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HomeAll SIFsSummit Equity Long-Short Fund
EquityEquity Long-Short

Summit Equity Long-Short Fund

ISIN INF205K30030·Launched 24 Jul 2026·Benchmark BSE 500 TRI
Plan & Option
GrowthIDCWIDCW Reinvestment
Latest NAV
₹10.0300
+₹0.0500 (+0.50%) · 2026-07-27
AUM
Since Inception
+0.5%
Absolute, not annualised
Min. Investment
₹10,00,000
Expense Ratio
Latest NAV
10.0300
+0.0500 (+0.50%)2026-07-27
Returns · Source: AMFI NAV history

Trailing returns

Fund return vs. Equity Long-Short category average.

1M
Cat avg +0.8%
3M
Cat avg +3.1%
6M
Cat avg +3.7%
1Y
Not available
SI
+0.5%
Since inception
NAV Performance
₹9.9800₹9.9925₹10.0050₹10.0175₹10.0300Jul 24Jul 27
Category comparison — 1M returns
Equity Long-Short · 11 funds
qSIF Equity Long Short
+3.15%
Altiva Equity Ex- Top
+1.98%
Arudha Equity Long-Sho
+1.57%
Category average
+0.78%
Key facts
from KIM / ISID
Min. investment₹10,00,000
Expense ratio
AUM
Inception date22 Jul 2026
BenchmarkBSE 500 TRI
Exit loadif units are redeemed/switched out on or before 3 months from the date of allotment: 0.50% if units are redeemed/switched-out after 3 months: Nil Switch between the Plans under the Investment Strategy: Nil
Maximum TER

SIFcase is a research and comparison platform. Information shown is for educational purposes only and should not be considered investment advice. Investments in securities markets are subject to market risks. Please read all official scheme documents carefully before investing. Past performance is not indicative of future results. SIFs require a minimum investment of ₹10 lakh.

Taxation

How returns from this fund are taxed

Short-Term Capital Gain (< 12 months)

Taxed at 20% as per equity taxation rules.

Long-Term Capital Gain (> 12 months)

Taxed at 12.5% on gains exceeding ₹1.25 lakh per year.

Dividend / IDCW

Taxed at applicable slab rate as ordinary income.

Based on fund category (Equity). Consult a tax advisor for your specific situation.

Risk Analytics

Risk-adjusted metrics

Sharpe Ratio (SI)
Risk-adjusted return per unit of volatility.
Insufficient history
Volatility (SI)
Annualised standard deviation of daily returns.
Insufficient history
Max Drawdown (SI)
Peak-to-trough decline in NAV since inception.
0.00%
Max Drawdown (3M)
Peak-to-trough in last 3 months.
Insufficient history
SEBI Riskometer
Risk Band
RISK-LEVEL 5
Summit Equity Long-Short Fund
Lower RiskHigher Risk
1
2
3
4
5
Very High
Portfolio

Portfolio holdings

Fund Details

Key scheme information

AUM & Costs
Minimum Investment₹10,00,000
Additional Investment₹10,000
Exit Loadif units are redeemed/switched out on or before 3 months from the date of allotment: 0.50% if units are redeemed/switched-out after 3 months: Nil Switch between the Plans under the Investment Strategy: Nil
Scheme TypeOpen Ended Schemes
Benchmark & Risk
BenchmarkBSE 500 TRI
Fund Risk BandRisk Band 5
Management

Fund managers

1 manager
HJ
Hiten Jain
Fund Manager
Portfolio

Asset allocation

As per latest factsheet4 asset classes
Equity
0.00%
Debt
0.00%
Cash
0.00%
Other
0.00%
Portfolio

Fundamentals vs category

MetricFundCategory Avg
Portfolio

Concentration & market cap

Large Cap
0%
Mid Cap
0%
Small Cap
0%
Comparison

Peer funds

FundAUMP/EP/BTER
Summit Equity Long-Short Reg Gr
Arthaya Equity Long Short Regu Gr2.1%
qsif Equity Long-Short Reg Gr592.4725.812.664.45%
Diviniti Equity Long Short Reg Gr333.7823.153.014.29%
DynaSIF Equity Long - Short Reg Gr276.5230.655.292.1%
Titanium Equity Long-Short Reg Gr207.8519.12.79
Sapphire Equity Long-Short SIF Reg Gr153.0418.232.712.1%
Arudha Equity L-S Reg Gr91.1418.872.672.1%
WSIF Equity L-S Reg Gr17.1826.813.542.1%
Fund Manager

Who manages this fund

HJ
Hiten Jain
Fund Manager
Documents

Scheme documents

No documents published yet

Official filings — Scheme Information Document, Investment Strategy Information Document and portfolio disclosures — will appear here once uploaded and verified.

NAV from AMFIReturns calculated from NAV historyScheme details pending ISID/AMC verification
Scheme information
CategoryEquity
StrategyEquity Long-Short
OptionIDCW
Launch date24 Jul 2026
BenchmarkBSE 500 TRI