Altiva Hybrid Long-Short Fund
Frequently asked questions
What is Altiva Hybrid Long-Short Fund?
Altiva Hybrid Long-Short Fund is a Specialized Investment Fund (SIF) from Edelweiss Mutual Fund. To generate capital appreciation through equities and related instruments, and income via arbitrage, derivatives, special situations, and fixed income. Its benchmark is NIFTY 50 Hybrid Composite Debt 50:50 Index.
What is the minimum investment in Altiva Hybrid Long-Short Fund?
The minimum investment is ₹10,00,000, multiples of ₹1 thereafter.
How often can I buy and redeem units?
Subscriptions: Daily. Redemptions: Weekly (Mon & Wed); shifts to next business day if holiday.
What is the exit load?
Exit load: 0.50% (≤90 days), Nil after. Confirm the latest terms in the scheme's SID.
How is a SIF different from a mutual fund?
A SIF can take limited short positions through derivatives, which a regular mutual fund scheme generally cannot, and it has a higher minimum investment. That flexibility adds derivative, liquidity and manager-execution risk, so read the SID before investing.
How risky is Altiva Hybrid Long-Short Fund?
The scheme is classified as Level 1 on the risk-o-meter shown on this page. SIFs are subject to market risk, and past performance is not indicative of future returns.
How is Altiva Hybrid Long-Short Fund taxed?
Tax depends on how much of the portfolio is held in equity and on the holding period, so it differs from an equity-oriented fund. Check the scheme's SID for its tax treatment and speak to a tax adviser before investing.
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