Which is Better: Hybrid Long-Short Fund – Magnum SIF vs Prism SIF?

Both funds follow the Hybrid Long-Short Fund strategy — same category, different fund house.

Magnum Hybrid Long Short Fund - Direct Plan - GrowthPrism Hybrid Long-Short Fund - Direct Plan - Growth Option
AMCMagnum SIFPrism SIF
StrategyHybrid Long-Short FundHybrid Long-Short Fund
StructureInterval Fund SchemesInterval Fund Schemes
Plan / OptionDirect / GrowthDirect / Growth
Latest NAV₹10.5939₹10.2026
1-Day Change +0.06% +0.26%
1-Week Change -0.40% +0.55%
1-Month Change +0.05% +1.15%
1-Quarter Change +3.23% - (not enough history)
1-Year Change - (not enough history) - (not enough history)
Since-InceptionCAGR once ≥1yr old, else absolute return +5.56%
Absolute · 309d
+1.87%
Absolute · 42d
All-Time High / Low ₹10.6474 / ₹9.9934
since 29 Oct 2025
₹10.2026 / ₹10.0115
since 23 Jul 2026
Minimum Investment₹10,00,000 for both (SEBI-mandated SIF minimum, PAN-level per AMC)
Average AUM ₹1,74,995.47 lakh
April - June 2026
Not yet available
Expense Ratio (TER) Not yet available 2.41%
Fund Manager Not yet available Not yet available
Benchmark Not yet available NIFTY 50 Hybrid Composite Debt 50:50 Index (TRI)
Risk Level Not yet available Risk Band Level 1
Comparisons are based on NAV data only. Fund manager, AUM, expense ratio, and portfolio composition are not part of the daily NAV feed — check each fund's Scheme Information Document (SID) for those details. Trailing returns use the NAV on the closest available trading day to each period's start date, and show "-" when a fund's history doesn't yet reach back that far.