SBI Magnum Children’s Benefit Fund

Investment Objective

SBI Magnum Children’s Benefit Fund is an open-ended investment scheme for children with a lock-in of minimum 5 Years, or till the child reaches majority age i.e 18. The scheme's investment objective is to achieve long-term capital appreciation by investing primarily in equity and equity-related securities across different sectors and market capitalizations. The scheme will also be investing in fixed income generating debt and money market instruments.

Asset Allocation

Following is the indicative asset allocation:

Instruments	Minimum Indicative Allocation	Maximum Indicative Allocation	Risk Profile
Equity & Equity related securities including ETFs	65	100	High
Debt securities including ETFs & money market instruments	0	35	Low-Medium
Units issued by REITs and InvITs	0	10	Medium-HIgh
Gold ETFs	0	20	Medium-High

The scheme may also seek to invest in foreign equities,overseas ETFs, and debt securities. Such investments will not surpass 35% of the scheme's assets.

Exposure to equity derivatives(including covered call options) may account for 100% of the total assets. The scheme may invest up to 20% of its net assets in debt derivatives.

Investment Strategy

The Scheme aims to invest in equity and equity-related securities, debt, money market instruments, and derivatives. The Equity and Debt investment strategy is as follows

Equity:

The scheme will be investing in a well-diversified portfolio of equity & equity related instruments. While selecting stocks for investments, the fund manager will emphasize on company dynamics, management efficiency, the company's financial strength, market leadership, etc. The scheme would be investing without market cap or sector-based bias across industries.

Debt:

The scheme will be investing in a high-quality diversified portfolio of debt and money market instruments. The fund manager will make the asset allocations taking into account the prevailing interest rate scenario, yield spread, yield curve, and the liquidity of the instruments.

About the scheme

Name	SBI Magnum Children’s Benefit Fund- Investment Plan
Fund House	SBI Mutual Fund
Asset Management Company	SBI Funds Management Private Limited
Type of scheme	An open ended scheme facilitating investments for children having a lock-in term of 5 years or till the child matures i.e at the age of 18.
Investment Objective	Investment objective of the scheme is to generate long term capital appreciation for investors by predominantly investing in equity & equity related securities of the companies across market capitalizations. Also, the fund will make investments in debt & money market instruments for generating income.
Benchmark	CRISIL Hybrid 35+65 -Aggressive Index
Entry Load	Not Applicable
Lock-in period	5 Years or till the child attains majority
Exit Load	3% - If units are redeemed/switched out on or before 1 year 2% - If units are redeemed/switched out after 1 year and before 2 years 1% - If units are redeemed/switched out after 2 year and before 3 years. Nil- After 3 years
Plan	Regular Plan Direct Plan
Minimum Application Amount	Rs. 5,000 & in multiple of Rs.1 thereafter
Minimum Additional Amount	Rs. 1,000 & in multiple of Rs.1 thereafter
Fund Managers	Mr. R Srinivasan – Equity Mr. Dinesh Ahuja - Debt Mr. Mohit Jain will be the fund manager for managing overseas investments under the scheme.
New Fund Offer Dates	From 8 September, 2020 to 22 September, 2020

SIP Details

Type	Minimum Installments	Minimum Amount
Daily	12	Rs.500 & in multiples of Rs.1 thereafter.
Weekly	6 12	Rs.1,000 & in multiples of Rs.1 thereafter. Rs.500 & in multiples of Rs.1 thereafter.
Monthly	6 12	Rs.1,000 & in multiples of Rs.1 thereafter. Rs.500 & in multiples of Rs.1 thereafter.
Quarterly	1 Year	Rs.1,500 & in multiples of Rs.1 thereafter.
Semi-annual	4	Rs.3,000 & in multiples of Rs.1 thereafter.
Annual	4	Rs.5,000 & in multiples of Rs.1 thereafter.