360 ONE Mutual Fund has launched its third Specialised Investment Fund strategy in under five months, opening the New Fund Offer for the DynaSIF Equity Ex-Top 100 Long-Short Fund today. The NFO will run until 19 June 2026, with the strategy set to reopen for continuous sale and repurchase from 29 June. The launch follows the platform's Equity Long-Short Fund (launched 25 February 2026 close) and Active Asset Allocator Long-Short Fund (launched 25 March 2026 close), making this the fastest three-product build-out among comparable SIF platforms launched over the same period.
A focused bet on mid- and small-caps Unlike DynaSIF's first two funds, which were broadly unconstrained by market capitalisation, the Equity Ex-Top 100 Long-Short Fund is explicitly targeted at companies outside India's top 100 by market cap — the mid- and small-cap universe. The fund's core allocation of 65–100% is anchored in ex-top-100 equities, including REITs, with up to 35% available for opportunistic large-cap exposure when valuations are favourable, and up to 25% deployable in debt instruments such as T-bills, money market securities and corporate bonds for defensive positioning. Up to 20% may also be invested in InvITs, adding exposure to alternative, real-asset-backed income.
Key structural details
Element | Detail |
|---|---|
Core universe | Ex-top-100 mid- and small-cap equities |
Large-cap flexibility | Up to 35% |
Debt allocation | Up to 25% |
InvIT allocation | Up to 20% |
Short exposure | Up to 25% unhedged, via derivatives on non-large-cap stocks |
NFO window | 5 – 19 June 2026 |
Reopens for continuous sale | 29 June 2026 |
Raghav Iyengar said the fund is designed for investors who want meaningful participation in India's mid- and small-cap opportunity — a segment the AMC describes as one of the most compelling investment destinations globally, given its depth, diversity and structural growth drivers — while retaining an active risk-management overlay through the strategy's short-selling and hedging capability.
With three distinct strategies now live — a broad equity long-short fund, a multi-asset dynamic allocator, and now a targeted mid-and-small-cap long-short fund — DynaSIF has built one of the more comprehensive SIF platforms in the market within roughly four months of its original launch, giving investors a spread of risk profiles to choose from under a single brand.