iSIF Active Momentum Long-Short Fund
SIF strategy under ICICI Prudential Mutual FundCategory: EquityFace value ₹10.00/unit
11 days left to subscribe
NFO closes 21 Jul 2026, 3:00 PM
Opened
7 Jul 2026
Closes
21 Jul 2026
Allotment
26 Jul 2026
Reopens
31 Jul 2026
Key scheme terms
Min. investment
₹10,00,000
Per PAN, across all ICICI SIF strategies
Additional investment
₹1 multiples
After minimum is met
Subscription price
₹10.00
Per unit, face value
Exit load
1%
If redeemed ≤ 15 days
Lock-in period
None
Open-ended structure
Benchmark
NIFTY 500 TRI
Single-tier, SEBI mandated
NFO expenses
₹0
SEBI prohibits NFO charges
Risk band
Level 6 — Very High
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 ICICISIF 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.
Asset allocation mandate
Equity & equity-related instruments80% – 100%
Debt & money market instruments0% – 20%
Unhedged short exposure (equity + debt)0% – 25%
Equity
Debt
Unhedged short exposure
Investment strategy & objective
Momentum factor-based stock selection
Focuses on stocks showing strong price and earnings momentum, riding trends while shorting underperforming laggards to enhance returns.
Dynamic leverage and hedging overlay
Uses tactical derivatives overlays to increase exposure in bullish cycles and rapidly raise hedging ratios when technical indicators turn bearish.
Aggressive growth targeting mid and small-caps
Aims to capture rapid growth phases of mid and small-sized enterprises under SEBI's Specialized Investment Fund framework.
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
Fund management team
Vikas Gupta
Head of Equities
16+ years experience in thematic and quantitative investment strategies across global and domestic markets.
Neha Shah
Fund Manager
9+ years in options trading, risk management, and quantitative strategy design.
How to apply for this NFO
Confirm eligibility
Check your existing SIF holdings with ICICI AMC and confirm ₹10,00,000 PAN-level threshold.
Submit application
Apply via ICICI 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 26 Jul 2026, units credited at ₹10.00/unit. Fund reopens for transactions 31 Jul 2026.
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 ICICI Prudential Mutual Fund before applying.