Magnum Equity Ex-Top 100 Long-Short Fund
SBI Mutual FundMagnum Equity Ex-Top 100 Long Short Fund invests in equity and equity-related instruments of stocks outside the top 100 by market capitalization, with limited short exposure through derivatives to enhance returns and/or manage risk. As of end-September 2026 the portfolio held 70.48% in equity shares (9.14% large cap, 11.16% mid cap, 50.18% small cap), a 19.44% net derivatives overlay, 7.74% in treasury bills, 0.63% in government securities, and 1.71% in cash and other equivalents. Direct plan Base Expense Ratio is 0.70%; the Regular plan runs 1.80%. Allotted 27 Aug 2026.
NAV history
Custom date range
Pick any two dates to see Direct Plan NAV and the return between them.
Performance vs. benchmark
Showing Direct Plan performance.
| Period | Fund | BSE 500 TRI |
|---|---|---|
| 1 Week† | -0.82% | — |
| 15 Days† | -3.37% | — |
| 1 Month† | -3.65% | — |
| 3 Months | — | — |
| 6 Months | — | — |
| 1 Year | — | — |
| 3 Years | — | — |
| 5 Years | — | — |
| Since Inception† | -4.96% | — |
† No AMC-verified benchmark figure yet for this period — computed from daily NAV.
Portfolio exposure
| Instrument | Sector | Type | Weight |
|---|---|---|---|
| Others Equity Total (remaining long positions) | — | Equity - Long | 42.9% |
| Derivatives Exposure (net index/stock futures and options overlay) | — | Equity - Long | 19.4% |
| 91 Day T-Bill 27.11.26 | Sovereign | Debt - Long | 4.7% |
| ELGI Equipments Ltd. | Capital Goods | Equity - Long | 4.5% |
| Navin Fluorine International Ltd. | Chemicals | Equity - Long | 3.9% |
| Kotak Mahindra Bank Ltd. | Financial Services | Equity - Long | 3.4% |
| The South Indian Bank Ltd. | Financial Services | Equity - Long | 3.3% |
| Sundaram Finance Ltd. | Financial Services | Equity - Long | 3.2% |
| Sun TV Network Ltd. | Media, Entertainment & Publication | Equity - Long | 3.2% |
| Bajaj Finance Ltd. | Financial Services | Equity - Long | 3.1% |
| 91 Day T-Bill 24.12.26 | Sovereign | Debt - Long | 3.1% |
| Cohance Lifesciences Ltd. | Healthcare | Equity - Long | 3.1% |
| Cash, Cash Equivalents And Others | — | Cash & Equivalents | 1.7% |
| Government Securities | Sovereign | Debt - Long | 0.6% |
Top holdings from the AMC's own portfolio disclosure — not the complete, line-by-line portfolio (which can run to 100+ positions). Gross/net exposure above is calculated from this subset, so it may differ slightly from the AMC's own published figures.
Investment strategy
Runs long and short positions among listed companies outside India's 100 largest by market capitalization.
Key facts
- Category
- Ex-Top 100 Long-Short
- Benchmark
- BSE 500 TRI
- Launch date
- 27 Aug 2026
- Expense ratio
- 0.70%
- Exit load
- 1% if redeemed/switched out on or before 3 months from the date of allotment; nil thereafter
- Lock-in
- —
- Risk-o-meter
- Risk Band 5 of 5 (Higher Risk) — SIF-specific risk band, distinct from the standard mutual fund risk-o-meter scale
- Minimum investment
- ₹10,00,000
- AMFI scheme code (Direct)
- SIF-159
- ISIN (Direct, Growth)
- INF200K30106
- AMFI scheme code (Regular)
- SIF-157
- ISIN (Regular, Growth)
- INF200K30072
- Official document
- AMC factsheet (PDF)As of 30 Sept 2026