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Magnum Hybrid Long Short Fund - Direct Plan - Growth - Fund Details
SIFs / Fund Details

Magnum Hybrid Long Short Fund - Direct Plan - Growth

Current NAV
₹10.0913
as on 2026-03-18
Fund Type
Hybrid
Features
Expense Ratio (TER)
0.48%
Risk Level
1

About this Fund

An Interval investment strategy investing predominantly in equity and debt securities, including lim

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.

Risk Assessment

RISK BAND
LOWER RISK 1 2 3 4 5 HIGHER RISK
RISK-LEVEL 1 ↑

Scheme Information

Fund name Magnum Hybrid Long Short Fund - Direct Plan - Growth
ISIN INF200K30049
Fund type Hybrid
Plan type Direct
Current NAV ₹10.0913
Benchmark index NIFTY 50 Hybrid Composite Debt 50:50 Index
Fund manager Mr. Gaurav Mehta
Risk level 1
Expense ratio (TER) 0.48% as on 2026-01-25
AUM
SIP minimum 10000
Minimum Investment ₹1,000,000
Exit load 0.50% upto 15 days, 0.25% 16 days to 30 days, No Exit Load after 30 days
Redemption Frequency Two Times in a week (Monday & Thursday)
Tax Implication Debt STCG – as per Tax Slab upto 12 months ; Equity LTCG – 12.5% (holding >12 months).