SBI Mutual Fund · SBI's second SIF (Magnum)
Open-ended Equity Ex-Top 100 long-short: a core of 65–100% in stocks outside the top 100, run Core-Satellite on SBI's BMV (Business–Management–Valuations) process; large-cap up to 35% for liquidity, unhedged shorts up to 25%, derivatives up to 100% of net assets. Benchmark BSE 500 TRI · min ₹10 L · TER ≤2.10% · exit load 1% within 3 months. NFO mobilised ₹1,154 crore (SBI MF release, 23 Aug 2026) — the largest equity-category SIF NFO so far. Re-opens for continuous subscription within 5 business days of allotment.
| Allotment | Allotted 27 Aug 2026 |
| NFO window | ₹1,154 Cr mobilised in NFO |
| Benchmark | BSE 500 TRI |
| Detail | now live on the tracker |
| Live SIFs already in this strategy | 7 |
| Their expense ratios (Regular plan) | Base 1.69% to 2.10%; all-in total 2.61% to 4.96% |
| Assets already in the strategy | ₹7,532 Cr |
From AMFI’s official SIF NAV feed and TER disclosure (the all-in total adds brokerage, transaction costs and statutory levies); assets from each fund house’s latest portfolio statement. See every live Equity Ex-Top 100 Long-Short SIF →
We link to the fund house’s own files and never re-host them. The offer documents govern; read them before investing.
The offer document sets the NFO window as 7 Aug 2026 to 20 Aug 2026. Units are allotted on 27 Aug 2026.
₹10 lakh, counted at PAN level across all the SIF strategies of one fund house (accredited investors are exempt), as SEBI’s SIF framework sets it.
No. A fund in NFO has no NAV history and no performance, so it cannot be compared with a live fund. Judge it on its offer document: the strategy, the limits on short positions, the fund managers and the costs.
Every document we link is the fund house’s or AMFI’s own copy: KIM (SBI MF), NFO presentation, Leaflet, ISID (AMFI portal).
Questions about this launch, the paperwork or the ₹10 lakh minimum? Our team walks you through the offer document. No fee, no obligation.
Source: SBI MF KIM, ISID, NFO presentation & leaflet; ISID on the AMFI portal (S-33); SBI MF release on mobilisation (23 Aug 2026); allotment date per Value Research. Register updated 30 Oct 2026. *₹10 lakh at PAN level across one fund house’s SIF strategies; accredited investors are exempt.
Information only, not a recommendation to invest in any NFO or fund. Trustner Asset Services Pvt. Ltd. is an AMFI-registered Mutual Fund & SIF Distributor (ARN-286886) and may receive commission from fund houses. SIF investments are subject to market risks; read all scheme-related documents carefully before investing.
NFO windows last about two weeks. We send a short note with the dates and the offer documents when a new SIF opens. Free.