SBI Magnum Children’s Benefit Fund – Investment Plan
SBI Mutual Fund has launched new An open-ended fund for investment for children having a lock-in for at least 5 years or till the child attains age of majority (whichever is earlier) named SBI Magnum Children’s Benefit Fund – Investment Plan.
NFO Period:-
September 08, 2020 To September 22, 2020.
Scheme Type:-
An open-ended fund for investment for children having a lock-in for at least 5 years or till the child attains age of majority (whichever is earlier).
Benchmark Index:-
CRISIL Hybrid 35+65 -Aggressive Index.
Investment Objective:-
The investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across sectors and market capitalizations. The scheme will also invest in debt and money market instruments with an endeavour to generate income.
However, there can be no assurance that the investment objective of the Scheme will be realized.
This Scheme is suitable for investors seeking:-
- Income and capital appreciation
- Investment primarily in actively managed equity and equity related instruments and secondarily in
debt and money market securities.
Minimum Application Amount:-
Rs. 5000 and in multiple of Rs. 10 thereafter.
No Transaction Charges on any Investment Amount.
To Invest
Application Form can be downloaded via Application Form SBI Magnum Childrens Benefit Fund – Investment Plan
Cheque will be drawn in favor of SBI Magnum Children’s Benefit Fund – Investment Plan.
To Download KYC Forms Click Here
Application Forms can be sent at Your nearest CAMS Location
For More Information Call 9315120004, Or Whatsapp your query @ 9896155783.
Mutual Fund Investments are Subject To Market Risks Please read Offer Documents before Making Investments