Magnum Hybrid Long-Short Fund
A Specialised Investment Fund from SBI Funds Management Ltd. following the Hybrid Long-Short Fund strategy (Hybrid). NAV and returns from AMFI's official SIF NAV file; latest NAV date 27 Oct 2026.
| Plan · option | NAV (₹) | NAV date | 1M | 3M | 6M | 1Y | Since first NAV | Details |
|---|---|---|---|---|---|---|---|---|
| Regular · Growth Magnum Hybrid Long Short Fund - Regular Plan - Growth · ISIN INF200K30015 | 10.1853 | 27 Oct 2026 | −2.1% | −2.4% | +0.2% | n/a | +1.5% | Charts & data |
| Regular · IDCW Magnum Hybrid Long Short Fund - Regular Plan - Income Distribution Cum Capital Withdrawal · ISIN INF200K30023 | 10.1844 | 27 Oct 2026 | −2.1% | −2.4% | +0.2% | n/a | +1.5% | Charts & data |
| Direct · Growth Magnum Hybrid Long Short Fund - Direct Plan - Growth · ISIN INF200K30049 | 10.2579 | 27 Oct 2026 | −2.0% | −2.2% | +0.5% | n/a | +2.2% | Charts & data |
| Direct · IDCW Magnum Hybrid Long Short Fund - Direct Plan - Income Distribution Cum Capital Withdrawal · ISIN INF200K30056 | 10.2638 | 27 Oct 2026 | −2.0% | −2.2% | +0.5% | n/a | +2.3% | Charts & data |
Returns are absolute for periods under a year, calculated from AMFI NAVs. Regular plans include the distributor's commission in the expense ratio; Direct plans do not. IDCW options pay out part of the gains, so after a payout their NAV and returns are lower than the Growth option's. "Plan not stated": AMFI's name for that scheme code does not say Direct or Regular.
- Scheme type
- Interval Fund
- Launch
- 23 Oct 2025
- Expense ratio (TER)
- Regular 5.49% · Direct 4.21% a year (as of 15 Sep 2026)
- Exit load
- 0.50% on or before 15D, 0.25% after 15D but on on or before 30D, Nil after 30D
- Benchmark
- NIFTY 50 Hybrid Composite Debt 50:50 Index TRI
- Risk band
- not yet published in our data
- Volatility (annualised)
- 4.0%
- Largest fall from a peak
- −4.0% (25 Aug 2026 to 23 Oct 2026)
SIFs are new (the oldest NAV in AMFI's SIF file dates from 8 Oct 2025), so these figures cover a short period and say little about how the strategy behaves over a full market cycle.
- Equity
- 68.8%
- Debt
- 17.0%
- Cash & Equivalents
- 12.1%
Long-short funds can hold derivative positions that change exposure without changing these percentages. Read the latest monthly portfolio on the fund house's website.
- Closest mutual fund comparison
- Loosely comparable to an aggressive/multi-asset hybrid fund, with added derivative and short-side flexibility
- Role in a portfolio
- "Hybrid" describes the mix of asset classes, not a lower risk level by default — the actual risk/return balance depends entirely on the specific strategy's construction, disclosed in its own Scheme Information Document.
- What is the minimum investment in Magnum Hybrid Long-Short Fund?
- SEBI's rules for Specialised Investment Funds set a minimum of ₹10 lakh per investor across all SIF strategies of a fund house (accredited investors are exempt). Check the scheme documents for this fund's own terms.
- What kind of SIF is Magnum Hybrid Long-Short Fund?
- It is an Hybrid SIF following the Hybrid Long-Short Fund strategy, as named in AMFI's NAV file. Loosely comparable to an aggressive/multi-asset hybrid fund, with added derivative and short-side flexibility
- Where does the NAV of Magnum Hybrid Long-Short Fund come from?
- From AMFI's official SIF NAV file. The latest NAV shown is ₹10.1853 on 27 Oct 2026 for the Regular plan, Growth option.