Description

BSE announces listing of six unit categories of SBI's Magnum Hybrid Long Short Fund effective October 29, 2025, with trading in dematerialized form only.

Summary

BSE has announced the listing of units of Magnum Hybrid Long Short Fund, a scheme under SBI Mutual Fund managed by SBI Funds Management Limited. Effective October 29, 2025, six categories of units will be listed in the B Group segment. The fund employs an interval investment strategy investing predominantly in equity and debt securities with limited short exposure through derivatives. All units are allotted as of October 20, 2025, and trading will be conducted exclusively in dematerialized form in unit market lots.

Key Points

  • Fund Name: Magnum Hybrid Long Short Fund (SBI Mutual Fund)
  • Investment Manager: SBI Funds Management Limited
  • Registered Office: 9th Floor, C-38 & 39, Crescenzo, G Block, Bandra Kurla Complex, Bandra East 400051
  • Listing Date: October 29, 2025
  • Trading Group: B Group
  • Market Lot: 1 unit
  • Face Value: Rs. 10.00 per unit
  • Issue Price: Rs. 10.00 per unit
  • Date of Allotment: October 20, 2025
  • Trading Mode: Dematerialized form only
  • Registrar: Computer Age Management Services Limited, Rayala Towers, 158 Anna Salai, Chennai - 600002

Listed Unit Categories

1. Regular Plan - Growth (MHLSRG)

  • Scrip Code: 544588
  • Units: 543,833,669
  • ISIN: INF200K30015

2. Regular Plan - IDCW Payout (MHLSRD)

  • Scrip Code: 544589
  • Units: 914,954
  • ISIN: INF200K30023

3. Regular Plan - IDCW Reinvestment (MHLSRDR)

  • Scrip Code: 544590
  • Units: 1,899,905
  • ISIN: INF200K30031

4. Direct Plan - Growth (MHLSDG)

  • Scrip Code: 544591
  • Units: 540,122,865
  • ISIN: INF200K30049

5. Direct Plan - IDCW Payout (MHLSDD)

  • Scrip Code: 544592
  • Units: 699,965
  • ISIN: INF200K30056

6. Direct Plan - IDCW Reinvestment (MHLSDDR)

  • Scrip Code: 544593
  • Units: 1,216,939
  • ISIN: INF200K30064

Regulatory Changes

No new regulatory changes. This listing follows existing SEBI guidelines dated February 16, 2000, requiring mutual fund units to trade exclusively in dematerialized form.

Compliance Requirements

  • Trading Members: Must note that trading is permitted only in dematerialized form
  • Physical Units: Unit certificates have been enfaced with non-transferability markings
  • Demat Units: Lock-in period has been marked in depository records through corporate action
  • Market Lot: Trades must be executed in unit market lot (1 unit)

Important Dates

  • October 20, 2025: Date of allotment for all unit categories
  • October 29, 2025: Effective date for listing and commencement of trading on BSE

Impact Assessment

Market Impact: Minimal. This is a routine mutual fund listing that expands investment options for market participants but does not affect broader market operations or existing securities.

Operational Impact: Low. Trading members need to be aware of the new scrip codes and demat-only trading requirement, but this follows established procedures for mutual fund listings.

Investor Impact: Provides liquidity option for SBI Magnum Hybrid Long Short Fund unitholders through exchange platform trading. The fund’s hybrid strategy with long-short equity and debt exposure offers portfolio diversification opportunities.

Impact Justification

Routine mutual fund unit listing with no material impact on broader market operations or investor compliance requirements