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Magnum Hybrid Long-Short Fund

SBI Mutual Fund
Direct NAV10.5291-0.18%As on 11 Sept 2026
1Y Return
AUM₹3,834 Cr
Min. Investment₹10,00,000

NAV history

Fund NAV

Performance vs. benchmark

PeriodFundNIFTY 50 Hybrid Composite Debt 50:50 Index
1 Week-0.43%
15 Days-0.82%
1 Month-0.13%
3 Months+2.78%
6 Months+4.53%-0.37%
1 Year
3 Years
5 Years
Since Inception+5.11%-1.43%

Portfolio exposure

Gross exposure 158.9%
Net exposure 24.9%
Long exposure
91.9%
Short exposure
-67.0%
Cash & equivalents
3.0%
InstrumentSectorTypeWeight
Others Equity Total (remaining long positions)Equity - Long50.9%
Others Equity Derivatives (remaining short positions)Equity - Short (Derivative)-50.8%
Non-Convertible Debentures (AAA/A1+ rated, incl. Bharti Telecom, REC, PFC)Debt - Long10.2%
Treasury BillsSovereignDebt - Long6.3%
InvITs (Raajmarg Infra, Altius Telecom, Indus Infra Trust)InvIT4.0%
Government SecuritiesSovereignDebt - Long3.8%
Kotak Mahindra Bank Ltd. (derivative short)Financial ServicesEquity - Short (Derivative)-3.6%
Kotak Mahindra Bank Ltd.Financial ServicesEquity - Long3.5%
ICICI Bank Ltd. (derivative short)Financial ServicesEquity - Short (Derivative)-3.4%
ICICI Bank Ltd.Financial ServicesEquity - Long3.3%
HDFC Bank Ltd. (derivative short)Financial ServicesEquity - Short (Derivative)-3.1%
Axis Bank Ltd. (derivative short)Financial ServicesEquity - Short (Derivative)-3.1%
HDFC Bank Ltd.Financial ServicesEquity - Long3.1%
Reliance Industries Ltd. (derivative short)Oil, Gas & Consumable FuelsEquity - Short (Derivative)-3.0%
Reliance Industries Ltd.Oil, Gas & Consumable FuelsEquity - Long3.0%
Axis Bank Ltd.Financial ServicesEquity - Long3.0%
Cash, Cash Equivalents, Derivative Margin & OthersCash & Equivalents3.0%
Brookfield India Real Estate TrustRealtyREIT0.9%

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
SIF-14
ISIN (Direct, Growth)
INF200K30049
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