | CRISIL Hybrid 35+65 – Aggressive Index |
| Minimum Investment | ₹1,000 |
| SIP Option | Available |
What is SBI Magnum Children’s Benefit Fund?
SBI Magnum Children’s Benefit Fund (Investment Plan) is a hybrid mutual fund scheme from SBI Mutual Fund that aims to generate long-term capital appreciation by investing in a mix of equity, debt, and other securities. The fund comes with a 5-year lock-in to promote long-term investing habits for a child’s future needs.
How Does the Fund Invest?
This fund following Aggresive hybrid strategy, naturally Investing in
65–80% in equities for high-growth potential
20–35% in debt for stability
This allcation create a balanced portfolio—ideal for long-term wealth creation with limited risk.
Performance Overview (as of May 2025)
| Duration | Direct Plan CAGR | Regular Plan CAGR |
|---|---|---|
| 1 Year | 21% | 19% |
| 3 Years | 15.7% | 13.8% |
| Since Inception | 14.2% | 12.6% |
(Note: Past performance does not guarantee future returns.)
🎯 Who Should Invest?
Parents planning for children’s education
Investors looking for long-term disciplined investing
Those wanting a mix of growth + stability with tax benefits (under Section 80C)
Advantages of SBI Magnum Children’s Benefit Fund
- Tax Saving potential under ELSS benefits in specific plans
- SIP options make it accessible for all income level
- Balanced diversification reduce risk level
- 5 years lock in period encourage long term systematic and discipline investment
- Goal based investment for children
Disadvantages
Lock-in period restricts early withdrawal
Not suitable for short-term goals
Market-linked returns may vary
🔍 How to Invest in SBI Magnum Children’s Benefit Fund?
🖥️ Online:
Visit the SBI Mutual Fund official website
Choose Magnum Children’s Benefit Fund
Select Direct/Regular, and SIP/Lumpsum
Complete KYC and start investing
🏦 Offline:
Visit SBI branch or distributor
Submit form + KYC documents
Choose SIP amount and tenure
📖 FAQs About SBI Magnum Children’s Fund
1. Is SBI Magnum Children’s Benefit Fund safe?
It’s a hybrid fund, so risk is balanced. The 5-year lock-in helps manage volatility and build long-term gains.
2. Can I invest without having a child?
Yes. While designed for child-related goals, anyone can invest with long-term planning in mind.
3. Is it available on platforms like Zerodha or Groww?
Yes, you can invest via platforms like Groww or Zerodha Coin.
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Know more about it:✍️ Final Thoughts
The SBI Magnum Children’s Benefit Fund is a great way to ensure your child’s future is financially secure. It’s built for disciplined investors who wish to balance growth and stability while planning long-term goals. Start early and let the power of compounding work for your child!
Want to diversify your SIPs? Don’t miss our list of Balanced Advantage Funds for 2025.
🎯 Start Investing Today!
Don’t wait—open an SIP with just ₹500/month and start building a better future. Learn how to start here.