SIF head-to-head · Hybrid Long-Short

Magnum Hybrid Long-Short vs Platinum Hybrid Long-Short

Magnum Hybrid Long-Short and Platinum Hybrid Long-Short compared on official AMFI NAVs — returns across six windows, a rebased NAV chart, expense ratio, AUM, risk band and portfolio overlap, refreshed daily.

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Magnum Hybrid Long-Short and Platinum Hybrid Long-Short are both hybrid long-short Specialized Investment Funds, but from different houses — SBI runs Magnum Hybrid Long-Short and Mirae Asset runs Platinum Hybrid Long-Short. Magnum Hybrid Long-Short was the earlier of the two, launching in October 2025; Platinum Hybrid Long-Short followed in June 2026. Hybrid Long-Short SIFs invest across equity and debt and can take limited short positions — up to 25% of net assets — through derivatives, aiming for equity-like participation with a cushion when markets fall.

Both sit inside SEBI's ₹10 lakh SIF category (₹1 lakh for accredited investors) and are compared below on live official AMFI NAVs — six return windows, a rebased NAV chart, expense ratio, AUM, risk band and what they hold, refreshed every trading day.

Magnum Hybrid Long-Short

SBI
Category
Hybrid Long-Short
Launched
October 2025
AMFI family
SIF-13
Minimum
₹10 lakh

Platinum Hybrid Long-Short

Mirae Asset
Category
Hybrid Long-Short
Launched
June 2026
AMFI family
SIF-136
Minimum
₹10 lakh

Side-by-side highlights

Factual highlights from the sourced figures below — informational only, not a recommendation.

Side by side

MetricMagnum Hybrid Long-Short
SBI
Platinum Hybrid Long-Short
Mirae Asset
Latest NAV₹10.4494
18 Sep 2026
₹10.14
18 Sep 2026
1 day▲ 0.29%▲ 0.28%
1 week▼ 0.13%▲ 0.06%
1 month▼ 0.90%▼ 0.36%
3 months▲ 0.83%▲ 0.55%
6 months▲ 3.87%
Since inception▲ 4.49%▲ 1.40%
AUM₹3,800 Cr₹370 Cr
Expense ratio (Regular)0.92%1.30%
Risk band (AMC-declared)1 / 51 / 5
Allotted20 Oct 20259 Jun 2026
StrategyHybrid LSHybrid LS
Official AMFI NAVs as of 18 Sep 2026, Regular plan · Growth. Returns are absolute point-to-point changes, not annualised, and most SIFs are less than a year old — check each fund’s age before comparing. Past performance may or may not be sustained in future. Any highlight marks the higher or lower figure on that row; it is arithmetic, not a rating or a recommendation. Missing values show as “—”, never estimated. This table refreshes in your browser with the latest official figures.

Do they hold the same stocks?

Real portfolio overlap, computed from each fund’s disclosed monthly holdings — long positions only.

8.1%6 stocks appear in both portfolios; by weight, 8.1% of the two books overlap.
Shared holdingSectorMagnum Hybrid Long-ShortweightPlatinum Hybrid Long-Shortweight
Axis BankBanks3.39%2.21%
Reliance IndustriesPetroleum Products3.11%1.70%
Kotak Mahindra BankBanks3.69%1.68%
JB Chemicals & PharmaceuticalsPharmaceuticals & Biotechnology2.71%1.51%
EternalRetailing0.98%1.88%
JSW InfrastructureTransport Infrastructure1.50%0.06%

Overlap = the sum of the lower of the two weights in each shared holding. Computed from the funds’ monthly portfolio disclosures — Magnum Hybrid Long-Short as of 30 Jun 2026, Platinum Hybrid Long-Short as of 30 Jun 2026. Long positions only; short and derivative exposures are excluded. Informational only, not a recommendation.

Questions people ask

Which has performed better, Magnum Hybrid Long-Short or Platinum Hybrid Long-Short?
The live table above shows both funds' returns across 1-day, 1-week, 1-month, 3-month, 6-month and since-inception windows, computed from official AMFI NAVs. Which is “better” depends on the period you look at and, more importantly, on your own goals, horizon and risk appetite — past performance does not predict future returns. As an AMFI-registered distributor (not an investment adviser), Trustner can explain how each strategy works so you can decide; we don't issue buy or sell calls.
What is the difference between Magnum Hybrid Long-Short and Platinum Hybrid Long-Short?
Both are Hybrid Long-Short SIFs, so they share the same broad mandate — a hybrid long-short mandate. The main differences are the fund house and team (SBI runs Magnum Hybrid Long-Short; Mirae Asset runs Platinum Hybrid Long-Short) and their launch dates (October 2025 vs June 2026). Day to day they differ in expense ratio, AUM and how their NAVs have moved, all shown live above.
What is the minimum investment in Magnum Hybrid Long-Short or Platinum Hybrid Long-Short?
₹10 lakh for both — the standard SEBI minimum for Specialized Investment Funds — or ₹1 lakh for investors who qualify as accredited investors. It is the same across the SIF category.
Where does this comparison data come from?
NAV and every return figure are computed from official AMFI SIF NAV data (Regular plan, Growth option), refreshed daily. AUM, risk band and expense ratio are from Value Research. Figures we can't verify are left blank rather than estimated — MeraSIF never publishes indicative numbers.

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Trustner Asset Services Pvt. Ltd. · AMFI-registered Mutual Fund and SIF Distributor, ARN-286886 · APMI-registered PMS Distributor. We distribute Regular plans and may receive commission from the fund houses. This comparison presents sourced data for information only; it is not investment advice, a rating or a recommendation. Mutual Fund and SIF investments are subject to market risks, read all scheme related documents carefully.