ICICI Prudential Mutual Fund · A new strategy for ICICI Prudential’s iSIF
Draft filed with SEBI (listed 29 Oct 2026) for a sector-rotation long-short strategy under ICICI Prudential’s iSIF: an open-ended equity strategy investing in equity and equity-related instruments across a maximum of four sectors, with limited short exposure through unhedged derivatives. Proposed benchmark Nifty 500 TRI. Min ₹10 lakh across iSIF strategies (₹10,000 for accredited investors); subscription and redemption on every business day; exit load 1% within 12 months; not proposed to be listed. Manager named in the draft: Sankaran Naren. Terms in a draft can change before launch. NFO window not yet announced.
| Detail | Draft filed 29 Oct 2026 |
| Status | window awaited |
| Live SIFs already in this strategy | 1 |
| Their expense ratios (Regular plan) | Base 2.10% to 2.10%; all-in total 4.11% to 4.11% |
| Assets already in the strategy | ₹62 Cr |
From AMFI’s official SIF NAV feed and TER disclosure (the all-in total adds brokerage, transaction costs and statutory levies); assets from each fund house’s latest portfolio statement. See every live Sector Rotation Long-Short SIF →
We link to the fund house’s own files and never re-host them. The offer documents govern; read them before investing.
Not yet. ICICI Prudential Mutual Fund has filed a draft offer document with SEBI; the NFO dates are set only when the final document is published.
₹10 lakh, counted at PAN level across all the SIF strategies of one fund house (accredited investors are exempt), as SEBI’s SIF framework sets it.
No. A fund in NFO has no NAV history and no performance, so it cannot be compared with a live fund. Judge it on its offer document: the strategy, the limits on short positions, the fund managers and the costs.
Every document we link is the fund house’s or AMFI’s own copy: SEBI draft filing (29 Oct 2026), Draft ISID (SEBI), iSIF site (ICICI Prudential MF).
Questions about this launch, the paperwork or the ₹10 lakh minimum? Our team walks you through the offer document. No fee, no obligation.
Source: Draft ISID on SEBI’s draft offer documents list (listed 29 Oct 2026, read in full 6 Nov 2026); not yet in AMFI’s ISID series. Register updated 6 Nov 2026. *₹10 lakh at PAN level across one fund house’s SIF strategies; accredited investors are exempt.
Information only, not a recommendation to invest in any NFO or fund. Trustner Asset Services Pvt. Ltd. is an AMFI-registered Mutual Fund & SIF Distributor (ARN-286886) and may receive commission from fund houses. SIF investments are subject to market risks; read all scheme-related documents carefully before investing.
NFO windows last about two weeks. We send a short note with the dates and the offer documents when a new SIF opens. Free.