MUTUAL FUNDS
Summit SIF Mutual Fund files offer document for Equity Long-Short Fund
Feb-03-2026
Summit SIF Mutual Fund has filed offer document with SEBI to launch an open-ended equity investment strategy named ‘Summit Equity Long-Short Fund'. The New Fund Offer price for units would be Rs 10 during the NFO. Entry load will be nil and Exit load - if units are redeemed/switched out on or before 3 months from the date of allotment - 0.50%; if units are redeemed/switched-out after 3 months-Nil; Switch between the Plans under the Investment Strategy- Nil. The Scheme offers growth and IDCW option for investment seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance will be benchmarked against NIFTY 100 TRI. The minimum application amount is Rs 1,00,000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to generate long-term capital appreciation by investing primarily in equity and equity-related instruments, combining directional equity investments with tactical short positions to provide risk-adjusted returns over traditional long-only strategies.

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