Description
SBI Mutual Fund's Magnum Hybrid Long Short Fund will be reopened for ongoing subscriptions, redemptions, SIP, STP, and SWP facility on NSE MF Invest Platform effective October 29, 2025.
Summary
The National Stock Exchange of India has announced that SBI Mutual Fund’s Magnum Hybrid Long Short Fund will be reopened for ongoing subscriptions and redemptions on the NSE MF Invest Platform effective October 29, 2025. The fund will also be available for Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), and Systematic Withdrawal Plan (SWP) facilities.
Key Points
- Magnum Hybrid Long Short Fund of SBI Mutual Fund reopening for transactions
- Six plan variants available: Direct and Regular plans with IDCW Payout, IDCW Reinvestment, and Growth options
- All schemes categorized as Equity funds
- SIP, STP, and SWP facilities will be enabled
- Effective date: October 29, 2025
Scheme Details
The following six variants of Magnum Hybrid Long Short Fund will be available:
- Direct Plan IDCW Payout (ISIN: INF200K30056)
- Regular Plan IDCW Payout (ISIN: INF200K30023)
- Direct Plan IDCW Reinvestment (ISIN: INF200K30064)
- Direct Plan Growth (ISIN: INF200K30049)
- Regular Plan Growth (ISIN: INF200K30015)
- Regular Plan IDCW Reinvestment (ISIN: INF200K30031)
Regulatory Changes
No regulatory changes. This is an operational update regarding the resumption of transactions for a specific mutual fund scheme.
Compliance Requirements
No new compliance requirements. Members are informed of the availability of the fund for ongoing transactions on the platform.
Important Dates
- Circular Date: October 28, 2025
- Effective Date: October 29, 2025 - Resumption of subscriptions, redemptions, SIP, STP, and SWP facilities
Impact Assessment
Market Impact: Minimal. This circular affects only investors interested in SBI Mutual Fund’s Magnum Hybrid Long Short Fund.
Operational Impact: Low. The reopening provides investors with access to subscription and redemption facilities along with systematic investment options for this specific hybrid equity fund.
Investor Impact: Positive for existing and potential investors in this fund who can now conduct ongoing transactions and utilize systematic investment/withdrawal facilities through the NSE MF Invest Platform.
Contact Information
- Toll Free: 1800 2100 940
- Email: support@nseinvest.com
Impact Justification
Routine operational circular regarding reopening of a single mutual fund scheme for transactions. Affects only investors interested in this specific SBI fund. No regulatory changes or broad market impact.