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

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	₹10.4314	+3.94%
Magnum Equity Ex-Top 100 Magnum Equity Ex-Top 100 Long Short	Equity Ex-Top 100	7 Aug 2026	₹0.0000	0.00%

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 2 Specialized Investment Funds: Magnum, Magnum Equity Ex-Top 100. They are 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. Where sufficient official history exists, Alpha Shield v2 adds a benchmark-aligned view of downside capture, drawdown protection, recovery and consistency. Newer Magnum SIF funds remain unscored rather than receiving a proxy score. 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.

Browse all SIFs by AMC →Compare Magnum SIF side by side →Magnum SIF returns calculator →All 30 SIFs ranked →