Magnum Equity Ex-Top 100 Long Short Fund by Magnum SIF offered by SBI Mutual Fund

Magnum Equity Ex-Top 100 Long Short Fund aims to participate
                
in the broader opportunity set beyond India’s top 100 companies,
                
where businesses may offer varying growth potential.

Why look beyond The Top 100

Focus Beyond Top 100

Identifies opportunities in mid and small cap companies while keeping a disciplined focus on risk and portfolio balance across market cycles

Structured Long–Short Approach

Uses limited short exposure through derivatives to help manage volatility

Research-Driven Selection

Uses a structured fundamental process to assess companies.

Risk-Aware Construction

Aims to seek growth potential while managing downside risk.

A Differentiated Investment Approach

Core Portfolio

A concentrated portfolio of approximately 25–30 companies identified through a research framework focusing on:

BUSINESS: Durable economics and scalable opportunity
MANAGEMENT: Capability, integrity and capital allocation
VALUATIONS: Risk–reward anchored in disciplined underwriting

Satellite Portfolio

The satellite portion allows for:

INCREMENTAL CHANGE: Catalysts, earnings inflections, change in industry dynamics, management change
LONG + SHORT: Trading ideas expressed on either side of the market

Core remains the portfolio anchor; Satellite sizing moves with opportunity, liquidity and conviction - without compromising the aggressive ex-Top 100 strategy. For detailed Investment strategy and asset allocation, refer Investment Strategy Information Document (ISID).

This product is suitable for investors who are seeking*:

Long term Capital appreciation
An open-ended investment strategy investing in equity and equity related instruments including limited short exposure in equity through derivative instruments, of stocks other than large cap stocks

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

What Differentiates This strategy

Compared to traditional long-only equity strategies, this approach can:

Take selective short positions in companies expected to underperform

Use derivatives for efficient portfolio management

Take long positions in companies assessed to have favourable prospects

Seek uncorrelated return opportunities alongside long term equity growth

How Would The Fund Allocate Its Assets

65% - 100%
In equities beyond the Top 100 companies
Up to 35%
In large‑cap equities for liquidity purposes
Up to 35%
In debt or money‑market instruments
Up to 25%
In unhedged short positions

Allocations will vary based on prevailing market conditions and the investment team’s assessment. Allocation ranges do not ensure any specific return outcome.

Why Consider This Fund?

Broader Universe

Gain exposure to opportunities beyond India's largest companies

Research Driven

Invest through an active, research-driven process

Long-Short Approach

Explore a long-short approach under the SIF framework

Mid & Small Cap Universe

Participate in the mid and small cap universe with an understanding of its inherent volatility

Long- Term

Have a long‑term investment horizon

Understanding Risks

Understand the risks associated with equity and derivative strategies

Market Volatility

Are comfortable with market volatility

Seeking Potential

Seek differentiated return potential through an actively managed strategy

Fund Details

The investment objective of the Investment Strategy is to generate long term capital appreciation investing primarily in equity and equity-related instruments of stocks outside the top 100 by market capitalization, while utilizing limited short exposure through derivatives to enhance returns and/or manage risk. There is no assurance that the investment objective of the Investment strategy will be achieved.

Attributes	Description
Benchmark	Nifty 500 TRI
NFO Open Date	Friday, 7th August 2026
NFO Close Date	Thursday, 20th August 2026
Category	Equity Ex-Top 100 Long Short Fund
Type of Investment Strategy	An open-ended investment strategy predominantly investing in equity and equity related instruments including limited short exposure in equity through derivative instruments, of stocks other than large cap stocks.
Fund Manager	Mr. Gaurav Mehta
Plans & Options	Plans Available : Regular Plan, Direct Plan & Option under each plan : Growth, IDCW
Exit Load	1% of the applicable NAV : 1% of the applicable NAV : If units purchased or switched in from another Investment Strategy of the Fund are redeemed or switched out on or before 3 months from the date of allotment NIL : If units purchased or switched in from another Investment Strategy of the Fund are redeemed or switched out after 3 months from the date of allotment
Application Amount	For first time investor in SIF: Rs.10,00,000/- and in multiples of Re.1/- thereafter For existing investors who have complied with the Minimum Investment Threshold (of Rs.10,00,000/-): Rs.1,00,000 and in multiples of Re.1/ Switches: Allowed from Magnum SIF investment strategies
Features	Lumpsum & SIP
Redemption Frequency	Daily. The Trustees reserves the right to change the Redemption frequency in future, subject to SEBI Regulations and any other law, as applicable. In respect of valid applications received on a business day, upto the 3.00 pm by the Mutual Fund, same day’s closing NAV shall be applicable. In respect of valid applications received after the 3.00 pm by the Mutual Fund, the closing NAV of the next business day shall be applicable.

Investments in Specialized Investment Fund involves relatively higher risk including potential loss of capital, liquidity risk and market volatility. Please read all investment strategy related documents carefully before making the investment decision.