The open-ended scheme will invest 65%–100% of its assets in equity and equity-related instruments of companies outside the top 100 by market capitalisation, and up to 35% in firms within the top 100. It may also invest up to 35% in debt and money market instruments, and up to 20% in REITs and InvITs.
The fund can take short positions up to 25% of its portfolio through derivatives, providing flexibility to manage downside risk and potentially enhance returns.
The New Fund Offer (NFO) is currently open and will close on November 7.
The minimum investment amount is ₹10 lakh, while Systematic Investment or Withdrawal Plans start from ₹10,000 with a minimum of six instalments. An exit load of 1% applies on redemptions within 15 days of allotment.
The scheme’s performance will be benchmarked against the Nifty 500 Total Return Index (TRI).
According to Quant Mutual Fund, the SIF Equity Ex-Top 100 Long-Short Fund is suited for investors seeking long-term wealth creation through exposure to mid- and small-cap segments with an active hedging strategy.
About SIFs
SIFs are a new product category that SEBI introduced to offer more tailored and flexible investment strategies than traditional mutual funds, without the high entry barriers of PMS or AIFs (Alternative Investment Funds).
They aim to serve sophisticated retail and HNI (high-net-worth individual) investors who seek differentiated portfolios focused on themes, sectors, or strategies.