Specialised Investment Fund
Mahindra Manulife Mutual Fund
Msif Equity Long-Short Fund
Benchmark NIFTY 500 Total Return Index (TRI)
Msif Equity Long-Short Fund (Mahindra Manulife Mutual Fund) is an Equity Long-Short SIF. As of 26 Oct 2026, its NAV is ₹10.02. Risk band Level 5 (Highest).
Latest NAV
High · 3M
₹10.02
Low · 3M
₹10.02
Inception
October 21, 2026
Expense Ratio
2.1%
Overview
About the Fund
Investment Objective
Long-term capital appreciation via quantitative and fundamental long-short across large, mid, small caps
Performance
Performance & Return Drivers
NAV History · 3M
View as table
| Date | NAV (₹) |
|---|---|
| 26 Oct 2026 | 10.0178 |
Fund Return · 3M
—
3M · NAV return
Alpha over Benchmark
—
vs NIFTY 500 Total Return Index
Volatility Σ
—
building (< 60 obs)
Max Drawdown
—
peak-to-trough · 3M
Risk
Risk Profile, Exposure Limits & Fund Managers
Who Manages This Fund
Fund Manager
Mr. Aalap Shah
Fund Manager — EquityExperience
Over 20 years in Indian equity and derivatives markets; peak AUM managed above US$600 million
Qualifications
MBA; CFA (ICFAI). Previously Nippon Life Asset Management, Dolat AIF, HDFC Life, Birla Sun Life Insurance, Standard Chartered Securities
Fund Manager
Mr. Abhishek Jaiswal
Fund Manager — EquityExperience
Over 18 years in investment management across long-only, long/short and sector-focused equity; 10+ years in long/short
Qualifications
Chartered Accountant; NISM Series XIX-C. Previously Nippon Life Asset Management, Dolat AIF, Marshal Funds
Fees & Plan
Fees, Minimums & Redemption
Minimum Investment
₹10,00,000
SEBI-mandated SIF threshold
Expense Ratio
2.1%
Excl. brokerage, transaction cost & statutory levies
Exit Load
~1% within 12 months
Redemption
Daily
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.
Documents
Factsheets & Disclosures
No factsheets published for this strategy yet.
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