GMP IPO Watch
Hybrid Investment Strategies - Hybrid Long-Short Fund
Magnum Hybrid Long Short Fund
Direct Plan · IDCW · Magnum SIF
Risk: Low to Moderate Risk
52W Low ₹9.99 7 Nov 2025
52W High ₹10.65 25 Aug 2026
₹10.4502
NAV as of 4 Nov 2026
+0.18% day change
Other Plans of This Fund
ISININF200K30056
Scheme CodeSIF-15
StructureInterval Fund Schemes
AUM (avg. July - September 2026)₹9.48 Cr
Expense Ratio (as of 29 Oct 2026)0.92%
Min. InvestmentNFO-10 Lakhs and in multiples of Re1 thereafter.
Inception Date30 Sept 2025
Returns
1Y
+4.14%
Since Inception
+3.90%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +1.64% | +1.24% | 4 of 11 |
| 1M | +0.81% | +0.64% | 6 of 11 |
| 3M | -1.53% | +1.55% | 10 of 11 |
| 6M | +2.00% | +6.20% | 6 of 7 |
| YTD | +1.89% | +5.31% | 10 of 11 |
| 1Y | +4.14% | +12.00% | 3 of 3 |
| INCEPTION | +3.90% | — | — |
Ranked among: Hybrid Investment Strategies - Hybrid Long-Short Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.16% | +4.91% | -2.52% | 71% | 28% |
| 6M | +2.82% | +5.42% | +0.42% | 100% | 41% |
| 1Y | +3.43% | +4.14% | +2.91% | 100% | 41% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity70.82%
- Debt25.85%
- Cash3.09%
- Other0.24%
Market Cap Split
- Large Cap56.81%
- Mid Cap6.18%
- Small Cap7.83%
- Others29.18%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 19.38 | 21.20 |
| P/B | 2.55 | 2.67 |
| Price / Sales | 2.49 | 2.74 |
| Price / Cash Flow | 14.04 | 11.96 |
| Dividend Yield (%) | 1.71 | 2.52 |
Holdings64
Top 5 Stocks16.00%
Top 10 Stocks28.43%
Top 3 Sectors28.68%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| HDFC Bank | Banks | 3.75% | +1.00% |
| TREPS | Reverse Repo / TREPS | 3.73% | — |
| Kotak Bank | Banks | 3.59% | -0.01% |
| Biocon | Pharmaceuticals & Biotechnology | 2.92% | +0.53% |
| ICICI Bank | Banks | 2.91% | -0.28% |
| Axis Bank | Banks | 2.83% | -0.15% |
| Raajmarg Infra Investment Trust | Transport Infrastructure | 2.70% | +0.00% |
| Reliance Industries | Petroleum Products | 2.61% | -0.19% |
| 91TB241226 | Money Market | 2.48% | — |
| Adani Ports & SEZ | Transport Infrastructure | 2.43% | +0.29% |
| Avenue Supermarts DMart | Retailing | 2.39% | -0.05% |
| HDFC Life Insurance | Insurance | 2.30% | -0.08% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 2.21% | -0.19% |
| Maruti Suzuki | Automobiles | 2.11% | -0.26% |
| GOI LOAN 7.37% 2028 | Debt | 2.04% | +0.00% |
View all 138 holdings
| Indus Towers | Telecom - Services | 2.02% | -0.08% |
| ITC | Diversified FMCG | 2.02% | +0.07% |
| Bank of Baroda | Banks | 1.98% | +0.44% |
| Mahindra & Mahindra | Automobiles | 1.98% | -0.21% |
| Cholamandalam Investment & Finance Co. Ltd.Perpetual | Debt | 1.92% | — |
| Bajaj Finserv | Finance | 1.79% | -0.29% |
| State Bank of India | Banks | 1.77% | -0.17% |
| Delhivery | Transport Services | 1.68% | -0.18% |
| Oil & Natural Gas Corporation | Oil | 1.63% | -0.03% |
