SBI Mutual Fund SIF launches Magnum Equity Ex Top 100 Long Short Fund

NFO period: 07^th Aug - 20^th Aug, 2026

Highlights of the NFO:

• Scheme type - An open-ended investment strategy predominantly investing in equity and equity related instruments including limited short exposure in equity through derivative instruments, of stocks other than large cap stocks.


• Investment objective - The investment objective of the strategy is to generate long-term capital appreciation by investing primarily in equity and equity-related instruments of stocks outside the top 100 by market capitalization, while utilizing limited short exposure through derivatives to enhance returns and/or manage risk. There is no assurance that the investment objective of the Investment strategy will be achieved.


• Product suitability - This product is suitable for investors who are seeking to generate long term Capital appreciation. An open-ended investment strategy investing in equity and equity related instruments including limited short exposure in equity through derivative instruments, of stocks other than large cap stocks.


• Minimum Application Amount - Rs. 1,00,000 per application and in multiples of Re. 1 thereafter


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Managers - Mr. Gaurav Mehta


• Benchmark - BSE 500 TRI