Kotak Mahindra Asset Management Company today opened the New Fund Offer for the Infinity Hybrid Long-Short Fund, its first product under the newly launched Infinity SIF platform. The NFO will remain open until 29 June 2026, marking Kotak's formal entry into India's Specialised Investment Fund category.
Fund details at a glance
Element | Detail |
|---|---|
Fund name | Infinity Hybrid Long-Short Fund |
NFO window | 15 – 29 June 2026 |
Minimum investment | ₹10 lakh per PAN |
Benchmark | Nifty 50 Hybrid Composite Debt 50:50 Index |
Fund managers | Hiten Shah, Kalpesh Jain, Abhishek Bisen |
Strategy components | Long equity, arbitrage, select derivative strategies |
The fund's stated approach is to dynamically manage net equity exposure across different market conditions, combining long-only investments with permitted short exposures and arbitrage opportunities within SEBI's regulatory limits. According to the AMC, the goal is to allow the fund to participate in market upside while actively working to reduce drawdowns during volatile conditions — rather than simply riding market direction as a conventional hybrid mutual fund would.
Kalpesh Jain, Fund Manager – SIF at Kotak Mahindra AMC, said SIFs enable a more flexible approach to portfolio construction while maintaining a strong focus on risk management, describing the fund's plan to invest across equities, arbitrage opportunities and select derivative strategies while dynamically managing its net equity exposure.
A cautious, risk-first pitch Kotak has been explicit that the fund's use of derivative-based strategies and complex capital allocation techniques means it carries a materially higher risk profile than a standard mutual fund, with potential for liquidity constraints and elevated volatility. The AMC has flagged the balance between long and short exposure during periods of market stress as the single most important variable for investors to monitor, alongside the fund's net equity exposure, hedging efficiency, and how its performance correlates with broader market indices over time.
As with all SIFs, the minimum investment is ₹10 lakh per PAN, monitored across all of an AMC's SIF strategies, positioning the fund squarely for HNIs and other sophisticated investors rather than the broader retail base that Kotak's mutual fund range typically serves.