AMC Profile · Specialized Investment Funds
SBI SIF — Every Magnum SIF Fund Reviewed
Independent SIFPrime analysis of every Specialized Investment Fund from SBI Mutual Fund. Live NAV, since-inception returns, Alpha Shield capital-protection score, and how each Magnum SIF fund stacks up against its category peers.
SIF count
1
Founded
1987
Firm AUM
₹11.00 lakh crore
First SIF launched
October 2025
About SBI Mutual Fund
SBI Mutual Fund is India's largest AMC by AUM (over ₹11 lakh crore). Backed by State Bank of India and Amundi, it brings institutional governance, deep credit research, and the country's widest distributor footprint.
Magnum Hybrid Long-Short SIF uses cash-arbitrage and derivative-based long-short equity overlays on a debt-equity hybrid base, targeting moderate volatility with capital protection. SBI's strength is in credit and debt — translating that to a hybrid SIF gives it a clear identity.
All Magnum SIF Funds
| Fund | Category | Inception | Current NAV | Since Inception |
|---|---|---|---|---|
| Magnum Magnum Hybrid Long-Short | Hybrid Long Short | 29 Oct 2025 | ₹10.2218 | +1.85% |
Frequently asked questions about Magnum SIF
- What is Magnum SIF?
- Magnum SIF is the brand under which SBI Mutual Fund offers its Specialized Investment Funds — a SEBI-regulated category launched on April 1, 2025 that bridges mutual funds and PMS. SBI Mutual Fund launched its first SIF in October 2025.
- How many SIFs does SBI have?
- SBI Mutual Fund currently offers 1 Specialized Investment Fund: Magnum. It is all listed below with live NAV, since-inception returns, and SIFPrime's Alpha Shield capital-protection score.
- Is SBI's SIF a good investment?
- "Good" depends on your risk profile and time horizon — but the more useful question is how each Magnum SIF fund stacks up against its category peers on capital protection during the March 2026 crash. SIFPrime's Alpha Shield score, shown in the table below, is the cleanest signal of whether the fund manager's long-short machinery actually delivered when the market corrected. Always read the Scheme Information Document and consult a SEBI-registered investment advisor before committing ₹10 lakh.
- What's special about SBI's SIF approach?
- Magnum Hybrid Long-Short SIF uses cash-arbitrage and derivative-based long-short equity overlays on a debt-equity hybrid base, targeting moderate volatility with capital protection. SBI's strength is in credit and debt — translating that to a hybrid SIF gives it a clear identity.
- What is the minimum investment in Magnum SIF?
- ₹10,00,000 (10 lakh rupees) per PAN — the SEBI-mandated floor for all Specialized Investment Funds in India, regardless of AMC. There is no upper limit. SBI Mutual Fund accepts subscriptions through Direct (their website, no commission) and Regular (via empanelled MFDs and RIAs).
- Where can I see live Magnum SIF NAV?
- SIFPrime updates Magnum SIF NAVs daily — see the fund table below. The official SBI website also publishes NAV and is the source we cross-check against.