Offer Price
₹10.00
Min. Investment
₹1000000
Open Date
07 Aug 2026
Close Date
20 Aug 2026
SIP Amount
₹10000
Magnum Equity Ex-Top 100 Long Short Fund is a New Fund Offer (NFO) by SBI Funds Management Ltd. SIF categorized under EquityEx-Top100 LS. The NFO is open for subscription from 07 Aug 2026 to 20 Aug 2026. Investors can subscribe with a lumpsum investment of ₹1,000,000. The offer price is ₹10.00 per unit. The fund will be managed by Gaurav Mehta. The fund has a risk rating of 'Moderate' . It will benchmark against BSE 500 Total Return.
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.
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