Altiva Equity Ex-Top 100 LS
Equity Ex-Top 100 Long-Short · Edelweiss · Full fund page, with SEBI-format performance
Holds at least 65% in stocks ranked outside the top 100 by market capitalisation — a mid- and small-cap tilt — with unhedged short exposure of up to 25% of net assets.
Key terms
| Minimum investment | ₹10 lakh across all strategies of this SIF, at PAN level (accredited investors exempt; the fund house sets their minimum). Mutual fund holdings do not count. |
|---|---|
| Structure | Open-ended |
| Subscriptions | Daily |
| Redemptions | Daily (every business day) |
| Notice period | None (ISID: not applicable) |
| Cut-off and payout | 3.00 pm · Within 3 working days of the redemption date |
| Exit load | 0.50% of applicable NAV if redeemed or switched out on or before 90 days from allotment; nil after 90 days |
| Listed on an exchange | Not listed |
| Expense ratio (Regular) | 1.79% base · 3.02% totalTotal adds brokerage, transaction costs and levies · AMFI · Regular plan · 5 Nov 2026 |
| Risk band (AMC-declared) | Level 5 of 5, as on 30 October 2026; reviewed monthly |
| Benchmark | Nifty 500 TRI |
| Ex-top-100 equity (incl. REITs, incl. unhedged shorts) | 65–100% of total assets |
| Other equity & equity related | 0–35% |
| Debt & money market | 0–35% |
| InvIT units | 0–20% |
| Unhedged short cap | Up to 25% of net assets, in ex-top-100 stocks; derivatives exposure up to 100% |
| Structure | Open-ended — not an interval strategy |
| Plans & options | Regular and Direct; Growth and IDCW (reinvestment / payout / transfer) |
| Date of allotment | 8 June 2026 |
| Strategy code | ALTV/O/E/EELS/26/03/0002/EDEL |
| Fund managers | Trideep Bhattacharya, Nikhil Gada, Ashish Sood, Amit Vora |
Redemption terms from our liquidity record, checked 3 November 2026; sources: AMFI portal — Investment Strategy Information Document (S-22); AMFI portal — Investment Strategy Summary Document (SSD_S-22); undated, date is PDF metadata; Edelweiss MF — Altiva SIF Notice Cum Addendums page, 2025 and 2026 lists (checked 3 Nov 2026). Other rows as stated on the fund page, which cites the fund house’s documents. Fund houses change terms by notice-cum-addendum; the latest offer documents govern.
Read before investing
- Edelweiss MF — Investment Strategy Information Document (ISID)
- Edelweiss MF (Altiva SIF) — Key Information Memorandum (KIM)
- How a Equity Ex-Top 100 Long-Short strategy works, from SEBI’s rules
What your distributor should explain
SEBI asks a distributor to explain, in clear language, before an investment (SEBI FAQs for distributors, C10):
- the relatively higher-risk nature of the product;
- the ₹10 lakh PAN-level threshold and what happens on an active or a passive breach;
- the strategy’s objective, asset allocation, derivatives exposure, risk band and scenario analysis;
- the subscription and redemption frequency, notice period, liquidity-management tools, fees, expenses and exit load, if any.
Investments in Specialized Investment Fund involves relatively higher risk including potential loss of capital, liquidity risk and market volatility. Please read all investment strategy related documents carefully before making the investment decision.
This note gives facts from public documents; it is not a recommendation and does not say whether the strategy suits you. It shows no performance: see the fund page for figures in SEBI’s format. Trustner Asset Services Pvt. Ltd. (CIN U66301AS2023PTC025505) is an AMFI-registered Mutual Fund & SIF Distributor, ARN-286886, offers the Regular plan and receives commission from the fund house. merasif.com