Apex Hybrid Long-Short Fund
Frequently asked questions
What is Apex Hybrid Long-Short Fund?
Apex Hybrid Long-Short Fund is a Specialized Investment Fund (SIF) from Aditya Birla Sun Life Mutual Fund. To generate capital appreciation and income via arbitrage, long equity, debt, equity/debt derivatives, long-short strategies, and REITs/InvITs, with limited short exposure on permitted instruments. Its benchmark is NIFTY 50 Hybrid Composite Debt 50:50 Index.
What is the minimum investment in Apex Hybrid Long-Short Fund?
The minimum investment is ₹10,00,000 (min.), additional ₹10,000, multiples of ₹1.
How often can I buy and redeem units?
Subscriptions: Daily (business days); cut-off 3:00 PM for same-day NAV. Redemptions: Daily (business days); cut-off 3:00 PM; no lock-in; must maintain ₹10L PAN-level holding.
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 Apex 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 Apex 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.