iSIF Hybrid Long-Short Fund

ICICI Prudential Mutual Fund

Frequently asked questions

What is iSIF Hybrid Long-Short Fund?

iSIF Hybrid Long-Short Fund is a Specialized Investment Fund (SIF) from ICICI Prudential Mutual Fund. To generate long-term capital appreciation via equity and equity-related securities, and regular income via debt instruments; may also use equity/debt derivative strategies and invest in InvITs. Its benchmark is CRISIL Hybrid 50+50 Moderate Index.

What is the minimum investment in iSIF 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 (business days); cut-off 3:00 PM for same-day NAV. Redemptions: Weekly (Mon & Wed); shifts to next business day if holiday.

What is the exit load?

Exit load: 1% (≤12 months), 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 iSIF Hybrid Long-Short Fund?

The scheme is classified as Level 5 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 iSIF 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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