Edelweiss Mutual Fund has successfully closed its first SIF (Segregated Investment Fund) under the Altiva SIF platform, raising approximately Rs 320 crore. The Altiva Hybrid Long-Short Fund, which was launched to provide a tax-efficient investment strategy, has received robust subscription from both individual and corporate investors. The fund aims to deliver consistent, income-oriented returns through a combination of equity arbitrage, high-quality fixed income, and selective opportunities in special situations in equity markets.
The fund house believes that the successful subscription reflects the growing investor appetite for innovative and resilient investment solutions that combine stability with tax efficiency. Radhika Gupta, MD & CEO of Edelweiss Mutual Fund, stated that the success reinforces the trend of investors seeking structured, multi-strategy products capable of delivering consistent outcomes across market conditions.
The Altiva Hybrid Long-Short Fund is an interval investment strategy that offers daily subscriptions and redemptions available twice a week. The minimum application amount is Rs 10 lakh, with options including lump sum, SIP, STP, and SWP. The fund is positioned as a tax-efficient investment product, with long-term capital gains taxed at 12.5% beyond a 24-month holding period.
The fund’s core allocation to fixed income, arbitrage, and smart long/short equity strategies aims to deliver steady, low-volatile returns. The fund also provides 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.
Deepak Jain, President & Head – Sales, Edelweiss Asset Management, stated that the overwhelming participation from both individual and corporate investors demonstrates strong confidence in their multi-strategy approach. The fund house is excited about the path ahead and its vision to create all-weather, tax-efficient investment products that cater to evolving investor needs.
The successful closure of the Altiva Hybrid Long-Short Fund is a significant milestone for Edelweiss Mutual Fund, and the company remains committed to introducing differentiated products backed by rigorous research and disciplined execution. As a reliable and trusted news source, it is essential to stay updated on the latest developments in the mutual fund industry, and Edelweiss Mutual Fund’s innovative approach to investment strategies is definitely worth watching.