The BEST Investment Plan for Your Child's Future SBI Magnum Children's Benefit Fund
You are watching "The BEST Investment Plan for Your Child's Future SBI Magnum Children's Benefit Fund" now! In this video, we take a detailed look at SBI Magnum Children’s Benefit Fund, a mutual fund scheme designed especially for parents who want to build a disciplined, long-term investment corpus for their child’s future—whether it’s higher education, professional studies, or marriage. I’m Priya and you’re watching ZFunds. What is SBI Magnum Children’s Benefit Fund? First, let’s clear a common confusion. This is not a ULIP, not an insurance plan, and not an “investment-cum-insurance” product. It is a pure mutual fund scheme, structured specifically with children-centric goals in mind. In India, there are very few child-focused mutual funds. While a few AMCs like Tata and HDFC offer similar options, SBI Magnum Children’s Benefit Fund is one of the most popular and widely used schemes in this category. Purpose of the Fund This fund is designed for parents who want: Long-term, goal-based investing for their child Reduced financial pressure in the future Disciplined savings without emotional, short-term decisions Lock-in Period Explained The fund has a lock-in of 5 years or until the child turns 18 years of age, whichever is earlier. While many investors see lock-in as a negative, for child-related goals it actually works as a discipline tool, preventing panic withdrawals during market corrections. Compared to insurance investment plans that often have 10–20 year lock-ins, this fund offers relatively better flexibility. Key Fund Details Fund Name: SBI Magnum Children’s Benefit Fund – Investment Plan Category: Hybrid Fund (Equity + Debt) Expense Ratio: ~0.82% AUM: ₹5,053 crore Minimum SIP: ₹500 Minimum Lump Sum: ₹5,000 Risk Level: Very High (due to higher equity exposure) Performance & Returns Short-term performance can fluctuate, which is normal for equity-heavy hybrid funds. However, the fund’s long-term performance has been strong, consistently outperforming its category average over 3-year and 5-year periods. This makes it more suitable for long-term child-related goals rather than short-term investing. Exit Load Structure Within 1 year: 3% After 1 year but within 2 years: 2% After 2 years but within 3 years: 1% After 3 years: No exit load Once the lock-in period ends, exit load rules apply as per the above structure. Portfolio Overview Large Cap: ~17% Mid Cap: ~11% Small Cap: ~47% Cash & Cash Equivalents: ~20% Foreign Equity: ~3% Total Stocks: 35 (focused portfolio) Sector Allocation The fund is diversified across multiple sectors such as Financials, Consumer Discretionary, Consumer Staples, Industrials, Energy, Materials, Technology, and others—helping it manage market volatility better. Important Note This fund may not appear easily on some investment apps because it is a children-specific scheme. For complete and accurate details, always refer to the official SBI Mutual Fund website. Who Should Consider This Fund? Parents planning long-term investments for their child Investors who value discipline over short-term market noise Those comfortable with high equity exposure and volatility Always understand your risk profile and financial goals before investing. ➡️ Download the ZFunds app now: http://bit.ly/3OdnLD2 ➡️ Connect with our Top Experts Here: https://wa.me/917217746224?text=Hi%20 🌐 Explore Our Website 🌐 👉 Visit our official website: https://zfunds.in/ 👉 Daily SIP - https://zfunds.in/m/daily-sip 👉 Best Mutual fund App - https://zfunds.in/m/best-mutual-fund-app 📧 Contact us via email: [email protected] ☎️ Call or Whatsapp our helpline: +917217746224 📱 Stay Connected 📱 📸 Follow us on Instagram: / zfunds.in 📘 Like us on Facebook: / zfunds.in 🐦 Follow us on Twitter: / zfundsapp ⚠️ Disclaimer: Investing involves risk, and past performance is not indicative of future results. Please seek professional financial advice before making any investment decisions. This video is for informational purposes only. __________________________ #SBIMutualFund, #ChildrensMutualFund, #ChildFuturePlanning, #EducationPlanning, #MutualFundsIndia, #HybridMutualFund, #LongTermInvestment, #ParentInvesting, #SIPInvestment, #ZFunds, #InvestmentForKids
