NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹9.96
0.17%
NAV as on 31 Mar 26, 12:00 AM
moderately low risk
sif
sif
NAV as on 31 Mar 26, 12:00 AM
moderately low risk
sif
sif
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
-0.21%p.a.
Since Inception
About Magnum Hybrid Long Short Fund Plan - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Magnum Hybrid Long Short Fund Plan - Growth scheme from SBI Mutual Fund. It is a SIF mutual fund scheme that predominantly invests in SIF stocks of companies. Launched on Oct 2025, Magnum Hybrid Long Short Fund Plan - Growth is SIF fund of its category with 3,314.55 Cr fund under management as on Jan 2026. The expense ratio of this fund is less than that of most other Fund category SIF funds.
- Magnum Hybrid Long Short Fund Plan - Growth delivered 0.0% annual returns during the last year. It has delivered -0.2% average annual returns since the fund was launched.
- Magnum Hybrid Long Short Fund Plan - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in sif
Fund Objective
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.
Top 10 Holdings
0
24.24%
0
15.85%
0
12.70%
0
9.90%
0
9.08%
0
6.55%
0
6.31%
0
5.63%
Infosys Ltd
4.92%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25A 7.70 BD 30SP27 FVRS1LAC
4.52%
Fund Managers
- Gaurav Mehta (Oct 2025 - Present)
Key Information
View Scheme Document
Magnum Hybrid Long Short Fund Plan - Growth SIP Calculator
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NRI Mutual Fund Tax on Magnum Hybrid Long Short Fund Plan - Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Magnum Hybrid Long Short Fund Plan - Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Magnum Hybrid Long Short Fund Plan - Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Frequently Asked Questions
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