Magnum SIF (SBI Mutual Fund) — SIF Funds

Listed by AMFI as "Magnum SIF". Magnum SIF is SBI Mutual Fund's SIF offering.

Magnum SIF offers 8 SIF schemes across 2 strategies (Equity Ex-Top 100 Long-Short Fund, Hybrid Long-Short Fund), structured as Open Ended Schemes and Interval Fund Schemes schemes. Combined average AUM across these schemes is ₹3,50,686.05 lakh.

SchemeStrategyPlan / OptionLatest NAVAUM (₹ lakh)
Magnum Equity Ex-Top 100 Long Short Fund - Direct Plan - Growth Equity Ex-Top 100 Long-Short Fund Direct / Growth ₹9.9854 -
Magnum Equity Ex-Top 100 Long Short Fund - Direct Plan - IDCW Equity Ex-Top 100 Long-Short Fund Direct / IDCW ₹9.9854 -
Magnum Equity Ex-Top 100 Long Short Fund - Regular Plan - Growth Equity Ex-Top 100 Long-Short Fund Regular / Growth ₹9.9825 -
Magnum Equity Ex-Top 100 Long Short Fund - Regular Plan - IDCW Equity Ex-Top 100 Long-Short Fund Regular / IDCW ₹9.9825 -
Magnum Hybrid Long Short Fund - Direct Plan - Growth Hybrid Long-Short Fund Direct / Growth ₹10.5939 1,74,995.47
Magnum Hybrid Long Short Fund - Direct Plan - Income Distribution Cum Capital Withdrawal Hybrid Long-Short Fund Direct / IDCW ₹10.5999 1,524.53
Magnum Hybrid Long Short Fund - Regular Plan - Growth Hybrid Long-Short Fund Regular / Growth ₹10.5284 1,73,724.47
Magnum Hybrid Long Short Fund - Regular Plan - Income Distribution Cum Capital Withdrawal Hybrid Long-Short Fund Regular / IDCW ₹10.5275 441.58

How to Invest in Magnum SIF

You can invest in Magnum SIF directly through SBI Mutual Fund's own website or office, or through a SEBI-registered distributor or Registered Investment Adviser (RIA). Some brokerage platforms (Zerodha's Coin app, for example) also support SIF transactions directly, though platform coverage varies by AMC -- check the app's SIF section for current availability.

Whichever route you use, you'll need completed KYC and enough capital to meet the ₹10,00,000 minimum (aggregated at the PAN level across all of SBI Mutual Fund's SIF strategies, not per scheme). Read the full guide to investing in SIF funds →

Minimum investment for any Magnum SIF SIF strategy is ₹10,00,000, aggregated at the PAN level across all SIF strategies offered by this AMC. Learn more →