Magnum Hybrid Long Short Fund

Magnum Hybrid Long Short Fund

Get the latest NAV of Magnum Hybrid Long Short Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹10.23

-0.4%1D

NAV as on 13 May 2026

2.23%/per year

Since Inception

Absolute Gain%

84 people have invested ₹ 2.4Cr in Magnum Hybrid Long Short Fund in the last three months

Magnum Hybrid Long Short Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (13-May-26)

The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.79%
-0.01%
1.9%
--
--
--
Nifty 500
10.5%
-1.72%
-4.33%
2.97%
14.23%
12.9%
Hybrid Long-Short Fund Avg
0.12%
0.05%
3.06%
--
--
--
Best in Hybrid Long-Short Fund
1.35%
2.28%
5.24%
--
--
--
Worst in Hybrid Long-Short Fund
1.21%
0.29%
2.51%
--
--
--

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Magnum Hybrid Long Short Fund
-
3,462Cr
0.47%
-
-
--
--
--
--
--
ICICI Prudential India Opportunities Fund
1/48
32,925Cr
0.67%
4.41%
22.08%
7.39
0.85
1.03
1.62
1.69
ICICI Prudential Business Cycle Fund
2/48
14,359Cr
0.75%
7.63%
21.7%
5.97
0.90
0.90
1.35
1.44
Nippon India Quant Fund
3/48
100Cr
0.53%
4.86%
18.6%
4.26
1.01
0.73
1.10
1.46

Magnum Hybrid Long Short Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit


Total Corpus

0

Absolute Return

Magnum Hybrid Long Short Fund Asset Allocation

See fund asset allocation details as on (13-Apr-26)

Fund Distribution

as on (13-Apr-26)

Large cap
55.9%

Mid cap
7.4%

Small cap
2.5%

Magnum Hybrid Long Short Fund Sector Allocation

See fund sector allocation details as on (13-Apr-26)

Sector Allocation

Top 3 Sectors in March were Corporate, Financial Services & Government

Mar'26

Corporate

48%

Financial Services

28%

Government

23%

Feb'26

Corporate

44%

Financial Services

27%

Government

22%

Magnum Hybrid Long Short Fund Holdings Details

as on (31-Mar-26)

Top Stocks bought last month
J.B. Chemicals & Pharmaceuticals Ltd's allocation increased from 0.48% to 2.62%
J.B. Chemicals & Pharmaceuticals Ltd's allocation increased from 0.48% to 2.62%
Axis Bank Ltd's allocation increased from 1.57% to 2.88%
Axis Bank Ltd's allocation increased from 1.57% to 2.88%
Sun Pharmaceuticals Industries Ltd's allocation increased from 1.77% to 2.51%
Sun Pharmaceuticals Industries Ltd's allocation increased from 1.77% to 2.51%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 3.31 % to 3.12 %
ICICI Bank Ltd's allocation decreased from 3.31 % to 3.12 %
Oil & Natural Gas Corp Ltd's allocation decreased from 3.06 % to 2.73 %
Oil & Natural Gas Corp Ltd's allocation decreased from 3.06 % to 2.73 %
HDFC Bank Ltd's allocation decreased from 3.35 % to 2.6 %
HDFC Bank Ltd's allocation decreased from 3.35 % to 2.6 %

Magnum Hybrid Long Short Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.47%
Benchmark
Nifty 50 Hybrid Composite Debt 50:50
AUM₹3462 Cr
Inception Date22 October, 2025
Min Lumpsum/SIP₹10,00,000/₹10,000
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Low to Moderate Risk

About Magnum Hybrid Long Short Fund

Magnum Hybrid Long Short Fund is a hybrid fund. This fund was started on 22 October, 2025. The fund is managed by Gaurav Mehta. This fund gives you the benefit of diversification.

Key Parameters

  1. Magnum Hybrid Long Short Fund has ₹3462 Cr worth of assets under management (AUM) as on Apr 2026 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Magnum Hybrid Long Short Fund has given a CAGR return of 2.23% since inception.

Holdings

Magnum Hybrid Long Short Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Government, Health, Consumer Cyclical, Energy, Industrial, Utilities, Consumer Defensive, Tech, Basic Materials, Communication, Real Estate.

Taxation

As it is a hybrid long-short fund mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Magnum Hybrid Long Short Fund

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000000.00 and for SIP is INR 10000.00. Magnum Hybrid Long Short Fund has no lock in period.

Fund Manager

Gaurav Mehta

Fund Manager of Magnum Hybrid Long Short Fund, since 22 October 2025

Learn more about SBI Mutual Fund
Parameters
Mar'26
Feb'26
Jan'26
AUM
₹ 3.4K Cr
₹ 3.3K Cr
₹ 2.9K Cr
  • AUM of the fund stands at 3.4K Cr as of Mar'26
  • AUM increased by 76.3 Cr between Mar'26 and Feb'26

Frequently Asked Questions for Magnum Hybrid Long Short Fund

How do I invest in Magnum Hybrid Long Short Fund?

INDmoney makes it simple to invest in the Magnum Hybrid Long Short Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Magnum Hybrid Long Short Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Magnum Hybrid Long Short Fund?

The NAV of the fund today is ₹10.23. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

Who is the fund manager of Magnum Hybrid Long Short Fund?

The fund managers are Gaurav Mehta.

What is the exit load of the fund?

The exit load is 0.5% if redeemed in 0-15 Days, 0.25% if redeemed in 15-30 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.47%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹3462 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Magnum Hybrid Long Short Fund?

The top 3 holdings of the fund are Kotak Mahindra Bank Ltd(3.8%), Reliance Industries Ltd(3.62%), HDFC Bank Ltd(3.47%)