MSIF

MSIF Equity Long-Short Fund - Regular Plan - Growth

AMFI scheme code SIF-174 · ISIN INF174V30019

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

4.99%Total TER, Regular plan, 11 Nov 2026 · base expense cap 2.10%

Exit load

0.5% is payable if units are redeemed / switched out up to 3 months from date of allotment. Nil if units are redeemed / switched out after 3 months from the date of allotment. Redemption / Switch-out of units would be done on First in First out basis (FIFO). There shall be no exit load levied in case of switch of investments i) between the Plans (i.e. Regular and Direct Plans); and/or ii) between the options (i.e. IDCW and Growth options), within the Investment Strategy/Plan.

Risk band

Band 5

Benchmark

Nifty 500 TRI

Redemption

Daily (Business Days). The Investment Strategy will offer Units for Subscription and Redemption at NAV based prices on all Business Days on an ongoing basis; under normal circumstances, the AMC shall dispatch the redemption proceeds within 3 working days from date of receipt of redemption request. Currently, there is no notice period applicable (the AMC may implement a notice period for redemption, not exceeding 15 working days).

Taxation

Classified as an 'equity-oriented fund' under the Income-tax Act, 2025; the entire income of the Mutual Fund is not chargeable to tax. Capital gains (resident and non-resident investors): short-term (period of holding less than or equal to 12 months) 20% on gains on redemption of units; long-term (period of holding more than 12 months) 12.50% on gains exceeding Rs 1,25,000, with no indexation and no exchange fluctuation benefit, where STT is payable on redemption. Dividend / income distribution: taxable at normal rates of tax applicable to the unitholder (resident companies 30%/25%/22%/15%; non-resident corporates 35%; 20% under section 209 if units are purchased in foreign currency). Income-tax rates are plus applicable surcharge and 4% Health & Education Cess. TDS: residents Nil on capital gains and 10% on income distribution; non-residents 20% on short-term gains, 12.50% on long-term gains and 20% on income distribution. STT is levied on sale of units of an equity-oriented fund to the Mutual Fund at applicable rates. Further details deferred to the SAI.

Dividend

Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option - with IDCW Payout and IDCW Reinvestment facilities - under both Regular and Direct Plans. Default option: Growth; default facility under the IDCW option: Reinvestment. Under the IDCW option, the Trustee will have discretion to declare the IDCW, subject to availability of distributable surplus; there is no assurance or guarantee as to the rate of IDCW nor that the IDCW will be paid regularly. IDCW proceeds are paid within 7 working days from the record date.