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Magnum Equity Ex Top 100 Long Short Fund Direct Growth
NAV: 12 Oct '26
₹9.76
Min. for SIP
₹10,000
Fund size (AUM)
--
Expense ratio
2.46%
Rating
--
Min. 1st investment
₹10,00,000
Min. 2nd investment onwards
₹10,000
About SIFs
Specialised Investment Funds (SIFs) are a SEBI-regulated category of mutual funds. They offer fund managers greater flexibility than traditional mutual funds, including the ability to run more concentrated and strategy-driven portfolios across equity, debt, or hybrid strategies. Know more
Purchase rules
Investment amount should be ₹10 lakh per investor across all SIF schemes of an AMC
Redemption rules
Redemption terms depend on the specific SIF strategy and may include restricted redemption for certain intervals
Minimum investments
Min. for 1st investment
₹10,00,000
Min. for 2nd investment
₹10,000
Min. for SIP
₹10,000
Returns and rankings
Annualised returns
Absolute returns
| Name | 1M | 3M | 6M | All |
|---|---|---|---|---|
| Fund returns | -1.9% | -- | -- | -2.9% |
| Category average (null null) | -- | -- | -- | -- |
| Rank (null null) | -- | -- | -- | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 1%, if redeemed within 3 months.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
--
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +7.31% | +14.58% | 80,905.55 | |
 | -2.22% | +14.11% | 12,155.57 | |
| +2.74% | +11.42% | 14,256.55 | |
 | -4.04% | +9.71% | 40,800.80 | |
| -12.19% | +8.12% | 1,623.24 | |
| Compare | ||||
Fund management
GMGaurav MehtaAug 2026 - PresentView details
GM
Gaurav Mehta
Aug 2026 - Present
View details
About Magnum Equity Ex Top 100 Long Short Fund Direct Growth
Magnum Equity Ex Top 100 Long Short Fund Direct Growth is a -- Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Gaurav Mehta is the Current Fund Manager of Magnum Equity Ex Top 100 Long Short Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹13,16,224 Cr and the Latest NAV as of 12 Oct 2026 is ₹9.76.
The Magnum Equity Ex Top 100 Long Short Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹10,000. Minimum Lumpsum Investment is ₹10,00,000. Exit load of 1%, if redeemed within 3 months.
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Investment Objective
This scheme seeks 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.
Fund benchmark--
Fund house
Rank (total assets)#1 in India
Total AUM₹13,16,223.67 Cr
Date of Incorporation29 Jun 1987
Launch Date29 Jun 1987
Address9th Floor & Unit no. 1002, 1003 and 1004 of 10th floor,Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex,Bandra (East) Mumbai 400051
CustodianSBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer AgentCams
Email--
Websitewww.camsonline.com
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,