| Eternal | Retailing | 1.61% | -0.03% |
| Asian Paints | Consumer Durables | 1.60% | -0.16% |
| Bajaj Finance | Finance | 1.55% | -0.15% |
| Eicher Motors | Automobiles | 1.55% | -0.16% |
| Infosys | IT - Software | 1.46% | -0.19% |
| BSE | Capital Markets | 1.40% | — |
| LIC of India | Insurance | 1.39% | -0.07% |
| 91TB031226 | Money Market | 1.37% | — |
| Muthoot Finance | Finance | 1.36% | -0.11% |
| Larsen & Toubro | Construction | 1.33% | -0.09% |
| Hindustan Zinc | Non - Ferrous Metals | 1.28% | -0.06% |
| 706GS28M23 | Debt | 1.27% | +0.00% |
| Swiggy | Retailing | 1.26% | — |
| 364 DAY T-BILL 02.10.26 | Money Market | 1.26% | -0.61% |
| Power Finance Corporation Ltd. | Debt | 1.25% | +0.00% |
| 91TB121126 | Money Market | 1.25% | +0.01% |
| Small Industries Development Bank of India | Debt | 1.24% | +0.00% |
| Small Industries Development Bank of India | Debt | 1.24% | — |
| Bharti Telecom Ltd. | Debt | 1.23% | +0.00% |
| Toyota Financial Services India Ltd. | Debt | 1.23% | +0.00% |
| Shiprocket | Transport Services | 1.21% | -0.22% |
| 360 One WAM | Capital Markets | 1.18% | -0.16% |
| Cipla | Pharmaceuticals & Biotechnology | 1.08% | -0.05% |
| REC Ltd. | Debt | 1.00% | +0.00% |
| Small Industries Development Bank of India | Debt | 0.98% | +0.00% |
| Adani Enterprises | Metals & Minerals Trading | 0.88% | +0.02% |
| Bharti Telecom Ltd. | Debt | 0.87% | +0.00% |
| Brookfield India Real Estate Trust | Realty | 0.84% | -0.01% |
| Altius Telecom Infrastructure Trust | Telecom - Services | 0.82% | +0.02% |
| Powerica | Electrical Equipment | 0.64% | +0.09% |
| REC Ltd. | Debt | 0.63% | +0.00% |
| 91 DAY T-BILL 08.10.26 | Money Market | 0.63% | +0.01% |
| Small Industries Development Bank of India | Debt | 0.62% | +0.00% |
| Aditya Birla Housing Finance Ltd. | Debt | 0.62% | +0.00% |
| Mahindra Rural Housing Finance Ltd. | Debt | 0.62% | +0.00% |
| Bajaj Finance Ltd. | Debt | 0.62% | +0.00% |
| Aditya Birla Capital Ltd. | Debt | 0.62% | +0.00% |
| Bharti Telecom Ltd. | Debt | 0.61% | +0.00% |
| Elevate Campuses | Realty | 0.45% | — |
| Indus Infra Trust | Transport Infrastructure | 0.31% | -0.08% |
| 738GOI2027 | Debt | 0.25% | +0.00% |
| Margin amount for Derivative positions | Net Current Assets | 0.10% | — |
| Reliance Industries Ltd. (PUT Option) | Petroleum Products | 0.05% | — |
| Mahindra & Mahindra Ltd. (PUT Option) | Automobiles | 0.04% | — |
| Biocon Ltd. (PUT Option) | Pharmaceuticals & Biotechnology | 0.04% | — |
| Eternal Ltd. (PUT Option) | Retailing | 0.04% | — |
| ICICI Bank Ltd. (PUT Option) | Banks | 0.03% | — |
| Infosys Ltd. (PUT Option) | IT - Software | 0.03% | — |
| Bajaj Finserv Ltd. (PUT Option) | Finance | 0.03% | — |
| Bajaj Finance Ltd. (PUT Option) | Finance | 0.03% | — |
| HDFC Life Insurance Company Ltd. (PUT Option) | Insurance | 0.03% | — |
| HDFC Bank Ltd. (PUT Option) | Banks | 0.03% | — |
