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Magnum Hybrid Long Short Fund - Direct Plan - IDCW

NAVs of 6 Nov 2026

Magnum SIF · Specialised Investment Fund · Direct plan · IDCW

SIFHybrid Long-Short FundDirect · IDCWRisk: LowInterval Fund
NAV · 5 Nov 2026
₹10.4984 ▲ 0.46%
Magnum SIF
Fund size₹3,899 crJuly - September 2026
1-month range₹10.24 – 10.50
Since launch+4.53%from 1 Oct 2025
Expense ratio0.90%direct plan, a year
Minimum₹10 lakhacross a fund house's SIFs

What the fund does

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.

BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index
Launched1 Oct 2025
TypeInterval Fund
Fund houseMagnum SIF
Fund managersGaurav Mehtasince 29 Oct 2025

NAV history

101011 2026-08-112026-08-242026-09-042026-09-182026-10-012026-10-152026-10-29

Returns

1 week
+1.65%avg 1.5%
1 month
+0.84%avg 1.1%
3 months
-0.58%avg 2.9%
6 months
+2.09%avg 7.3%
This year
+2.70%avg 10.9%
1 year
+4.96%avg 14.8%

Bars: this plan; the thin mark is the Hybrid Long-Short Fund average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

YearJanFebMarAprMayJunJulAugSepOctNovDec
2025-0.3+1.2+1.0
2026-0.8+0.8-2.2+2.3+0.7+1.4+0.9+0.9-2.3-0.6+1.7

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Worked out from this plan's actual NAVs. SIF minimum: ₹10 lakh in total. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Stocks held36135 lines in all
Top 10 stocks27.9%of the fund
Short positions-1.3%sold through derivatives
Net equity65.7%long stocks and derivatives minus shorts

Where the money is

Equity 66.2%Derivatives (long) 0.8%Debt 18.9%Money market 7.0%Cash & others 7.8%Short -1.3%

Sectors (stocks held)

Banks
16.8%
Pharmaceuticals & Biotechnology
6.2%
Automobiles
5.6%
Retailing
5.3%
Finance
4.7%
Insurance
3.7%
Transport Services
2.9%
Petroleum Products
2.6%

Credit quality (debt and money market)

AAA
13.4%
Sovereign
10.6%
AA
1.9%

Stocks held 36

HoldingSector / type% of fund
HDFC Bank Ltd.
INE040A01034		Banks3.75%
Kotak Mahindra Bank Ltd.
INE237A01036		Banks3.59%
Biocon Ltd.
INE376G01013		Pharmaceuticals & Biotechnology2.92%
ICICI Bank Ltd.
INE090A01021		Banks2.91%
Axis Bank Ltd.
INE238A01034		Banks2.83%
Reliance Industries Ltd.
INE002A01018		Petroleum Products2.61%
Adani Ports and Special Economic Zone Ltd.
INE742F01042		Transport Infrastructure2.43%
Avenue Supermarts Ltd.
INE192R01011		Retailing2.39%
HDFC Life Insurance Company Ltd.
INE795G01014		Insurance2.30%
Sun Pharmaceutical Industries Ltd.
INE044A01036		Pharmaceuticals & Biotechnology2.21%
Maruti Suzuki India Ltd.
INE585B01010		Automobiles2.11%
Indus Towers Ltd.
INE121J01017		Telecom - Services2.02%
ITC Ltd.
INE154A01025		Diversified FMCG2.02%
Bank of Baroda
INE028A01039		Banks1.98%
Mahindra & Mahindra Ltd.
INE101A01026		Automobiles1.98%
Bajaj Finserv Ltd.
INE918I01026		Finance1.79%
State Bank of India
INE062A01020		Banks1.77%
Delhivery Ltd.
INE148O01028		Transport Services1.68%
Oil & Natural Gas Corporation Ltd.
INE213A01029		Oil1.63%
Eternal Ltd.
INE758T01015		Retailing1.61%
Asian Paints Ltd.
INE021A01026		Consumer Durables1.60%
Bajaj Finance Ltd.
INE296A01032		Finance1.55%
Eicher Motors Ltd.
INE066A01021		Automobiles1.55%
Infosys Ltd.
INE009A01021		IT - Software1.46%
BSE Ltd.
INE118H01025		Capital Markets1.40%
Life Insurance Corporation of India
INE0J1Y01017		Insurance1.39%
Muthoot Finance Ltd.
INE414G01012		Finance1.36%
Larsen & Toubro Ltd.
INE018A01030		Construction1.33%
Hindustan Zinc Ltd.
INE267A01025		Non - Ferrous Metals1.28%
Swiggy Ltd.
INE00H001014		Retailing1.26%
Shiprocket Ltd.
INE0FOO01011		Transport Services1.21%
360 ONE WAM Ltd.
INE466L01038		Capital Markets1.18%
Cipla Ltd.
INE059A01026		Pharmaceuticals & Biotechnology1.08%
Adani Enterprises Ltd.
INE423A01024		Metals & Minerals Trading0.88%
Powerica Ltd.
INE921L01032		Electrical Equipment0.64%
Elevate Campuses Ltd.
INE147X01013		Realty0.45%

