| Launch date | 01 Oct 2025 |
| Allotment date | 23 Oct 2025 |
| End date | 15 Oct 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
0.50% upto 15 days, 0.25% 16 days to 30 days, No Exit Load after 30 days
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
NA
Minimum investment amounts
| Min. for 1st investment | ₹10,00,000 |
| Min. for 2nd investment onwards | ₹10,00,000 |
| Min. for SIP | ₹10,00,000 |
Fund house & investment objective
| Rank (total assets) | #1 in India |
|---|---|
| Total AUM | ₹11,84,451.93Cr |
| Date of Incorporation | 29 Jun 1987 |
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Magnum Hybrid Long Short Fund - Direct Plan - Growth - SIF is a Hybrid Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. The fund currently has an Asset Under Management(AUM) of ₹11,84,452 Cr and the Latest NAV as of null is ₹10.00. The Magnum Hybrid Long Short Fund - Direct Plan - Growth - SIF is rated Very high risk. Minimum SIP Investment is set to ₹10,00,000. Minimum Lumpsum Investment is ₹10,00,000. 0.50% upto 15 days, 0.25% 16 days to 30 days, No Exit Load after 30 days ;
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 generate long-term capital appreciation through unhedged exposure to equity and equity related instruments. There is no assurance that the investment objective of the Investment strategy will be achieved. ;
| Fund benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index |
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