| BSE Ltd. (PUT Option) | Capital Markets | 0.03% | — |
| Hindustan Zinc Ltd. (PUT Option) | Non - Ferrous Metals | 0.03% | — |
| Eicher Motors Ltd. (PUT Option) | Automobiles | 0.02% | — |
| 360 ONE WAM Ltd. (PUT Option) | Capital Markets | 0.02% | — |
| Adani Ports and Special Economic Zone Ltd. (PUT Option) | Transport Infrastructure | 0.02% | — |
| Maruti Suzuki India Ltd. (PUT Option) | Automobiles | 0.02% | — |
| Sun Pharmaceutical Industries Ltd. (PUT Option) | Pharmaceuticals & Biotechnology | 0.02% | — |
| Bank of Baroda (PUT Option) | Banks | 0.02% | — |
| Indus Towers Ltd. (PUT Option) | Telecom - Services | 0.02% | — |
| Delhivery Ltd. (PUT Option) | Transport Services | 0.02% | — |
| Oil & Natural Gas Corporation Ltd. (PUT Option) | Oil | 0.02% | — |
| Cipla Ltd. (PUT Option) | Pharmaceuticals & Biotechnology | 0.02% | — |
| Axis Bank Ltd. (PUT Option) | Banks | 0.02% | — |
| Muthoot Finance Ltd. (PUT Option) | Finance | 0.02% | — |
| Avenue Supermarts Ltd. (PUT Option) | Retailing | 0.02% | — |
| Kotak Mahindra Bank Ltd. (PUT Option) | Banks | 0.02% | — |
| Swiggy Ltd. (PUT Option) | Retailing | 0.02% | — |
| ITC Ltd. (PUT Option) | Diversified FMCG | 0.02% | — |
| State Bank of India (PUT Option) | Banks | 0.01% | — |
| Asian Paints Ltd. (PUT Option) | Consumer Durables | 0.01% | — |
| State Bank of India (PUT Option) | Banks | 0.01% | — |
| Avenue Supermarts Ltd. (PUT Option) | Retailing | 0.01% | — |
| Adani Enterprises Ltd. (PUT Option) | Metals & Minerals Trading | 0.01% | — |
| Larsen & Toubro Ltd. (PUT Option) | Construction | 0.01% | — |
| Life Insurance Corporation of India (PUT Option) | Insurance | 0.01% | — |
| Eicher Motors Ltd. (CALL Option) | Automobiles | 0.00% | — |
| 360 ONE WAM Ltd. (CALL Option) | Capital Markets | 0.00% | — |
| Cipla Ltd. (CALL Option) | Pharmaceuticals & Biotechnology | 0.00% | — |
| ITC Ltd. (CALL Option) | Diversified FMCG | -0.01% | — |
| Biocon Ltd. (CALL Option) | Pharmaceuticals & Biotechnology | -0.01% | — |
| Larsen & Toubro Ltd. (CALL Option) | Construction | -0.01% | — |
| Eternal Ltd. (CALL Option) | Retailing | -0.01% | — |
| Reliance Industries Ltd. (CALL Option) | Petroleum Products | -0.01% | — |
| Bajaj Finserv Ltd. (CALL Option) | Finance | -0.01% | — |
| Mahindra & Mahindra Ltd. (CALL Option) | Automobiles | -0.01% | — |
| Maruti Suzuki India Ltd. (CALL Option) | Automobiles | -0.01% | — |
| State Bank of India (CALL Option) | Banks | -0.01% | — |
| Bajaj Finance Ltd. (CALL Option) | Finance | -0.01% | — |
| Life Insurance Corporation of India (CALL Option) | Insurance | -0.01% | — |
| 360 ONE WAM Ltd. (CALL Option) | Capital Markets | -0.01% | — |
| HDFC Life Insurance Company Ltd. (CALL Option) | Insurance | -0.01% | — |
| Sun Pharmaceutical Industries Ltd. (CALL Option) | Pharmaceuticals & Biotechnology | -0.01% | — |
| Adani Enterprises Ltd. (CALL Option) | Metals & Minerals Trading | -0.01% | — |
