ITI Asset Management has formally launched its Specialised Investment Fund platform, Diviniti SIF, with the opening of the New Fund Offer for its debut product, the Diviniti Equity Long Short Fund. The NFO opened today and will remain open for subscription until 24 November 2025, giving the AMC a genuine first-mover position relative to several larger fund houses that were still finalising their own SIF launches around the same period.
A strategy built on a multi-year track record Unlike some rival SIF debuts, ITI Mutual Fund emphasised that the Diviniti strategy has been tested across multiple market cycles over roughly seven years to assess its performance consistency, rather than being a newly designed model built specifically for the SIF launch. The fund follows a long-short equity approach, combining long equity exposure with tactical short positions during volatile phases, with the explicit aim of taking advantage of both rising and falling markets rather than depending solely on market direction.
Speaking at the launch, Jatinder Pal Singh reiterated that the Diviniti platform is designed to give investors the sophistication of AIF- and PMS-style strategies within the more transparent, tax-efficient mutual fund structure. Rajesh Bhatia, Chief Investment Officer at ITI Mutual Fund, added a note on risk management, saying that limiting downside during market downturns is treated as being as important as capturing upside during bull phases — a philosophy reflected in the fund's use of short exposures to manage risk tactically rather than purely to chase incremental returns.
Who the fund is for As with all SIFs, the Diviniti Equity Long Short Fund is available only to investors able to meet the SEBI-mandated minimum investment of ₹10 lakh, positioning it squarely for HNIs and other sophisticated investors rather than the mass retail segment. The AMC has made the NFO Kit available through its dedicated SIF microsite, alongside detailed product labelling and risk disclosures, in line with SEBI's disclosure requirements for the category.
ITI Mutual Fund has framed the Diviniti launch as a strategic entry into what it describes as a rapidly evolving space, describing SIFs more broadly as a dynamic middle path between traditional mutual funds and PMS/AIFs — language echoed by several other AMCs that have entered the category, but paired here with a distinct ethical-governance positioning through the Diviniti name itself.