Magnum Hybrid Long Short Fund

Risk band

Band 1

What the risk band means

Volatility (annualised)

3.97%

Standard deviation of daily returns × √252, over 262 NAVs from 29 Oct 2025 to 13 Nov 2026.How this is calculated

Maximum drawdown

−3.97%

From a peak NAV of ₹10.5832 on 25 Aug 2026 to a trough of ₹10.1630 on 23 Oct 2026.How this is calculated

Risk bands are indicative and may vary with market conditions and portfolio composition.

Total TER charged (Regular plan)

1.51%

As of 11 Nov 2026

Source: AMFI · TER disclosure(opens in a new tab)

Base expense ratio charged (Regular plan)

0.92%

As of 11 Nov 2026. Total TER = base expense ratio + brokerage and transaction costs + statutory levies.

Maximum permitted base expense ratio

Not captured

The scheme document is dated 23 September 2025 and gives the old ceiling on total expenses, not one on the base expense ratio. The fund house's notice of 30 March 2026 sets base-expense limits by category of scheme and does not say which category this fund falls in.

Exit load

0.50% if redeemed on or before 15 days from date of allotment; 0.25% if redeemed after 15 days but on or before 1 month; Nil after 1 month. No exit load on switching between Plans within the Investment Strategy or on units issued on IDCW re-investment.

Read as: up to 0.50%; no load after 30 days from allotment (tiered).How this is calculated

Redemption

Two times a week (Monday & Thursday), or any lesser frequency as decided by the AMC

Screener bucket: Twice weeklyDealing days: Mon, Wed

Source: SBI Funds Management Limited (Magnum SIF) · Addendum(opens in a new tab) — Addendum item 1 Revised Provisions: 'Two Times a week (Monday & Wednesday) or any lesser redemption frequency as may be decided by the AMC.'

Subscription

Investors can subscribe to the Investment Strategy on a daily basis at applicable NAV.

Screener bucket: Daily

Source: SBI Funds Management Limited (Magnum SIF) · ISID(opens in a new tab) — p.5 item VIII Subscription frequency: 'Investors can subscribe to the Investment Strategy on a daily basis at applicable NAV.'

Settlement

T+3

Minimum investment

₹10,00,000

Minimum additional investment

₹10,000

Source: SBI Funds Management Limited (Magnum SIF) · ISID(opens in a new tab) — p.8 item XV Minimum Additional Purchase Amount: 'Rs. 10,000/- and in multiples of Re. 1 thereafter'

Plans and options

Growth · IDCW

Source: SBI Funds Management Limited (Magnum SIF) · ISID(opens in a new tab) — p.6 XII: 'Both plans provide two options for investment - Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option.'

Taxation

Equity-oriented SIF treatment: LTCG (held over 12 months) 12.50% on gains exceeding Rs 1,25,000 per year, without indexation; STCG (held up to 12 months) 20%. IDCW income taxable in unitholder's hands at normal slab rates (20% for non-residents), TDS 10% on distributions above Rs 10,000. STT 0.001% on redemption of units. Fund/SIF income itself exempt u/s 10(23D).

Dividend (IDCW)

Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option available under both Regular and Direct plans; IDCW offers Payout and Re-investment facilities (default option is Growth; within IDCW the default is Re-investment). IDCW amounts up to Rs 150 are compulsorily reinvested. IDCW dispatched within 7 working days from record date.

Taxation is summarised from the scheme document and may change; consult a tax adviser for your own position.

Fund managers

• Gaurav Mehta — Fund Manager, since 29 Oct 2025

Source: AMFI (Scheme Summary Document filed by SBI Funds Management Limited) · SID(opens in a new tab) — 'Fund Manager Mr. Gaurav Mehta' 'Fund Manager From Date Mr. Gaurav Mehta:29-Oct-2025'

Inception

20 Oct 2025

Date of allotment, from the scheme document.

Source: SBI Funds Management Limited (Magnum SIF) · Factsheet(opens in a new tab) — p.2 Fund Details: 'Date of Allotment: 20/10/2025'; p.3 'Inception Date 20/10/2025'

Scheme AUM

₹3,995 Cr

Month-end, as of 31 Oct 2026

Source: SBI Funds Management Limited (Magnum SIF) · Portfolio disclosure(opens in a new tab)

Average AUM

₹3,899 Cr

Average over Jul – Sept 2026, all plans of the fund together, from the figures AMFI publishes. Not the month-end figure above.

Source: AMFI · AMFI data(opens in a new tab) — AMFI 'Average AUM' (scheme-wise), July - September 2026: Magnum SIF / Hybrid Investment Strategies - Hybrid Long-Short Fund - 4 share class(es) (SIF-13, SIF-14, SIF-15, SIF-16), total 389934.37 Rs. lakh

Magnum SIF total SIF AUM

₹5,121 Cr

All 2 of the house's schemes, month-end Aug 2026.

Investment objective

The investment objective of the Investment Strategy is to generate regular income by predominantly investing in Derivatives strategies like covered calls, arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments.

Source: SBI Funds Management Limited (Magnum SIF) · ISID(opens in a new tab) — p.5 Part I item V 'Investment objective': 'to generate regular income by predominantly investing in Derivatives strategies like covered calls, arbitrage opportunities'

Benchmark

Nifty 50 Hybrid Composite Debt 50:50 Index

As the document states it: NIFTY 50 Hybrid Composite Debt 50:50 Index TRI

Asset allocation

Indicative asset allocation, per the scheme document

Instrument	Minimum	Maximum
Equity & Equity related instruments	65%	75%
of which Hedged (index/stock futures and options as part of hedged/arbitrage exposure, covered calls, protective puts etc.)	0%	75%
of which Unhedged (Short derivatives)	0%	25%
Debt and Money Market Instruments, including Units of Debt oriented mutual fund schemes	25%	35%
Units issued by REITs and InvITs	0%	10%

Source: SBI Funds Management Limited (Magnum SIF) · ISID(opens in a new tab) — p.13 Part II A table: 'Equity & Equity related instruments 65 75' ... 'Unhedged (Short derivatives) 0 25' ... 'Units issued by REITs and InvITs* 0 10'

Managed by SBI Mutual Fund. All Magnum SIF schemes

• Investment Strategy Information DocumentISID - Magnum Hybrid Long Short Fund (AMFI SIF portal copy)(opens in a new tab)23 Sept 2025 · AMFI
• Portfolio disclosureSIF SBI MF Monthly Portfolio Report 31-Aug-2026(opens in a new tab)31 Aug 2026 · SBI Funds Management Limited
• AddendumNotice cum Addendum - Base Expense Ratio limits by category of scheme (effective April 01, 2026)(opens in a new tab)30 Mar 2026 · SBI Funds Management Limited
• AddendumNotice cum addendum - changes in features (redemption Mon & Wed, min redemption Rs 10,000) w.e.f. Feb 09, 2026(opens in a new tab)6 Feb 2026 · SBI Funds Management Limited

Provenance

NAV source

AMFI — https://portal.amfiindia.com/spages/SIF_NAVAll.txt

AMFI scheme code

SIF-13

ISIN

INF200K30015

NAVs held

263, 29 Oct 2025 to 13 Nov 2026

Disclosures

Read from the scheme's information document (ISID, adjudicated against the document text; expense ceiling re-read 12 November 2026 and not captured). Confirmed by a second reader.

Source: AMFI · ISID(opens in a new tab)