Investment Strategy of SBI Magnum Children’s Benefit Fund
- The fund seeks to invest in a well-diversified portfolio of equity & equity related securities (across sectors without any market cap bias), derivatives and high quality debt and money market instruments.
- When selecting equity stocks, the fund manager will focus on the companies’ fundamentals, management quality, financial strength, market leadership, etc.
- When investing in debt and money market instruments, the fund manager will factor in the prevailing interest rate scenario, yield curve, liquidity and yield spread of the various instruments.
- The portfolio duration and credit exposures of the debt portfolio will be based on a thorough research of the general macroeconomic condition, political and fiscal environment, inflationary expectations and other economic considerations.
- The fund may also invest in derivatives instruments for hedging and/or non-hedging purposes.
Who Should Invest in SBI Magnum Children’s Benefit Fund?
SBI Magnum Children’s Benefit Fund is suitable for all those investors who:
- are seeking to invest in an actively managed portfolio to build corpus for their children’s higher education
- are comfortable to lock-in their investments for a period of 5 years or till the child does not attain 18 years of age