The World of Altiva What is Altiva SIF SIF vs other investment avenues Our Investment Edge Team behind SIF Media Download Faqs

"where wealth meets vision"

The world of altiva

Altiva by Edelweiss Mutual Fund is designed for investors who seek focus, not noise, and long-term conviction over short-term moves. It combines deep research, forward-thinking strategy, and institutional discipline to curate investment opportunities aligned with elevated financial goals. Crafted for those who strive for excellence, it embodies clarity of purpose, strategic insight, and a commitment to sustained performance. 

Altiva and Edelweiss - A shared spirit

Altiva is born from altitude—embodying the resolve to rise above, the vision to see beyond, and the discipline to move with intent. Drawing from the spirit of Edelweiss—the rare alpine flower that thrives where few can—altiva represents the pinnacle of investment.

What is altiva SIF

Altiva SIF (Specialized Investment Fund) represents Edelweiss AMC's strategic foray into the SIF space, aiming to cater to the needs of investors seeking more agile and innovative investment solutions. The platform is designed to offer a middle ground between the simplicity of mutual funds and the customization of PMS/AIFs, providing a balanced approach to portfolio construction. Altiva SIF will offer differentiated investment solutions across equity, hybrid and fixed income categories, catering to evolving investor needs.

SIF vs other investment avenues

SIF
(Specialized Investment Fund)		 Mutual Fund (MF) Portfolio Management
Services (PMS)		 Alternative Investment Fund
(AIF)
Target Investors Affluent investors seeking advanced yet tax-efficient strategies First-time to long-term investors HNIs desiring personalized portfolio management Ultra-HNIs & institutions exploring non-traditional assets
Minimum Investment ₹10 lakh ₹100 (SIP & Lumpsum) ₹50 lakh ₹1 crore
Structure Hybrid between MF & PMS/AIF; retains MF-like taxation Pooled, SEBI-regulated investment vehicle Separately managed, direct stock ownership Pooled, privately placed schemes
Strategies Flexible: Long-short, dynamic asset allocation, etc. Equity, debt, hybrid, index-based Customizable: thematic, concentrated, sectoral Private equity, venture capital, hedge, real estate, special situations
Taxation Similar to Mutual Funds (depending on asset class) Tax-efficient with indexation & capital gain benefits Based on individual security treatment Pass-through taxation depending on category
Liquidity Moderate (depends on strategy) High (open-ended) Moderate (subject to exit load/notice period) Low (typically closed-ended)
Suitability Investors wanting flexibility with a tax-efficient wrapper Beginners & long-term retail investors HNIs seeking active and customized portfolio control Sophisticated investors aiming for higher returns with higher risk appetite

Our Investment Edge

Disciplined. Consistent. True to Label.

Our investment philosophy is built on a disciplined and consistent approach, anchored in a clearly defined investment process and a robust risk management framework. We manage capital with care and integrity, striking the right balance between growth potential and prudence. Above all, our portfolios remain true to their stated investment style, ensuring consistency in performance, transparency in approach, and the creation of enduring value for our investors over the long term.

Process Driven. Style-Agnostic. Strong Governance.

Our investment approach is anchored in a process-driven framework designed to deliver consistent, long-term outcomes.

  • Clear Guardrails: Each fund operates within defined investment guardrails, ensuring consistency across market cycles and continuity in investment approach.
  • Style-Agnostic: We invest in strong businesses with long-term potential, without being confined to value or growth labels.
  • Governance Oversight: Every investment is assessed for financial quality, governance standards, and ownership credibility.
  • Consistent Outcomes: Focused on delivering steady, above-average returns over time, not chasing top ranks.
Distinct Investment Capabilities

Our investment team, with 215+ years of combined experience, is organized into three specialized teams to deliver focused expertise across asset classes:

  • Fundamental Equity Team uses the FAIR framework to identify clean, robust businesses at reasonable valuations, without bias toward value or growth.
  • Factor Investing Team seeks to generate ALPHA through structured, rules-based strategies, blending quality, growth, and agility in evolving factor sets.
  • Fixed Income Team follows the CLEAR philosophy, prioritizing credit risk management, liquidity, and risk-reward optimization.

