Eminence SIF

Eminence Hybrid Long Short Fund - Regular Plan - Growth

AMFI scheme code SIF-183 · ISIN INF2VOA30045

A mandate that holds both equity and debt, with limited short exposure through derivatives on either leg. The debt allocation is what separates it from an equity long-short strategy — it is meant to steady returns across the cycle rather than to maximise them in a rising market. Short exposure is capped by SEBI at 25% of net assets.

Minimum investment

₹10,00,000

Expense ratio

2.09%Total TER, Regular plan, 12 Nov 2026 · base expense cap 1.85%

Exit load

If the units are redeemed/ switched out on or before 30 days from the date of allotment – 0.50% of the applicable NAV. If the units are redeemed/switched out after 30 days from the date of allotment – Nil. No Exit Load shall be levied in case of switch transactions from Regular Plan to Direct Plan and vice versa.

Risk band

Band 2

Benchmark

NIFTY 50 Hybrid Composite Debt 50:50 Index (Total Return Index)

Redemption

Every Monday and Every Wednesday of the week (next business day in case Monday and Wednesday is a non-business day). Redemption proceeds shall be transferred within 3 (three) business days from the date of redemption request.

Taxation

The ISID tabulates base rates for three fund categories and does not itself say which one applies to this strategy or what the holding period is. Tax on IDCW: taxable at normal tax rates applicable to the investor for residents, 20% for non-residents; Nil in the hands of the Mutual Fund. Capital gains - Equity Oriented Funds: long-term 12.50% on gains exceeding Rs 1,25,000 in a financial year (non-residents: without indexation and foreign exchange fluctuation benefit), short-term 20%. Other than Equity Oriented Funds not being a Specified Mutual Fund (labelled 'Hybrid Funds'): long-term 12.50%; short-term at normal tax rates applicable to the investor (non-residents: applicable rate under the income-tax laws). Specified Mutual Fund (labelled 'Debt Funds'; not more than 35% of total proceeds in equity shares of domestic companies): deemed short-term capital gain, taxed at normal rates applicable to the investor (non-residents: applicable rate under the income-tax laws). All rates are base rates, to be increased by applicable surcharge and health & education cess. Holding period for long-term/short-term is 'determined in accordance with the applicable income-tax laws' (no number of months stated). Further details deferred to the Eminence SIF SAI.

Dividend

Growth Option and IDCW Option under both Regular and Direct Plans; the IDCW Option has Reinvestment and Payout facilities. Default Option: Growth; default IDCW facility: Reinvestment. The Trustee reserves the right to declare IDCW on a regular basis; the strategy does not guarantee or assure declaration or payment of IDCW, which is subject to its performance and the availability and adequacy of distributable surplus. Quantum and record date are fixed by the Board of Trustees; IDCW is dispatched within 7 working days of the record date. (This scheme is the Regular Plan - Growth option.)