NAV on (10 Sep 2026 )
₹10.55 ▲
(+0.04%)
Fund Size
₹3799.5 Crores
1Y Returns
0.00 %
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.
Launch Date
October 1, 2025
Fund Manager
Mr. Gaurav Mehta
Initial Price
10
AUM Fund
3799.5 Cr
Min investment
Rs 1000000
Expense Ratio
1.03%
Daily - Rs. 10000/- and in multiples of Re. 1/- thereafter. Minimum 12 installments.Weekly - Rs. 10000/- and in multiples of Re. 1/- thereafter. Minimum 12 installments.Monthly - Rs. 10000/- and in multiples of Re. 1/- thereafter. Minimum 12 installments.Quarterly - Rs. 10000/- and in multiples of Re. 1/- thereafter. Minimum 4 installments. Semi Annual - Rs. 60000/- and in multiples of Re. 1/- thereafter. Minimum 2 installments.Annual - Rs. 60000/- and in multiples of Re. 1/- thereafter. Minimum 2 installments.
Any redemption or switch-out in excess of the limit shall be subject to the following exit load: 0.50 % if the investment is redeemed on or before 15 days from the date of allotment of units.0.25 % if the investment is redeemed after 15 days but on or before 1 month from the date of allotment of units.No Exit Load will be charged if investment is redeemed after 1 month from the date of allotment of units.
1 Month
-0.18%
6 Months
+4.21%
1 Year
NA
2 Years (CAGR)
NA
3 Years (CAGR)
NA
5 Years (CAGR)
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 0.00% | 0.00% | ₹213.71 | |
| 0.00% | 0.00% | ₹213.71 | |
| 0.00% | 0.00% | ₹213.71 | |
| 0.00% | 0.00% | ₹213.71 | |
| 0.00% | 0.00% | ₹7009.59 |
Q: What is the current NAV of Magnum Hybrid Long Short Fund - Direct Plan - Growth?
A: The latest NAV of Magnum Hybrid Long Short Fund - Direct Plan - Growth is ₹ 10.55 as on 10 Sep 2026.
Q: What type of mutual fund is Magnum Hybrid Long Short Fund - Direct Plan - Growth?
A: Magnum Hybrid Long Short Fund - Direct Plan - Growth is a 'Hybrid - Long Short' type mutual fund managed by 'SBI Funds Management Ltd. SIF'.
Q: What is the expense ratio of Magnum Hybrid Long Short Fund - Direct Plan - Growth?
A: The expense ratio of Magnum Hybrid Long Short Fund - Direct Plan - Growth is 1.03%, which impacts overall returns.
Q: Who manages Magnum Hybrid Long Short Fund - Direct Plan - Growth?
A: Magnum Hybrid Long Short Fund - Direct Plan - Growth is managed by Mr. Gaurav Mehta, who oversees investment strategy and portfolio decisions.
Q: Is Magnum Hybrid Long Short Fund - Direct Plan - Growth a good investment?
A: Magnum Hybrid Long Short Fund - Direct Plan - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Magnum Hybrid Long Short Fund - Direct Plan - Growth?
A: The exit load of Magnum Hybrid Long Short Fund - Direct Plan - Growth is Any redemption or switch-out in excess of the limit shall be subject to the following exit load: 0.50 % if the investment is redeemed on or before 15 days from the date of allotment of units.0.25 % if the investment is redeemed after 15 days but on or before 1 month from the date of allotment of units.No Exit Load will be charged if investment is redeemed after 1 month from the date of allotment of units., applicable if redeemed within the specified period.
Q: How is Magnum Hybrid Long Short Fund - Direct Plan - Growth taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
