SBI Mutual Fund, India’s largest fund house, has announced the launch of its first investment strategy under the new Specialized Investment Fund (SIF) framework-- the Magnum Hybrid Long Short Fund. Using a combination of debt, equity, and derivatives, the new approach seeks to combine long-term capital growth with income generation.

Subscriptions for the New Fund Offer (NFO) will open from October 1 through October 15, 2025. The minimum amount for investors to apply is ₹10 lakh, and the starting price for additional purchases is ₹10,000. The plan provides redemption options twice a week, on Mondays and Thursdays, and permits daily subscriptions.

Investments can be made through lump sum and SIPs. The benchmark for the investment strategy is the NIFTY 50 Hybrid Composite Debt 50:50 Index T

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