India, Sept. 30 -- SBI Mutual Fund SIF has launched a new Open Ended Growth scheme named "Magnum Hybrid Long Short Fund" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Oct 01 to Oct 15, 2025.
According to the offer document filed with SEBI, the entry load is Nil and exit load is 0.50.
The minimum application amount is Rs 10,00,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.
The fund manager of the scheme will be Gaurav Mehta, while the performance of the scheme will be benchmarked against .
The investment objective of the Investment Strateg...