Offer Price
₹10.00
Min. Investment
₹1000000
Open Date
01 Oct 2025
Close Date
15 Oct 2025
SIP Amount
₹10000
Fund Status
Magnum Hybrid Long Short Fund is a New Fund Offer (NFO) by SBI Funds Management Ltd. SIF categorized under Hybrid. The NFO is open for subscription from 01 Oct 2025 to 15 Oct 2025. Investors can subscribe with a lumpsum investment of ₹1,000,000. The offer price is ₹10.00 per unit. The fund will be managed by Gaurav Mehta. The fund has a risk rating of 'Low' with an expected expense ratio of 0.45%. It will benchmark against Nifty 50 Hybrid Composite Debt 50: 50 Total Return.
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 to 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.
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