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Magnum SBI Mutual Fund

Distributed through AltPort Experts. Comprehensive fund documentation can be accessed through our research team.
Category SIF
Company SBI Mutual Fund
Fund Managers R. Srinivasan
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About Company

SBI Mutual Fund

Established in 1987 as the first non-UTI mutual fund in India, SBI Mutual Fund has grown into the country's largest asset management company, managing over ₹12.63 lakh crore in assets as of late 2025. It operates as a strategic joint venture between the State Bank of India (63% stake) and the French global asset manager Amundi (37% stake), combining vast domestic reach with international investment expertise. The fund house offers a comprehensive suite of nearly 90 schemes across equity, debt, hybrid, and passive categories, including popular flagship products like the SBI Bluechip Fund and SBI Contra Fund. Known for pioneering market innovations such as India’s first ESG fund, the AMC is currently preparing for a landmark Initial Public Offering (IPO) in 2026 to further scale its operations and digital infrastructure.

Fund Snapshot

Category Hybrid Long-Short Fund
Benchmark NIFTY 50 Hybrid Composite Debt 50:50 Index TRI
Subscription Daily
Inception Date 2025-10-01
SIF ID SIF-13

Type

Interval strategy investing mainly in equity and debt, with limited short derivative exposure.

Objective

To generate regular income through derivatives (covered calls, arbitrage) and debt instruments, and long-term capital appreciation via unhedged equity exposure.

Redemption

Two times in a week ( Monday & Wednesday) or any lesser redemption frequency as may be decided by the AMC. Redemption requests received after Thursday 3:00 PM till Monday 3:00 PM would be considered for processing with Monday NAV, and requests received after Monday 3:00 PM till Thursday 3:00 PM would be processed with Thursday NAV. If Monday or Thursday falls on a non-business day, the next business day's NAV will be considered for processing.

Portfolio Allocation

Asset Class Instrument Type Allocation (%)
Equity Nifty 50 35.0%
Debt Instruments Government Bonds 35.0%
REITs/InvITs Real Estate & Infrastructure Trusts 20.0%
Cash Liquid Funds / Cash Equivalents 10.0%
Total - 100.0%

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Your money situation is different, and AltPort Funds ensures your investments fit. We don't just offer standard choices. We build plans based on your goals, timeline, and risk comfort. Whether you want your money to grow, stay safe, or just hold its value, every decision has a purpose. Our way of doing things makes sure your investments change as your life does, not just when the market moves. This helps you avoid overreacting and keeps your money plan focused. At AltPort Funds, doing things personally is what counts most.

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Section: Fund Leadership
Meet the Fund Managers

Learn about the experienced fund managers responsible for investment decisions, portfolio strategy, and long-term fund performance.

R. Srinivasan

R. Srinivasan

R. Srinivasan is one of India's most celebrated equity fund managers, known for his "Bottom-Up" investment philosophy. With over 30 years of experience, he has been with SBI Mutual Fund since 2009. He is the mastermind behind some of the firm's flagship high-performance funds, including the SBI Small Cap and SBI Focused Equity funds. His approach prioritizes "Quality at a Reasonable Price" (QARP), focusing on companies with sustainable competitive advantages and high capital efficiency. Srinivasan is widely respected for his ability to identify multi-bagger growth stories well before they become mainstream market favorites.

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Section: Help & Support
Frequently Asked Questions

Find answers to common questions about fund investments, performance, portfolio strategy, and investor services.

1. What is the investment objective of Magnum – SBI Mutual Fund? +

Magnum aims to generate regular income through debt instruments, covered call strategies, and arbitrage opportunities, while also seeking long-term capital appreciation through equity investments. The strategy combines income generation with growth potential in a single portfolio.

2. What type of investment strategy does Magnum follow? +

Magnum is a hybrid long-short interval strategy that primarily invests in equities and debt securities. It may also use limited derivative exposure to enhance income and manage portfolio risks while maintaining a balanced investment approach.

3. How is the Magnum portfolio allocated? +

The portfolio currently allocates 35% to Nifty 50 equities, 35% to government bonds, 20% to REITs/InvITs, and 10% to cash or liquid fund equivalents. This diversified mix is designed to provide exposure to growth, income, and yield-generating assets.

4. When can investors redeem their investments in Magnum? +

Redemptions are available twice a week, typically on Monday and Thursday. Redemption requests submitted within the specified cut-off periods are processed using the applicable redemption-day NAV. If a redemption day falls on a non-business day, the next business day's NAV is used.

5. Who may consider investing in Magnum – SBI Mutual Fund? +

Magnum may be suitable for investors seeking a blend of income generation and capital appreciation. Its combination of equity, debt, REITs/InvITs, and derivative-based income strategies can appeal to those looking for a diversified portfolio with moderated risk exposure.