Home Building on core income with enhanced drivers Back Tested Strategy - Rolling Returns Risk-reward positioning How will the SIF be taxed?Fund details

This fund aims to deliver.

Altiva Hybrid Long Short Fund

Blending equities, fixed income, and derivatives which may help you achieve consistent, low-volatile returns in most of the market conditions.

(An interval investment strategy investing in equity and debt securities, including limited short exposure in equity and debt through derivatives.)

Product literature:

Presentation ISID Leaflet Forms

An income-oriented solution

Return Profile

Taxation

Debt Funds
Category*

Fixed returns guided by YTM & duration

Slab Rate

Arbitrage
Category*

Returns close to Repo/ short-term rates

LTCG: 12.5%
STCG: 20%
Holding Period: 12M

Altiva Hybrid
Long Short Strategy

Arbitrage Plus

LTCG: 12.5%
STCG: Slab Rate
Holding Period: 24M

Equity Savings
Fund Category

Debt like returns with potential for limited to moderate equity upside

LTCG: 12.5%
STCG: 20%
Holding Period: 12M

*Short Duration Funds. Please consult your tax advisor for clarity on the applicable taxation for specific investments.The above tax doesn’t incl cess & surcharge

Building on core income with enhanced drivers

Arbitrage

Fixed Income

Special Situations

Derivative Strategies

An income oriented strategy with arbitrage and fixed income as core strategies, enhanced by selective opportunities in special situations and derivatives

Back tested strategy - rolling returns

The back tested strategy has outperformed the arbitrage strategy on a 2Y Rolling Return basis since the inception

2Y Rolling Returns

Source: Internal. Strategy performance is derived using back tested data. 2Y monthly rolling returns considered for the period 30 th June 2021– 31st August 2025. Past performance may or may not be sustained in the future. Edelweiss Arbitrage Fund considered for Arbitrage strategy. NAV considered gross of expense for both the strategy. For disclosure relating to Edelweiss Arbitrage fund like Risk-o-meter, SEBI prescribed fund performance & other funds managed by the FM, refer factsheet

Risk-reward positioning

Open Equity

2Y Return %

Annualized SD

Debt Funds
Category*

8.65%

1.40%

Arbitrage
Category

8.00%

0.71%

Back Tested
Strategy

5-15%**

11.53%

2.84%

Equity Savings
Fund Category

15-40%

11.68%

7.37%

Note: 2Y Trailing returns considered.*Short Duration Funds. Data as on 31 15 st August,2025 ** Nifty50 considered. SD is annualized on monthly returns. Past performance may or may not be sustained in the future. Returns are considered gross of exp.Returns are CAGR

How will this fund be taxed?

SIF Strategy-wise Tax

STCG

LTCG

Altiva Hybrid Long Short
Fund

As per tax slab on investments
held for up to 24 months

12.5% tax on investments held
for more than 24 months

Debt Strategies

As per tax slab

Equity Strategies

20% tax on investments held
for up to 12 months

12.5% tax on investments held
for more than 12 months

Please consult tax advisor for better understanding and taxation applicable to specific investments. Above tax rates are excl. applicable cess & surcharge

Fund details

Altiva Hybrid Long-Short Fund

Investment objective

The primary objective of the investment strategy is to generate capital appreciation through equity and equity related instruments and income through arbitrage, derivatives strategies, special situations and fixed income investments.

There is no assurance that the investment objective of the Investment strategy will be achieved.

Benchmark	NIFTY 50 Hybrid Composite Debt 50:50 Index
Category of investment strategy	Hybrid Long-Short Fund
Type of investment strategy	Interval
Subscription frequency	Daily
Redemption frequency	Twice in a week (Monday and Wednesday)

Plan & Options	Direct, Regular Growth, IDCW
Min application amount	INR र 10 lakh
Min investment in SIP, STP, SWP (subject to min investment of र 10 lakh)	INR र 1,000 and in multiples of र 1/- thereafter
Features	Lumpsum, SIP, SWP, STP
Exit load	If the units are redeemed/ switched out on or before 90 days from the date of allotment – 0.50% of the applicable NAV. If the units are redeemed/switched out after 90 days from the date of allotment – Nil

Fund Managers

Equity

Mr. Bharat Lahoti View More

Mr. Bhavesh Jain View More

Debt

Mr. Dhawal Dalal View More

Ms. Pranavi Kulkarni View More

Overseas

Mr. Amit Vora View More

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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).

Risk Band & Disclaimer

This product is suitable for investors who are seeking:

To generate returns over the medium to long term through a combination of capital appreciation and income by investing in equity &equity-related and fixed income instruments

Risk-band

Benchmark Risk- band Benchmark Risk-band NIFTY 50 Hybrid Composite Debt 50:50 Index

This document is for information purposes and is not an offer to sell or a solicitation to buy any SIF units/ securities or to have business relations with Sponsor/ AMC/ Trustee Company and its associates. These views alone are not sufficient and should not be used for the development or implementation of an investment strategy. All opinions, figures and estimates included in this document (unless as specified in the document) are as of this date and are subject to change without notice. It should not be construed as investment advice to any party. Neither Sponsor/ AMC/ Trustee Company and its associates or any person connected with it, accepts any liability arising from the use of this information. Utmost care has been exercised while preparing the document, and Sponsor/ AMC/ Trustee Company and its associates does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The recipient of this material should rely on their investigations and take their own professional advice. Investment decisions of the AMC may not always be profitable.

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.

This fund aims to deliver.

Altiva Hybrid Long Short Fund

An income-oriented solution

Building on core income with enhanced drivers

Back tested strategy - rolling returns

Risk-reward positioning

How will this fund be taxed?

Fund details

Request Call Back

FAQs

What is the set-up structure of an SIF?

What is the taxation in SIF?

What are the different investment strategies in SIF?

What are the risks involved?

What is the minimum investment required for the SIF strategy, and what investment features are available?

What is the subscription and redemption frequency?

How long should I stay invested?

Where does SIF invest?

Who should invest?

Portfolio and NAV disclosure