| Asian Paints Ltd. (CALL Option) | Consumer Durables | -0.01% | — |
| Oil & Natural Gas Corporation Ltd. (CALL Option) | Oil | -0.01% | — |
| Avenue Supermarts Ltd. (CALL Option) | Retailing | -0.01% | — |
| Biocon Ltd. (CALL Option) | Pharmaceuticals & Biotechnology | -0.01% | — |
| Hindustan Zinc Ltd. (CALL Option) | Non - Ferrous Metals | -0.02% | — |
| BSE Ltd. (CALL Option) | Capital Markets | -0.02% | — |
| ICICI Bank Ltd. (CALL Option) | Banks | -0.02% | — |
| Adani Ports and Special Economic Zone Ltd. (CALL Option) | Transport Infrastructure | -0.02% | — |
| Avenue Supermarts Ltd. (CALL Option) | Retailing | -0.02% | — |
| Delhivery Ltd. (CALL Option) | Transport Services | -0.02% | — |
| Swiggy Ltd. (CALL Option) | Retailing | -0.02% | — |
| Muthoot Finance Ltd. (CALL Option) | Finance | -0.02% | — |
| Bank of Baroda (CALL Option) | Banks | -0.03% | — |
| HDFC Bank Ltd. (CALL Option) | Banks | -0.03% | — |
| Infosys Ltd. (CALL Option) | IT - Software | -0.03% | — |
| Axis Bank Ltd. (CALL Option) | Banks | -0.04% | — |
| Indus Towers Ltd. (CALL Option) | Telecom - Services | -0.04% | — |
| Kotak Mahindra Bank Ltd. (CALL Option) | Banks | -0.04% | — |
| Net Receivable / Payable | Net Current Assets | -0.74% | — |
Sector Allocation · Sep 2026
View all 20 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 3.98 | 6.20 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.50 | 0.05 | Below Average |
| 3Y | -0.50 | 0.03 | Below Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.85% (published 2026-10-27).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.49 | 2.69 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.47 | — | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
qsif Hybrid Long-Short Fund
Direct Plan · Growth Option
|
+27.49% | — | — | +27.46% |
|
Altiva Hybrid Long-Short Fund
Direct Plan · IDCW
|
+5.15% | — | — | +5.25% |
|
Apex Hybrid Long-Short Fund
Direct Plan · GROWTH
|
— | — | — | +14.48% |
|
Arudha Hybrid Long-Short Fund
Regular Plan · Growth
|
— | — | — | +5.23% |
| iSIF Hybrid Long-Short Fund | — | — | — | +4.67% |
|
Titanium Hybrid Long-Short Fund
Regular Plan · IDCW Reinvestment Option
|
— | — | — | +0.71% |
|
INFINITY HYBRID LONG-SHORT FUND
Direct Plan · GROWTH
|
— | — | — | +12.98% |
|
Prism Hybrid Long - Short Fund
Regular Plan · Growth Option
|
— | — | — | +8.44% |
|
Platinum Hybrid Long-Short Fund
Direct Plan · Growth
|
— | — | — | +4.62% |
|
RedHex Hybrid Long-Short Fund
Regular Plan · Growth
|
— | — | — | +6.08% |
More From SBI Funds Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Magnum Equity Ex-Top 100 Long Short Fund
Direct Plan · IDCW
|
— | — | — | -23.05% |
About This Scheme
Investment Objective
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.
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
SBI Funds Management Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.