Short positions 34

HoldingSector / type% of fund
Net Receivable / Payable–-0.74%
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%
Bank of Baroda (CALL Option)Banks-0.03%
HDFC Bank Ltd. (CALL Option)Banks-0.03%
Infosys Ltd. (CALL Option)IT - Software-0.03%
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%
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%

Derivatives, debt, money market and cash 65

HoldingSector / type% of fund
TREPS–3.73%
Raajmarg Infra Investment Trust
INE2PB023011		Transport Infrastructure2.70%
91 DAY T-BILL 24.12.26
IN002026X255		Sovereign2.48%
7.37% CGL 2028
IN0020230101		Sovereign2.04%
Cholamandalam Investment & Finance Co. Ltd.Perpetual
INE121A08QA7		[ICRA]AA1.92%
91 DAY T-BILL 03.12.26
IN002026X222		Sovereign1.37%
7.06% CGL 2028
IN0020230010		Sovereign1.27%
364 DAY T-BILL 02.10.26
IN002025Z278		Sovereign1.26%
Power Finance Corporation Ltd.
INE134E08NP7		CRISIL AAA1.25%
91 DAY T-BILL 12.11.26
IN002026X198		Sovereign1.25%
Small Industries Development Bank of India
INE556F08KS8		CRISIL AAA1.24%
Small Industries Development Bank of India
INE556F08LC0		CRISIL AAA1.24%
Bharti Telecom Ltd.
INE403D08280		CRISIL AAA1.23%
Toyota Financial Services India Ltd.
INE692Q07613		[ICRA]AAA1.23%
REC Ltd.
INE020B08FR6		CRISIL AAA1.00%
Small Industries Development Bank of India
INE556F08KZ3		CRISIL AAA0.98%
Bharti Telecom Ltd.
INE403D08306		CRISIL AAA0.87%
Brookfield India Real Estate Trust
INE0FDU25010		Realty0.84%
Altius Telecom Infrastructure Trust
INE0BWS23018		Telecom - Services0.82%
REC Ltd.
INE020B08EA5		CRISIL AAA0.63%
91 DAY T-BILL 08.10.26
IN002026X149		Sovereign0.63%
Small Industries Development Bank of India
INE556F08KU4		CRISIL AAA0.62%
Aditya Birla Housing Finance Ltd.
INE831R07573		CRISIL AAA0.62%
Mahindra Rural Housing Finance Ltd.
INE950O07529		CRISIL AAA0.62%
Bajaj Finance Ltd.
INE296A07TJ4		CRISIL AAA0.62%
Aditya Birla Capital Ltd.
INE674K07069		CRISIL AAA0.62%
Bharti Telecom Ltd.
INE403D08298		CRISIL AAA0.61%
Indus Infra Trust
INE0NHL23019		Transport Infrastructure0.31%
7.38% CGL 2027
IN0020220037		Sovereign0.25%
Margin amount for Derivative positions–0.10%
Reliance Industries Ltd. (PUT Option)Petroleum Products0.05%
Mahindra & Mahindra Ltd. (PUT Option)Automobiles0.04%
Biocon Ltd. (PUT Option)Pharmaceuticals & Biotechnology0.04%
Eternal Ltd. (PUT Option)Retailing0.04%
ICICI Bank Ltd. (PUT Option)Banks0.03%
Infosys Ltd. (PUT Option)IT - Software0.03%
Bajaj Finserv Ltd. (PUT Option)Finance0.03%
Bajaj Finance Ltd. (PUT Option)Finance0.03%
HDFC Life Insurance Company Ltd. (PUT Option)Insurance0.03%
HDFC Bank Ltd. (PUT Option)Banks0.03%
BSE Ltd. (PUT Option)Capital Markets0.03%
Hindustan Zinc Ltd. (PUT Option)Non - Ferrous Metals0.03%
Eicher Motors Ltd. (PUT Option)Automobiles0.02%
360 ONE WAM Ltd. (PUT Option)Capital Markets0.02%
Adani Ports and Special Economic Zone Ltd. (PUT Option)Transport Infrastructure0.02%
Maruti Suzuki India Ltd. (PUT Option)Automobiles0.02%
Sun Pharmaceutical Industries Ltd. (PUT Option)Pharmaceuticals & Biotechnology0.02%
Bank of Baroda (PUT Option)Banks0.02%
Indus Towers Ltd. (PUT Option)Telecom - Services0.02%
Delhivery Ltd. (PUT Option)Transport Services0.02%
Oil & Natural Gas Corporation Ltd. (PUT Option)Oil0.02%
Cipla Ltd. (PUT Option)Pharmaceuticals & Biotechnology0.02%
Axis Bank Ltd. (PUT Option)Banks0.02%
Muthoot Finance Ltd. (PUT Option)Finance0.02%
Avenue Supermarts Ltd. (PUT Option)Retailing0.02%
Kotak Mahindra Bank Ltd. (PUT Option)Banks0.02%
Swiggy Ltd. (PUT Option)Retailing0.02%
ITC Ltd. (PUT Option)Diversified FMCG0.02%
State Bank of India (PUT Option)Banks0.01%
Asian Paints Ltd. (PUT Option)Consumer Durables0.01%
State Bank of India (PUT Option)Banks0.01%
Avenue Supermarts Ltd. (PUT Option)Retailing0.01%
Adani Enterprises Ltd. (PUT Option)Metals & Minerals Trading0.01%
Larsen & Toubro Ltd. (PUT Option)Construction0.01%
Life Insurance Corporation of India (PUT Option)Insurance0.01%

