COMPARE
SBI Children's Fund - Investment Plan - Direct Plan - Growth vs Union Children's Fund - Direct Plan - Growth Option
SBI Children's Fund - Investment Plan and Union Children's Fund are both in the Children s Fund category, from SBI Funds Management Limited and Union Asset Management Company Private Limited respectively. SBI Children's Fund - Investment Plan has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
SBI Children's Fund - Investment Plan has the lower direct-plan expense ratio, by 0.39 percentage points.
| SBI Children's Fund - Investment Plan - Direct Plan - Growth | Union Children's Fund - Direct Plan - Growth Option | |
|---|---|---|
| Category | Children s Fund | Children s Fund |
| AMC | SBI Funds Management Limited | Union Asset Management Company Private Limited |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | BSE 500 TRI |
| NAV | ₹51.7789 (2026-10-28) | ₹12.38 (2026-10-28) |
| AUM | ₹7,943.968 Cr | ₹88.878 Cr |
| Expense Ratio (Direct) | 1.08% | 1.47% |
| Inception | 2020-09-08 | 2023-11-28 |
Returns
Risk Metrics
Union Children's Fund has been the more volatile of the two by standard deviation.
| SBI Children's Fund - Investment Plan - Direct Plan - Growth | Union Children's Fund - Direct Plan - Growth Option | |
|---|---|---|
| 3Y Sharpe Ratio | 0.91 | 0.01 |
| 3Y Alpha | 11.0507% | -0.6616% |
| 3Y Std Deviation | 12.9418% | 14.4808% |
| 3Y Calmar Ratio | 1.19 | 0.42 |
Portfolio Analytics
SBI Children's Fund - Investment Plan carries the higher portfolio YTM.
| SBI Children's Fund - Investment Plan - Direct Plan - Growth | Union Children's Fund - Direct Plan - Growth Option | |
|---|---|---|
| P/E Ratio | 29.043 | 31.3454 |
| P/B Ratio | - | - |
| Dividend Yield | 0.6259% | 0.6751% |
| Active Share | - | 67.75% |
| Portfolio Turnover | - | 47% |
| YTM | 6.5142% | 5.409% |
| Duration (Macaulay) | 0.04 yrs | - |
Punji Fund Health Score
Union Children's Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, SBI Children's Fund - Investment Plan or Union Children's Fund?
SBI Children's Fund - Investment Plan's direct-plan expense ratio is 0.39 percentage points lower than Union Children's Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, SBI Children's Fund - Investment Plan or Union Children's Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), Union Children's Fund has been more volatile than SBI Children's Fund - Investment Plan over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.91 for SBI Children's Fund - Investment Plan vs 0.01 for Union Children's Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, SBI Children's Fund - Investment Plan or Union Children's Fund?
SBI Children's Fund - Investment Plan has ₹7,944 Cr in assets under management, versus ₹89 Cr for Union Children's Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), SBI Children's Fund - Investment Plan or Union Children's Fund?
SBI Children's Fund - Investment Plan's portfolio YTM (6.5142%) is higher than Union Children's Fund's. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which fund has a longer track record, SBI Children's Fund - Investment Plan or Union Children's Fund?
SBI Children's Fund - Investment Plan launched on 2020-09-08, making it older than Union Children's Fund (launched 2023-11-28). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.