Apex

Specialised Investment Fund

Aditya Birla Sun Life Mutual Fund

Apex Equity Ex-Top 100 Long-Short Fund

Regular PlanEquityRisk band Level 1 (Lowest)

Benchmark NIFTY 500 TRI

Apex Equity Ex-Top 100 Long-Short Fund (Aditya Birla Sun Life Mutual Fund) is an Ex-Top 100 SIF with AUM of ₹77 Cr. As of 23 Oct 2026, its NAV is ₹9.90, with returns of -1.6% (1M) and -1.0% since inception. Risk band Level 1 (Lowest).

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Latest NAV

▼ 0.2%
₹9.90

-0.02 since previous close

High · 3M

₹10.06

Low · 3M

₹9.90

AUM

₹77.23 Cr

Inception

2026-09-01

Expense Ratio

2.01%

OverviewPerformanceRiskFeesFund ManagerDocuments
01

Overview

About the Fund

“

Investment Objective

Investment objective not yet published for this strategy.

Benchmarked againstNIFTY 500 TRI
AMCAditya Birla Sun Life Mutual Fund
StrategyEquity
Inception2026-09-01
Redemption—
02

Performance

Performance & Return Drivers

NAV History · 3M

-1.1%3M · NAV return

View as table
Recent NAV history for Apex Equity Ex-Top 100 Long-short Fund-Regular Growth
DateNAV (₹)
23 Oct 20269.9000
22 Oct 20269.9200
21 Oct 20269.9400
19 Oct 20269.9500
16 Oct 20269.9700
15 Oct 20269.9600
14 Oct 20269.9900
13 Oct 202610.0100
12 Oct 202610.0200
09 Oct 202610.0400
08 Oct 202610.0000
07 Oct 202610.0500
06 Oct 202610.0100
05 Oct 20269.9900
01 Oct 20269.9700
30 Sep 20269.9300
29 Sep 20269.9300
28 Sep 20269.9500
25 Sep 20269.9900
24 Sep 20269.9900
23 Sep 202610.0600
22 Sep 202610.0300
21 Sep 202610.0300
18 Sep 202610.0400
17 Sep 20269.9800
16 Sep 20269.9400
15 Sep 20269.9300
11 Sep 20269.9900
10 Sep 202610.0000
09 Sep 202610.0000
08 Sep 202610.0100
07 Sep 202610.0200
04 Sep 202610.0200
03 Sep 202610.0200
02 Sep 202610.0100
01 Sep 202610.0100

Fund Return · 3M

-1.1%

3M · NAV return

Alpha over Benchmark

—

vs NIFTY 500 TRI

Volatility Σ

—

building (< 60 obs)

Max Drawdown

-1.59%

peak-to-trough · 3M

04

Risk

Risk Profile, Exposure Limits & Fund Managers

Risk band Level 1 (Lowest)SEBI scale · 1 Lowest, 5 Highest
Level 1Level 2Level 3Level 4Level 5
Equity Allocation100
Debt Allocation35
Commodity Allocation—
Derivative Exposure Max—
Unhedged Short Max25

Who Manages This Fund

MS

Fund Manager

Manish Gupta, Harshil Suvarnkar

Full professional biography not yet published in the fund’s factsheet disclosures.

05

Fees & Plan

Fees, Minimums & Redemption

Minimum Investment

₹10,00,000

SEBI-mandated SIF threshold

Expense Ratio

2.01%

Excl. brokerage, transaction cost & statutory levies

Exit Load

—

Redemption

—

Why a ₹10 lakh minimum?

SEBI set this threshold for investors who understand complex strategies. It applies across all SIF strategies at one fund house, not per fund.

Can I redeem anytime?

Equity long-short SIFs offer daily redemption. Hybrid long-short SIFs are interval funds — redemption is only on specific windows, as set out above.

How is a SIF taxed?

Like mutual funds, a SIF is taxed only when you redeem — there is no annual capital-gains event as with PMS or AIF structures.

06

Documents

Factsheets & Disclosures

No factsheets published for this strategy yet.

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