qsif Equity EX-Top 100 Long Short Fund
Benchmark Index: NIFTY 500 Total Return Index (TRI)
Plan: Regular Growth
NAV
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To generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments while employing limited short exposure through derivatives to enhance returns and manage risk efficiently.
Risk Band Level 5
Fund Details (qsif Equity EX- Top 100 Long - Short Fund)
Investment Objective
To generate long-term capital appreciation by investing primarily in equity and equity-related instruments of stocks outside the top 100 by market capitalization, while utilizing limited short exposure through derivatives to enhance returns and manage risk. There is no assurance that the investment objective of the Investment strategy will be achieved.
Asset Allocation Pattern
| Instrument | Minimum | Maximum |
|---|---|---|
| Equity instruments excluding Top 100 | 65% | 100% |
| Equity instruments in Top 100 | 0% | 35% |
| Debt & Money Market Instruments | 0% | 35% |
| ReITS and InVITS | 0% | 20% |
Investment strategy
This fund employs a dynamic investment strategy focused on mid- and small-cap companies, allocating at least 65% of its net assets to equity and equity-related instruments of firms outside the top 100 by market capitalization, targeting undervalued or high-growth opportunities in these segments. To enhance flexibility, up to 35% of net assets may be invested in the top 100 companies by market cap. The fund complements its long equity positions, which can range from 65% to 100% of the portfolio, with up to 25% in unhedged short derivative positions (such as futures or options on mid- or small-cap stocks) to capitalize on overvalued or declining securities. For liquidity and risk management, up to 35% of the portfolio may be held in cash or money market instruments. Beyond the 25% cap, additional derivative exposure is allowed for full hedging of the long portfolio and for rebalancing, enabling the fund to adaptively manage risk and optimize returns in varying market conditions.