Start Investing in SBI Mutual Fund for Promising Returns
SBI Mutual Fund’s SBI Magnum Children’s Benefit Fund has emerged as a lucrative investment option, yielding remarkable returns over the past four years. This scheme is particularly tailored for long-term investors aiming to secure their children’s future.
Impressive Returns Compared to Benchmark
In the last year alone, the fund has delivered returns of 46.36%. Over three years, it achieved 25.38%, and in four years, it recorded an impressive 43.43%. For comparison, its benchmark, the CRISIL Hybrid 35+65 – Aggressive Index, reported significantly lower returns of 28.6% in one year, 13.61% in three years, and just 19.67% over four years.
Accessible Investment for Small Investors
Investors can begin their journey with a minimum SIP of just Rs 500, making it an attractive choice for small investors. However, it’s important to note that this scheme carries a high level of risk, making it vital for investors to conduct thorough research or consult with an investment advisor before proceeding.
A Strategic Move for Children’s Future
Managed by experienced fund managers R. Srinivasan, Rajiv Radhakrishnan, and Pradeep Kesavan, this fund is a solid option for those looking to invest in their children’s education and overall future.
Follow DelhiBreakings on Google News
Summary at glance
SBI Mutual Fund’s SBI Magnum Children’s Benefit Fund offers an attractive investment opportunity, allowing investors to start with a minimum SIP of Rs 500. Over the past four years, the fund has delivered impressive returns: 46.36% in one year, 25.38% in three years, and 43.43% in four years, outperforming its benchmark. This scheme is ideal for long-term investments aimed at securing children’s futures; however, potential investors should consider the high risk involved and consult an advisor.
Superfast News Coverage by DelhiBreakings.com team.
For Superfast national news and Delhi Breaking Stories visit us daily at https://delhibreakings.com
Something went wrong. Please refresh the page and/or try again.
