Magnum Equity Ex-Top 100 Long Short Fund

Risk band

Band 5

What the risk band means

Volatility (annualised)

N/A — Insufficient history

How this is calculated

Maximum drawdown

N/A — Insufficient history

How this is calculated

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

Total TER charged (Regular plan)

3.08%

As of 11 Nov 2026

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

Base expense ratio charged (Regular plan)

1.76%

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

Maximum permitted base expense ratio

2.10%

The ceiling stated in the scheme document.

Source: Investment Strategy Information Document, 31 Jul 2026(opens in a new tab) — p.23 row 'Maximum Base Expense Ratio (BER) permissible under Regulation 66 (7) (c)': Upto 2.10%; table of limits on p.24

Exit load

1% of the applicable NAV if units purchased or switched in from another Investment Strategy of the Fund are redeemed or switched out on or before 3 months from the date of allotment; NIL if redeemed or switched out after 3 months from the date of allotment.

Read as: 1.00%; no load after 91 days from allotment.How this is calculated

Redemption

Daily. Investors can redeem their units under the Investment Strategy on a daily basis; the Trustees reserve the right to change the redemption frequency. Valid applications received up to 3.00 pm on a business day get that day's closing NAV; after 3.00 pm, the next business day's closing NAV.

Screener bucket: Daily

Source: SBI Funds Management Limited (Magnum SIF) · ISID(opens in a new tab) — p.4 item IX 'Investors can redeem their units under the Investment Strategy on a daily basis.'; p.5 XI 'Dispatch of redemption proceeds: within 3 working days'

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.4 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.7 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.5 XII: 'Both plans provide two options for investment - Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option.'

Taxation

Tax on IDCW: taxable at normal tax rates applicable to the investor for residents and 20% for non-residents (plus surcharge and 4% cess); Nil for the Mutual Fund/SIF. TDS 10% for residents on income distributed above Rs 10,000. Capital gains: long-term (held more than 12 months) 12.50% on gains exceeding Rs 1,25,000 in a year without indexation; short-term (held up to 12 months) 20%. STT 0.001% on redemption of units of an equity-oriented SIF. Full details deferred to the SAI.

Dividend (IDCW)

Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option under both Regular and Direct plans, with IDCW Re-investment and IDCW Pay-out facilities; default between Growth and IDCW is Growth, and within IDCW the default is IDCW Reinvestment. IDCW amounts up to Rs 150 are compulsorily reinvested. IDCW dispatched within 7 working days from the 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 1 Aug 2026

Source: SBI Funds Management Limited (Magnum SIF) · ISID(opens in a new tab) — p.18 E 'Who manages the Investment Strategy?': 'Mr. Gaurav Mehta ... Head - SIF Equity of SBI Funds Management Limited'

Inception

27 Aug 2026

Date of allotment, from the scheme document.

Source: SBI Funds Management Limited (Magnum SIF) · Factsheet(opens in a new tab) — rendered scheme details block: 'Date Of Allotment 27 Aug, 2026' 'AUM (As On 31 Aug 2026) ₹ 1116.32 Cr'

Scheme AUM

₹1,611 Cr

Month-end, as of 30 Sept 2026

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

Average AUM

₹525.71 Cr

Average over Jul – Sept 2026, all plans of the fund together, from the figures AMFI publishes. Not the month-end figure above. This fund was allotted on 27 Aug 2026, so it was open for only part of that quarter and the average understates its size.

Source: AMFI · AMFI data(opens in a new tab) — AMFI 'Average AUM' (scheme-wise), July - September 2026: Magnum SIF / Equity Oriented Investment Strategies - Equity Ex-Top 100 Long-Short Fund - 4 share class(es) (SIF-157, SIF-158, SIF-159, SIF-160), total 52570.94 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 strategy is to generate long-term capital appreciation by investing primarily in equity and equity-related instruments of stocks outside the top 100 by market capitalization, while utilizing limited short exposure through derivatives to enhance returns and/or manage risk.

Source: SBI Funds Management Limited (Magnum SIF) · ISID(opens in a new tab) — p.4 Part I item V 'Investment objective': 'to generate long-term capital appreciation by investing primarily in equity and equity-related instruments of stocks outside the top 100'

Benchmark

BSE 500 TRI

Asset allocation

Indicative asset allocation, per the scheme document

Instrument	Minimum	Maximum
Equity & Equity related instruments of companies excluding the top 100 companies by market capitalization including REITs	65%	100%
Equity & Equity related instruments of companies - top 100 companies by market capitalization including REITs	0%	35%
Debt and Money Market Instruments	0%	35%
Units issued by InvITs	0%	20%
Units of mutual funds (including Gold & Silver ETFs)	0%	35%

Source: SBI Funds Management Limited (Magnum SIF) · ISID(opens in a new tab) — p.11 Part II A table: 'excluding the top 100 companies by market capitalization including REITs 65 100 ... Units of mutual funds (including Gold & Silver ETFs)# 0 35'

Managed by SBI Mutual Fund. All Magnum SIF schemes

• Investment Strategy Information DocumentISID - Magnum Equity Ex-Top 100 Long Short Fund(opens in a new tab)31 Jul 2026 · SBI Funds Management Limited
• Investment Strategy Information DocumentISID - Magnum Equity Ex-Top 100 Long Short Fund (AMFI SIF portal copy)(opens in a new tab)31 Jul 2026 · AMFI

Provenance

NAV source

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

AMFI scheme code

SIF-157

ISIN

INF200K30072

NAVs held

50, 2 Sept 2026 to 13 Nov 2026

Disclosures

Read from the scheme's information document (https://www.sbimf.com/docs/default-source/sif-equity-ex-top-long-short-fund-documents/isid---magnum-equity-ex-top-100-long-short-fund.pdf). Confirmed by a second reader.

Source: SBI Funds Management Limited · ISID(opens in a new tab)