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MSMagnum SIFDirect · Growth

Magnum Equity Ex-Top 100 Long-Short Fund - Growth - Direct Plan

equityEquity - Ex-Top 100 Long-Short FundBenchmark: BSE 500 - TRI
NAV · 15 Sep 2026₹9.74-1.38%
AUM—
Expense Ratio—
CAGR—
Exit Load1% on or before 3M, NIL after 3M
Min SIP₹10,000from this fund's primary plan
Launched2026

Investment Objective

The investment objective of the strategy is to generate long-term capital appreciation by investing primarily in equity and equity-related instruments of stocks outside the top 100 by market capitalization, while utilizing limited short exposure through derivatives to enhance returns and/or manage risk. There is no assurance that the investment objective of the Investment strategy will be achieved.

Fund Mandate

Debt and Money Market Instruments0%–35%
Equity & Equity related instruments of companies - top 100 companies by market capitalization including REITs0%–35%
Equity & Equity related instruments of companies excluding the top 100 companies by market capitalization including REITs65%–100%
Units issued by InvITs0%–20%
Units of mutual funds (including Gold & Silver ETFs)0%–35%
Fund Managers
GM
Gaurav Mehta
Fund Manager
Key Information
—
₹10,000from this fund's primary plan
₹10,00,000
1% on or before 3M, NIL after 3M
Nil
Inception27 Aug 2026
AMCMagnum SIF
Top Holdings

Portfolio holdings not disclosed for this fund yet.

On This Page
NAV growthTop holdings
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Trailing Returns
PeriodReturnsCategory avg
1 Day-1.38%—
1 Week-2.08%-1.92%
-2.59%+4.97%

Category avg is the average return of every scheme in this fund's SEBI class (Equity - Ex-Top 100 Long-Short Fund) over the same period. Returns up to 1 year are absolute; returns beyond 1 year are annualised (CAGR). This is Accord's own stated convention for equity-oriented schemes.

Risk Metrics

Risk metrics are not available for this fund.

Fees
—
1% on or before 3M, NIL after 3M
Nil
₹10,000from this fund's primary plan
₹10,00,000
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme