Altiva Hybrid Long-Short
Hybrid Long-Short · Edelweiss · Full fund page, with SEBI-format performance
Edelweiss's hybrid long-short SIF with an equity band of 25–75% and up to 25% unhedged short exposure. Risk Band 2 at launch, now 1 per AMFI's summary document. Benchmarked to the NIFTY 50 Hybrid Composite Debt 50:50 Index.
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 | Interval |
| Subscriptions | Daily |
| Redemptions | Twice a week — Monday and Wednesday (next business day if Monday/Wednesday is a non-business day) |
| Notice period | None stated (the ISID's notice-period field only repeats the Monday/Wednesday redemption days) |
| 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 30 days from allotment; nil after 30 days (for transactions from 12 May 2026, addendum dated 8 May 2026). Earlier transactions: 0.50% on or before 90 days; nil after. |
| Listed on an exchange | NSE |
| Expense ratio (Regular) | 1.21% base · 1.95% totalTotal adds brokerage, transaction costs and levies · AMFI · Regular plan · 5 Nov 2026 |
| Risk band (AMC-declared) | Level 1 of 5, as on 30 October 2026; reviewed monthly |
| Equity allocation | 25% to 75% |
| Debt allocation | 25% to 75% |
| Unhedged short | 0% to 25% of net assets via derivatives; gross exposure ≤100% |
| REITs / InvITs | 0% to 20% |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Tax treatment | Non-equity (balanced hybrid) 12.5% LTCG after 12m (units listed on NSE); STCG at slab rate |
| Fund managers | Dhawal Dalal, Bharat Lahoti, Bhavesh Jain, Amit Vora, Kedar Karnik |
Redemption terms from our liquidity record, checked 3 November 2026; sources: AMFI portal — Investment Strategy Information Document (S-3); AMFI portal — Investment Strategy Summary Document (SSD_S-3); undated, date is PDF metadata; Edelweiss MF (Altiva SIF) — Notice cum Addendum, change in exit load structure of Altiva Hybrid Long-Short Fund, effective 12 May 2026; 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
- AMFI — Investment Strategy Information Document (S-3)
- Edelweiss MF (Altiva SIF) — Key Information Memorandum (KIM)
- How a Hybrid 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