MSIF Equity Long-Short
Equity Long-Short · Mahindra Manulife · 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) |
| Notice period | None at present; the AMC may introduce one (max 15 working days) |
| Cut-off and payout | 3.00 pm · Within 3 working days of receipt of a valid redemption application |
| Exit load | 0.5% if redeemed or switched out up to 3 months from allotment; nil after 3 months; FIFO basis |
| Listed on an exchange | Not listed |
| Expense ratio (Regular) | 2.08% base · 4.99% 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 |
| Structure | Open-ended equity investment strategy; category Equity Oriented Investment Strategy: Equity Long-Short Fund; strategy code MSIF/O/E/ELSF/26/09/0001/MAHM |
| Benchmark | Nifty 500 TRI (benchmark risk band: Level 5) |
| Asset allocation | Equity and equity related instruments 80%-100%; debt and money market instruments 0%-20%; units issued by InvITs 0%-10%; overseas securities up to 20% of net assets |
| Unhedged short cap | Up to 25% of net assets through derivative instruments, in addition to derivatives used for hedging and portfolio rebalancing |
| Plans & options | Regular Plan and Direct Plan; Growth option (default) and IDCW option with Payout and Reinvestment facilities (Reinvestment default) |
| First NAV | Dated 26 October 2026 in AMFI's official SIF NAV history; the AMC's strategy page shows inception as 26-10-2026. The date of allotment is not printed in the ISID or KIM |
| Fund managers | Aalap Shah, Abhishek Jaiswal |
Redemption terms from our liquidity record, checked 3 November 2026; sources: AMFI portal — Investment Strategy Information Document (S-36); Mahindra Manulife MF (MSIF) — ISID on the AMC site (same date and terms as AMFI S-36); Mahindra Manulife MF — MSIF Downloads, Notices/Addendum 2026 (two key-personnel notices only; read 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
- Mahindra Manulife (MSIF) — Investment Strategy Information Document (ISID)
- AMFI — Investment Strategy Information Document (S-36)
- Mahindra Manulife (MSIF) — Key Information Memorandum (KIM)
- 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