Key Offer Details
- Opening date
- 07 Aug 2026
- Closing date
- 20 Aug 2026
- Scheme type
- Open-Ended
- NAV
- ₹10
- Min. invst.
- ₹10,00,000
- Min. SIP
- ₹10,000
About Ex,Top 100 Long,Short Fund
-
Scheme Info
- Plan
- Direct
- Lock in
- None
- Exit Load
- 1%
1% on or before 3M, NIL after 3M
- Expense Ratio
- 0%
- Benchmark
- BSE 500 - TRI
Scheme 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.
AMC Profile
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- Total AUM
- ₹ 3,646.60 Cr
- No. of schemes
- 1
Peers
Peers & Comparison
Comparing 4 mutual funds from
EquityEx,Top 100 Long,Short Fund Frequently asked questions
Frequently asked questions
What is Magnum Equity Ex-Top 100 Long-Short Fund?
Magnum Equity Ex-Top 100 Long-Short Fund is an open-ended Ex,Top 100 Long,Short Fund scheme launched by SBI Funds Management Ltd. - SIF, investing primarily in Equity. It is benchmarked against BSE 500 - TRI and offered in Direct and Regular plans with Growth and IDCW options.
What is the open date of Magnum Equity Ex-Top 100 Long-Short Fund NFO?
The NFO of Magnum Equity Ex-Top 100 Long-Short Fund opens for subscription on 07 Aug 2026.
What is the close date of Magnum Equity Ex-Top 100 Long-Short Fund NFO?
The NFO of Magnum Equity Ex-Top 100 Long-Short Fund closes for subscription on 20 Aug 2026. Applications must be submitted before this date for allotment at the NFO offer price.
What is the minimum lumpsum investment in Magnum Equity Ex-Top 100 Long-Short Fund?
The minimum lumpsum investment in Magnum Equity Ex-Top 100 Long-Short Fund is ₹10,00,000.
What is the minimum SIP amount for Magnum Equity Ex-Top 100 Long-Short Fund?
The minimum SIP amount for Magnum Equity Ex-Top 100 Long-Short Fund is ₹10,000 per SIP installment.
Who is the fund manager of Magnum Equity Ex-Top 100 Long-Short Fund?
Magnum Equity Ex-Top 100 Long-Short Fund is managed by Gaurav Mehta, who has 12 years of fund management experience and also manages 1 other scheme at SBI Funds Management Ltd. - SIF.
Is Magnum Equity Ex-Top 100 Long-Short Fund a good investment?
Magnum Equity Ex-Top 100 Long-Short Fund is a new scheme with no performance track record yet, so it should be evaluated on Gaurav Mehta's experience, SBI Funds Management Ltd. - SIF's record on similar schemes, the fund's Equity strategy, and fit with an investor's existing portfolio — not past returns.
What type of fund is Magnum Equity Ex-Top 100 Long-Short Fund?
Magnum Equity Ex-Top 100 Long-Short Fund is categorized as a Ex,Top 100 Long,Short Fund scheme under SEBI's mutual fund classification — investing at least 35% each in large-cap and mid-cap stocks (for Large & Mid Cap funds).
Is there a lock-in period or exit load for Magnum Equity Ex-Top 100 Long-Short Fund?
Magnum Equity Ex-Top 100 Long-Short Fund has no lock-in period and an exit load of 1% if redeemed within 3 months of investment.