From the fund house's monthly portfolio (sbimf.com), as on 30 Sept 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.

Risk

Volatility4.0%yearly, from daily NAVs
Worst fall-3.88%25 Aug 2026 → 23 Oct 2026
RiskometerLowRisk Band 1

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 29 Oct 2025). SIF track records are short, so these figures are provisional.

Fund details

Fund size (average AUM, July - September 2026)₹3,899 cr across all plans · this plan ₹9.48 cr
Fund houseMagnum SIF · website
CategorySIF · Hybrid Long-Short Fund
PlanDirect
OptionIDCW
Expense ratio (TER)Direct 0.90% · Regular 1.51% (4 Nov 2026)
Minimum investment₹10,00,000 · additional ₹10,000
Scheme code (AMFI)SIF-15
ISININF200K30056
NAV date5 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

PlanNAVSince launch
Direct · Growth₹10.4924+4.47%
Regular · Growth₹10.4166+3.75%
Regular · IDCW₹10.4157+3.74%

Top Hybrid Long-Short Fund funds (direct plans)

FundSince launch1 month
qsif Hybrid Long-Short Fund+28.23%+0.63%
Altiva Hybrid Long-Short Fund+10.38%+0.23%
Magnum Hybrid Long Short Fund+4.47%+0.84%

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Information only, not investment advice.

What is the NAV of Magnum Hybrid Long Short Fund - Direct Plan - IDCW today?

₹10.4984 as of 5 Nov 2026, from AMFI's official NAV data.

What are the returns of Magnum Hybrid Long Short Fund - Direct Plan - IDCW?

1 year: 4.96%

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.

What is the minimum investment in a SIF?

₹10 lakh across an investor's SIF investments with the fund house (accredited investors are exempt).