Diviniti Equity Long-Short
Equity Long-Short · ITI · Full fund page, with SEBI-format performance
Holds at least 80% in equity and equity-related instruments, with unhedged short exposure of up to 25% of net assets taken through derivatives — an all-cap approach with a derivative overlay.
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 (business days) |
| Redemptions | Daily (business days) — 'or any lesser redemption frequency as may be decided by the AMC'; currently daily |
| Notice period | None (ISID: not applicable) |
| Cut-off and payout | 3.00 pm · Within 3 business days of the redemption date |
| Exit load | Free allowance: up to 10% of units allotted may be redeemed without exit load within the first 6 months. Redemptions above that within 6 months: 0.50%; nil after 6 months. Units redeemed first-in-first-out. |
| Listed on an exchange | Not listed |
| Expense ratio (Regular) | 2.10% base · 4.65% totalTotal adds brokerage, transaction costs and levies · AMFI · Regular plan · 3 Nov 2026 |
| Risk band (AMC-declared) | Level 5 of 5, as on 30 October 2026; reviewed monthly |
| Benchmark | Nifty 50 (TRI) — Tier 1; no Tier 2 benchmark |
| Equity & equity-related (incl. REITs, incl. unhedged shorts) | 80–100% (w.e.f. 1 Jan 2026) |
| Debt & money market | 0–20% |
| InvIT units | 0–20% |
| Unhedged short cap | Up to 25% of net assets (non-hedging derivatives) |
| Structure | Open-ended — not an interval strategy |
| Plans & options | Regular and Direct; Growth and IDCW (payout / reinvestment) |
| Face value | ₹1,000 per unit |
| Date of allotment | 1 December 2025 (NFO 10–24 Nov 2025; re-opened 3 Dec 2025) |
| Scheme code | DELS/O/E/ELSF/25/10/0001/ITIM |
| Fund managers | Ritika Chhabra |
Redemption terms from our liquidity record, checked 3 November 2026; sources: AMFI portal — Investment Strategy Information Document (S-5); ITI MF (Diviniti SIF) — Notice and Addendum list, Nov 2025–Oct 2026 (checked 3 Nov 2026; no liquidity changes); ITI MF — Diviniti SIF factsheet, September 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
- ITI MF — Key Information Memorandum (KIM)
- SEBI — Investment Strategy Information Document (ISID)
- How a Equity 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