Our strong track record across Equity, Fixed Income and Hybrid Funds reflects the power of specialization, discipline, and a consistent investment process.

Team behind SIF

What Kind Of Returns Can You Expect From
A Specialized Investment Fund

Media

Downloads

Definition Pending Litigation Presentation List if ISCs, OPAs & Collecting Banker Details
Investments in Specialized Investment Fund involves relatively higher risk including potential loss of capital, liquidity risk and market volatility. Please read all investment strategy related documents carefully before making the investment decision.

FAQs

A SIF is an investment strategy under the MF trust. A registered MF may establish SIF, provided they meet the eligibility criteria under one of the following routes:
Route 1 - Sound track record
Mutual Fund has been in operation for a minimum period of 3 years and has an average asset under management (‘AUM’) of not less than INR 10,000 crores, in immediately preceding 3 years.

Route 2 – Alternate route:
a. A Chief Investment Officer (‘CIO’) for the SIF with an experience of fund management of at least 10 years and has managed an average AUM of not less than INR 5,000 crores,
and
b. An additional Fund Manager for the SIF with experience of fund management of at least 3 years and has managed an average AUM of not less than INR 500 crores.

Taxation in SIFs is aligned with MF taxation. Equity strategies are subject to 12.5% long-term capital gains (LTCG) tax, while short-term gains (STCG) are taxed at 20%. Debt-oriented strategies are taxed as per the investor’s applicable slab rate. For hybrid strategies with less than 65% allocation to debt/equity and an investment horizon of over two years, the applicable LTCG tax is 12.5% while STCG will be taxed as per slab rates. The taxation at fund level will be nil as per Section 10 (23D)

A SIF investment strategy can be structured under one of three categories—Equity, Debt, or Hybrid—across seven eligible subcategories as defined by SEBI.
The different subcategories under each category are as follows: Equity investment strategies include Equity Long-Short Fund, Equity Ex-Top 100 Long-Short Fund, Sector Rotation Long-Short Fund. Debt investment strategies include Debt Long-Short Fund & Sectoral Long-Short Fund. Hybrid investment strategies include Active Asset Allocator Long-Short Fund & Hybrid Long-Short Fund

Risk levels vary depending on the investment strategy. Equity investments carry risks such as market volatility, liquidity issues, and concentration in specific stocks or sectors. Debt investments face risks like interest rate movements, credit defaults, low liquidity, and reinvestment at lower yields. Debt strategies are generally the least risky, followed by hybrid strategies, while equity strategies carry higher risk. Derivatives offer strategic flexibility but also introduce risks like price volatility and limited liquidity, which can be managed through disciplined risk controls. The maximum short exposure through derivatives is capped at 25%, which may elevate risk if not managed with adequate prudence.

An investor can invest in the investment strategy managed by the SIF with a minimum aggregated investment of ₹10,00,000 across all strategies offered under that SIF. Investments can also be made through Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), or Systematic Withdrawal Plan (SWP) routes, provided the minimum threshold of ₹10,00,000 is maintained.

The subscription frequency and redemption frequency of an investment strategy may be distinct from each other
(Eg: An investment strategy may permit daily subscriptions, while offering weekly redemptions

The appropriate investment horizon depends on the investment objective of the selected strategy and the investor’s risk appetite. For short-term investors, a minimum horizon of 2 years is advisable. For medium-term goals, a horizon of 2 to 5 years is recommended. Long-term investors should ideally remain invested for over 5 years to fully benefit from the strategy.

SIFs have distinct investment universes based on whether the strategy is equity, debt, or hybrid, with the flexibility to use derivatives within both equity and debt instruments to enhance returns and manage risk.

Investors with a higher risk appetite seeking diversification beyond traditional assets and MFs may consider SIFs, which offer differentiated strategies, including exposure to derivatives for enhanced return potential and risk management

The SIF shall disclose portfolio (along with ISIN), including derivative instruments, as on the last day of every alternate month within 10 days from the close of such month. NAVs are disclosed by 11:00 PM on the same business day (T day).