Apex SIF

Apex Hybrid Long-Short Fund - Regular - Growth

AMFI scheme code SIF-80 · ISIN INF209K30040

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

2.72%Total TER, Regular plan, 11 Nov 2026

Exit load

0.50% of applicable NAV for redemption/switch-out on or before 90 days from the date of allotment; Nil for redemption/switch-out after 90 days from the date of allotment.

Risk band

Band 1

Benchmark

NIFTY 50 Hybrid Composite Debt 50:50 Index

Redemption

Twice a week (every Monday & Wednesday). If it falls on a non-business day, the immediate next business day.

Taxation

Tax on IDCW: 10% for residents (not deducted where cumulative IDCW from the fund is below Rs 10,000 in a financial year) and 20% for non-residents; Nil in the hands of the Mutual Fund. Capital gains: long-term 12.5% without indexation plus applicable surcharge and 4% cess; short-term taxable at the normal rates of tax applicable to the assessee. Units are listed, so the long-term holding period is more than 12 months. Withholding under section 195 applies to capital gains arising to non-residents. Full details deferred to the Apex SIF SAI.

Dividend

Growth Option and IDCW Option (Payout of IDCW & Reinvestment of IDCW) available under each Plan; Default Option is Growth. IDCW subject to availability of distributable surplus and at the discretion of the Trustees.

Apex Equity Long-Short Fund - Regular Plan - Growth

AMFI scheme code SIF-154 · ISIN INF209K30107

A predominantly equity mandate that holds long positions in stocks it expects to appreciate while taking limited short exposure, through derivatives, against those it expects to fall. The short leg is capped by SEBI at 25% of net assets, so the strategy is directional rather than market-neutral: it aims to add return and damp drawdowns, not to remove market exposure.

Minimum investment

₹10,00,000

Expense ratio

4.74%Total TER, Regular plan, 11 Nov 2026 · base expense cap 2.10%

Exit load

For redemption/switch-out of units on or before 365 days from the date of allotment: 1% of applicable NAV. For redemption/switch-out of units after 365 days from the date of allotment: Nil. No exit load for switches from Regular Plan to Direct Plan of the same Investment Strategy or from a discontinued plan/option to a continuing plan/option.

Risk band

Band 1

Benchmark

NIFTY 500 TRI

Redemption

Daily. The Investment Strategy will offer daily redemption for all business days; redemption proceeds are transferred within three working days.

Taxation

Tax on IDCW: 10% for residents (not deducted where cumulative IDCW from the fund is below Rs 10,000 in a financial year) and 20% for non-residents; Nil in the hands of the Mutual Fund. Capital gains: long-term 12.5% (without indexation) plus applicable surcharge and 4% cess; short-term 20% plus applicable surcharge and 4% cess. Long-term holding period is more than 12 months. Equity oriented funds attract STT at applicable rates; withholding under section 393(2) applies to non-residents. Full details deferred to the Apex SIF SAI.

Dividend

Growth Option only under both Regular and Direct Plans (default option: Growth); the investment strategy is currently not offering an IDCW option.

Apex Equity Ex-Top 100 Long-short Fund - Regular Plan - Growth

AMFI scheme code SIF-156 · ISIN INF209K30081

The same long-short approach applied outside the 100 largest listed companies by market capitalisation. Excluding the top 100 puts the mandate in mid- and small-cap territory, where coverage is thinner and mispricing more common — which is the case for the strategy, and equally the reason its drawdowns can be sharper. Short exposure is capped by SEBI at 25% of net assets.

Minimum investment

₹10,00,000

Expense ratio

4.52%Total TER, Regular plan, 11 Nov 2026 · base expense cap 2.10%

Exit load

For redemption/switch-out of units on or before 365 days from the date of allotment: 1% of applicable NAV. For redemption/switch-out of units after 365 days from the date of allotment: Nil. No exit load for switches from Regular Plan to Direct Plan of the same Investment Strategy or from a discontinued plan/option to a continuing plan/option.

Risk band

Band 1

Benchmark

NIFTY 500 TRI

Redemption

Daily. The Investment Strategy will offer daily redemption for all business days; redemption proceeds are transferred within three working days.

Taxation

Tax on IDCW: 10% for residents (not deducted where cumulative IDCW from the fund is below Rs 10,000 in a financial year) and 20% for non-residents; Nil in the hands of the Mutual Fund. Capital gains: long-term 12.5% (without indexation) plus applicable surcharge and 4% cess; short-term 20% plus applicable surcharge and 4% cess. Long-term holding period is more than 12 months. Equity oriented funds attract STT at applicable rates; withholding under section 393(2) applies to non-residents. Full details deferred to the Apex SIF SAI.

Dividend

Growth Option only under both Regular and Direct Plans (default option: Growth); the investment strategy is currently not offering an IDCW option.