Altiva Equity Long-Short Fund
SIF strategy under Altiva SIFCategory: EquityFace value ₹10.00/unit
14 days left to subscribe
NFO closes 24 Sept 2026, 3:00 PM
Opened
10 Sept 2026
Closes
24 Sept 2026
Allotment
TBA
Reopens
Key scheme terms
Min. investment
₹10,00,000
Per PAN, across all ALTIVA SIF strategies
Additional investment
₹1 multiples
After minimum is met
Subscription price
₹10.00
Per unit, face value
Exit load
TBA
Subject to AMC terms
Lock-in period
None
Open-ended structure
Benchmark
TBA
Single-tier, SEBI mandated
NFO expenses
₹0
SEBI prohibits NFO charges
Risk band
SEBI riskometer
What makes this different from a standard MF NFO
₹10L minimum is aggregated at PAN level, not per scheme
If you already hold ₹10L in another ALTIVASIF strategy, you don't need a fresh ₹10L for this fund — the threshold applies across all SIF strategies from the same AMC under your PAN.
Accredited investors are exempt from the ₹10L threshold
Individuals with ₹2Cr+ annual income, or ₹7.5Cr+ net worth (with ₹3.75Cr+ in financial assets), qualify as accredited investors under SEBI norms and can invest below the standard minimum.
Unhedged short exposure capped at 25% of net assets
This is a SEBI-wide cap on all SIF long-short strategies. Hedging and rebalancing positions don't count toward this limit — only the directional short book does.
SEBI Asset allocation mandate (Equity)
| Instrument / Asset Class | Min % | Max % |
|---|---|---|
| Equity & Equity ETFs / Instruments (Long) | Min 80% | Max 100% |
| Short via Unhedged Derivatives (Max) | 0% | Max 25% |
| Debt & Money Market Securities | 0% | Max 35% |
| Cash & Cash Equivalents | 0% | Max 10% |
| Single Stock Derivative Exposure | 0% | Max 10% of NAV |
| Cumulative Gross Exposure | — | Max 100% of NAV |
Standard SIF Concentration Limits
Regardless of strategy, all SIFs are subject to concentration limits, capping equity allocation to 15% in a single security, fixed-income exposure to 20% (up to 25% with board approval) in a single issuer, and REIT/InvIT exposure to 20%. Cumulative gross exposure across all markets cannot exceed 100% of net assets, prohibiting leverage at the net level.
Investment strategy & objective
To generate long-term capital appreciation by predominantly investing in listed equity and equity-related instruments. The Investment Strategy may also invest in various derivative instruments, including limited short exposure through unhedged derivative positions in equity up to 25%. There is no assurance that the investment objective of the Investment strategy will be achieved.
Liquidity & investment restrictions
SIP, STP, and SWP permitted, provided your aggregate SIF balance stays at or above ₹10,00,000
Open-ended structure — invest or redeem any business day after allotment
Partial redemptions not allowed if remaining investment would fall below ₹10,00,000 — only full redemption permitted in that case
Applications cannot be cancelled once submitted and funds are blocked for allotment
NAV disclosed daily by 11:00 PM; portfolio disclosed every alternate month
How to apply for this NFO
Confirm eligibility
Check your existing SIF holdings with ALTIVA AMC and confirm ₹10,00,000 PAN-level threshold.
Submit application
Apply via ALTIVA AMC's SIF platform or your distributor with completed KYC.
Funds blocked
Your ₹10,00,000 is held until allotment — not deducted upfront from your account.
Units allotted
By , units credited at ₹10.00/unit. Fund reopens for transactions .
NFO documents
SIFcase is a research and comparison platform. NFO information shown is for educational purposes only and should not be considered investment advice. Investments in SIFs involve relatively higher risk, including potential loss of capital, liquidity risk, and market volatility. Please read the Investment Strategy Information Document and all scheme-related documents carefully before investing. This Investment Strategy Information Document reference is current as of the date shown on official AMC documentation — confirm directly with Altiva SIF before applying.