Magnum Hybrid Long-Short Fund

Benchmark Index: NIFTY 50 Hybrid Composite Debt 50:50 Index

Plan: Regular Growth

NAV

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Minimum Investment Amount:Purchase: Rs.10,00,000/- plus in multiple of Re.1 thereafter.
Minimum Investment for SIP:Rs.10,000/- and multiple of Re.1/- (subject to minimum investment of ₹10 lakh)
Exit Load:• Any redemption or switch-out in excess of the limit shall be subject to the following exit load: 0.50 % if the investment is redeemed on or before 15 days from the date of allotment of units.
• 0.25 % if the investment is redeemed after 15 days but on or before 1 month from the date of allotment of units.
• No Exit Load will be charged if investment is redeemed after 1 month from the date of allotment of units

This product is suitable for investors who are seeking

Long term Capital appreciation • An Interval investment strategy investing predominantly in equity and debt securities, including limited short exposure in equity and debt through derivatives

Risk Band Level 2

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Fund Details (Magnum Hybrid Long-Short Fund)

Investment 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. There is no assurance that the investment objective of the Investment strategy will be achieved.

Category of SchemeHybrid Long-Short Fund
Type of SchemeAn Interval investment strategy investing predominantly in equity and debt securities, including limited short exposure in equity and debt through derivatives.
Inception Date1st Oct 2025
Lock in PeriodRedemption - Two Times in a week (Monday & Thursday) or any lesser redemption frequency as may be decided by the AMC.
Minimum Application AmountDuring NFO: - Rs. 10 Lakhs and in multiples of Re.1 thereafter On continuous basis: Rs. 10 Lakhs and in multiples of Re.1 thereafter Switches between Investment Strategies of Magnum SIF are allowed and the minimum switch amount shall be Rs. 100,000/- and in multiples of Re. 1 thereafter.
Benchmark IndexNIFTY 50 Hybrid Composite Debt 50:50 Index
Load StructureExit Load- For Ongoing Basis: Any redemption or switch-out in excess of the limit shall be subject to the following exit load: 0.50 % if the investment is redeemed on or before 15 days from the date of allotment of units. 0.25 % if the investment is redeemed after 15 days but on or before 1 month from the date of allotment of units. No Exit Load will be charged if investment is redeemed after 1 month from the date of allotment of units.
Fund ManagerMr. Gaurav Mehta
Applicable NAVApplication & funds received before 3:00 PM (same day) → Same-day closing NAV applies.Application after 3:00 PM, but funds received by 3:00 PM next Business Day → Next Business Day closing NAV applies.Funds credited only on any later Business Day (regardless of application time) → Closing NAV of that later Business Day applies.
Risk FactorFor detailed scheme/securities related risk factors, please refer to the ISID (Investment Strategy Information Document)

Asset Allocation Pattern

InstrumentMinimumMaximum
Investment in equity and equity related instruments25%75%
Investments in Debt & Money Market instruments25%75%
Investments in REITs and InVITs0%20%

Investment strategy

This investment approach seeks to balance growth, income and risk management through a diversified portfolio across equity and equity-related instruments (approx. 65%–75%), debt and money market instruments (approx. 25%–35%), limited unhedged derivative short positions (0%–25%), and REITs/InvITs (0%–10%). The strategy further employs hedged derivative overlays (up to ~75% of portfolio) in equity and debt to manage volatility and capture arbitrage/covered-call opportunities. By dynamically adjusting exposures based on market conditions and rigorous asset selection (emphasising high-quality equities, investment-grade debt, REITs/InvITs), the strategy emphasises active risk management, regular income generation and long-term capital appreciation within a disciplined interval investment framework.