AHMEDABAD, October 20– altivaSIF By Edelweiss Mutual Fund (Edelweiss MF / EMF / EAMC) today announced the successful closure of its first SIF fund Altiva Hybrid Long-Short Fund, under the Altiva SIF platform, raising approximately ₹320 crores. The robust subscription highlights investor confidence in differentiated, tax-efficient investment strategies designed to deliver consistent outcomes across market conditions.

The Altiva Hybrid Long-Short Fund is an interval investment strategy that aims to deliver consistent, income-oriented returns through a core allocation in equity arbitrage and high-quality fixed income. This is complemented by selective opportunities in special situations in equity markets such as IPOs, buybacks, open offers, and mergers, pair trades along with low-risk derivative strategies like covered calls and straddles. This combination of multiple strategies aims for smoother outcomes regardless of overall market direction in the medium term.

The Altiva Hybrid Long-Short Fund is positioned as an interval investment strategy with daily subscriptions and redemptions available twice a week (Mondays and Wednesdays). The minimum application amount is ₹10 lakh, with options including lump sum, SIP, STP, and SWP. Moreover, since it is under the SIF framework, it allows for taxation efficiency, with long-term capital gains taxed at 12.5% beyond a 24 months holding period.

(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)

(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)