Magnum Hybrid Long-Short Fund
SBI Mutual FundMagnum Hybrid Long Short Fund aims to generate regular income from covered calls and arbitrage in the cash and derivatives segments, plus debt and money market instruments, alongside long-term capital appreciation from a smaller unhedged equity sleeve. As of end-September 2026 the portfolio held 66.15% in equity shares, 15.30% in non-convertible debentures, 6.99% in treasury bills, 3.83% in InvIT units, 3.56% in government securities, 0.84% in a REIT, and 3.33% in cash, cash equivalents and derivative margin. Direct plan Base Expense Ratio is 0.40%; the Regular plan runs 0.92%.
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 | NIFTY 50 Hybrid Composite Debt 50:50 Index |
|---|---|---|
| 1 Week† | -0.39% | — |
| 15 Days† | -0.99% | — |
| 1 Month† | -1.11% | — |
| 3 Months† | -2.19% | — |
| 6 Months | +0.37% | -1.28% |
| 1 Year | — | — |
| 3 Years | — | — |
| 5 Years | — | — |
| Since Inception | +2.34% | -2.21% |
† 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 | 47.5% |
| Other Non-Convertible Debentures (AAA/A1+ rated, remaining) | — | Debt - Long | 8.5% |
| Treasury Bills | Sovereign | Debt - Long | 7.0% |
| Small Industries Development Bank Of India (NCD) | — | Debt - Long | 4.1% |
| HDFC Bank Ltd. | Financial Services | Equity - Long | 3.8% |
| Kotak Mahindra Bank Ltd. | Financial Services | Equity - Long | 3.6% |
| Government Securities | Sovereign | Debt - Long | 3.6% |
| Cash, Cash Equivalents, Derivative Margin And Others | — | Cash & Equivalents | 3.3% |
| Biocon Ltd. | Healthcare | Equity - Long | 2.9% |
| ICICI Bank Ltd. | Financial Services | Equity - Long | 2.9% |
| Axis Bank Ltd. | Financial Services | Equity - Long | 2.8% |
| Bharti Telecom Ltd. (NCD) | — | Debt - Long | 2.7% |
| Raajmarg Infra Investment Trust | — | InvIT | 2.7% |
| Reliance Industries Ltd. | Oil, Gas & Consumable Fuels | Equity - Long | 2.6% |
| Other Infrastructure Investment Trusts (remaining) | — | InvIT | 1.1% |
| Real Estate Investment Trust | Realty | REIT | 0.8% |
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
Combines equity and debt exposure within one mandate, using long-short positioning across both to balance growth and income.
Key facts
- Category
- Hybrid Long-Short
- Benchmark
- NIFTY 50 Hybrid Composite Debt 50:50 Index
- Launch date
- 20 Oct 2025
- Expense ratio
- 0.40%
- Exit load
- 0.50% if redeemed on or before 15 days from allotment; 0.25% if redeemed after 15 days but on or before 1 month; nil thereafter
- Lock-in
- —
- Risk-o-meter
- Risk Band 1 of 5 (Lower 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-14
- ISIN (Direct, Growth)
- INF200K30049
- AMFI scheme code (Regular)
- SIF-13
- ISIN (Regular, Growth)
- INF200K30015
- Official document
- AMC factsheet (PDF)As of 30 Sept 2026