Platinum Hybrid Long-Short
Hybrid Long-Short · Mirae Asset · Full fund page, with SEBI-format performance
Invests across equity and debt within SEBI-defined bands, using derivatives both to hedge and to take short positions. Unhedged short exposure is capped at 25% of net assets. The most common SIF flavour, usually positioned as a balanced-advantage alternative.
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 | All business days |
| Redemptions | Twice a week — Monday and Thursday (next business day if a non-business day); AMC may set a lesser frequency |
| Notice period | None at present (factsheet: 'Notice Period for Redemption: Nil'); AMC may introduce one (max 15 working days) |
| Cut-off and payout | 3.00 pm — requests after Thursday 3.00 pm up to Monday 3.00 pm get Monday's NAV; after Monday 3.00 pm up to Thursday 3.00 pm get Thursday's NAV · Within 3 working days of the redemption date |
| Exit load | 1% if redeemed within 30 days from allotment; nil after 30 days — for investments made on or after 1 Jul 2026 (Notice cum Addendum SIF/05/2026 dated 29 Jun 2026). Earlier investments: 1% within 90 days; nil after. |
| Listed on an exchange | NSE and BSE |
| Expense ratio (Regular) | 1.30% base · 2.87% 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 |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index (Tier 1 benchmark), Total Return variant. Benchmark risk band: Level 3 |
| Asset allocation | Indicative allocation as % of total assets: Equity and equity related instruments 65%-75%; Short exposure through unhedged derivative positions in equity and debt instruments 0%-25%; Debt and Money Market Instruments 25%-35%; Units issued by InvITs 0%-20% |
| Unhedged short cap | Up to 25% of net assets in permissible exchange traded derivative instruments specifically for purposes other than hedging and portfolio rebalancing — i.e. unhedged short exposure of up to 25% of net assets, over and above derivative exposure for hedging/rebalancing (which may be up to 75% of net assets) |
| Plans & options | Regular Plan and Direct Plan with a common portfolio and separate NAVs. Each has (1) Growth Option and (2) IDCW Option, with Payout of IDCW and Reinvestment of IDCW sub-options. Default: Regular Plan-Growth if routed through a distributor, Direct Plan-Growth for direct investors; default IDCW sub-option is Reinvestment |
| Date of allotment | The Platinum SIF fund page states an Inception Date of 10 Jun, 2026. The ISID itself gives the NFO period as May 20, 2026 to June 03, 2026, with the Investment Strategy re-opening on June 11, 2026; the ISID does not state an explicit allotment date |
| Fund managers | Gaurik Shah |
Redemption terms from our liquidity record, checked 3 November 2026; sources: AMFI portal — Investment Strategy Information Document (S-26); Mirae Asset (Platinum SIF) — Notice cum Addendum No. SIF/05/2026, change in certain features incl. exit load of Platinum Hybrid Long-Short Fund, effective 1 Jul 2026 (prospective); Platinum SIF — Notices/Addendums (25 entries; checked 3 Nov 2026); Mirae Asset MF — Platinum SIF factsheet, October 2026 edition (data as on 30 Sep 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
- Mirae Asset / Platinum SIF — Investment Strategy Information Document (ISID), dated April 28, 2026
- Mirae Asset (Platinum 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