Apex Equity Ex-Top 100 Long-short Fund

Risk band

Band 1

What the risk band means

Volatility (annualised)

N/A — Insufficient history

How this is calculated

Maximum drawdown

N/A — Insufficient history

How this is calculated

Risk bands are indicative and may vary with market conditions and portfolio composition.

Total TER charged (Regular plan)

4.52%

As of 11 Nov 2026

Source: AMFI · TER disclosure(opens in a new tab)

Base expense ratio charged (Regular plan)

2.01%

As of 11 Nov 2026. Total TER = base expense ratio + brokerage and transaction costs + statutory levies.

Maximum permitted base expense ratio

2.10%

The ceiling stated in the scheme document.

Source: Investment Strategy Information Document, 22 Jul 2026(opens in a new tab) — p.23 row 'Maximum Base Expenses Ratio (BER) permissible under Regulation 66': Upto 2.10%; table of limits on p.22

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.

Read as: 1.00%; no load after 365 days from allotment.How this is calculated

Redemption

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

Screener bucket: Daily

Source: Aditya Birla Sun Life AMC Limited (Apex SIF) · ISID(opens in a new tab) — Part I item IX: 'The Investment Strategy will offer daily redemption for all business days.'; VI 'transfer the Redemption proceeds within three working days'

Subscription

The Investment Strategy will be open for daily subscription for all business days.

Screener bucket: Daily

Source: Aditya Birla Sun Life AMC Limited (Apex SIF) · ISID(opens in a new tab) — Part I item VIII Subscription frequency: 'The Investment Strategy will be open for daily subscription for all business days.'

Settlement

T+3

Minimum investment

₹10,00,000

Minimum additional investment

₹10,000

Source: Aditya Birla Sun Life AMC Limited (Apex SIF) · ISID(opens in a new tab) — Part I item XV Minimum Additional Purchase Amount: 'Rs. 10,000 and in multiples of Re. 1 thereafter.'

Plans and options

Growth

Source: Aditya Birla Sun Life AMC Limited (Apex SIF) · ISID(opens in a new tab) — Part I XII: 'Options under each Plan(s): Growth Option'; XI: 'Currently, the investment strategy is not offering IDCW option.'

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 (IDCW)

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

Taxation is summarised from the scheme document and may change; consult a tax adviser for your own position.

Fund managers

• Manish Gupta — Fund Manager - Equity Portion (Primary), since 31 Aug 2026
• Harshil Suvarnkar — Fund Manager - Debt Portion (Co-manage), since 31 Aug 2026

Source: Aditya Birla Sun Life AMC Limited (Apex SIF) · SID(opens in a new tab) — ISSD fields 18-20 'Mr. Manish Gupta ... Mr. Harshil Suvarnkar'; 'Primary' / 'Comanage'; 'From Date 31-Aug-26'

Inception

31 Aug 2026

Date of allotment, from the scheme document.

Source: Aditya Birla Sun Life AMC Limited (Apex SIF) · SID(opens in a new tab) — ISSD field 13 'Allotment Date 31-Aug-26'; field 14 'Reopen Date 01-Sep-26'

Scheme AUM

₹278.88 Cr

Month-end, as of 31 Oct 2026

Source: Aditya Birla Sun Life AMC Limited (Apex SIF) · Portfolio disclosure(opens in a new tab)

Average AUM

₹77.23 Cr

Average over Jul – Sept 2026, all plans of the fund together, from the figures AMFI publishes. Not the month-end figure above. This fund was allotted on 31 Aug 2026, so it was open for only part of that quarter and the average understates its size.

Source: AMFI · AMFI data(opens in a new tab) — AMFI 'Average AUM' (scheme-wise), July - September 2026: Apex SIF / Equity Oriented Investment Strategies - Equity Ex-Top 100 Long-Short Fund - 2 share class(es) (SIF-155, SIF-156), total 7723.16 Rs. lakh

Apex SIF total SIF AUM

₹480.94 Cr

All 3 of the house's schemes, month-end Aug 2026.

Investment objective

To generate capital appreciation in long term by investing in equity and equity related securities of Ex – top 100 companies. The Investment Strategy may also invest in various derivative instruments, including short exposure through unhedged derivative positions in equity and equity related instruments.

Source: Aditya Birla Sun Life AMC Limited (Apex SIF) · ISID(opens in a new tab) — Part I item V 'Investment objective': 'To generate capital appreciation in long term by investing in equity and equity related securities of Ex – top 100 companies.'

Benchmark

Nifty 500 TRI

As the document states it: NIFTY 500 TRI

Asset allocation

Indicative asset allocation, per the scheme document

Instrument	Minimum	Maximum
Equity and Equity related securities of Ex Top 100 Companies (including up to 25% in unhedged short exposure through derivative instruments)	65%	100%
Other Equity & Equity Related Instruments	0%	35%
Debt, Cash & Money Market Instruments	0%	35%
Units of InvITs	0%	20%

Source: Aditya Birla Sun Life AMC Limited (Apex SIF) · ISID(opens in a new tab) — Part II A table: 'Equity and Equity related securities of Ex Top 100 Companies*' ... '65 100 Other Equity & Equity Related Instruments# 0 35'

Managed by Aditya Birla Sun Life Mutual Fund. All Apex SIF schemes

• Investment Strategy Information DocumentISID - Apex Equity Ex-Top 100 Long-Short Fund(opens in a new tab)22 Jul 2026 · Aditya Birla Sun Life AMC Limited
• Investment Strategy Information DocumentISID - Apex Equity Ex-Top 100 Long-Short Fund (AMFI SIF portal copy)(opens in a new tab)22 Jul 2026 · AMFI
• Scheme Information DocumentISSD (Investment Strategy Summary Document) - Apex Equity Ex-Top 100 Long-Short Fund (zip)(opens in a new tab)16 Sept 2026 · Aditya Birla Sun Life AMC Limited
• Key Information MemorandumKIM - Apex Equity Ex-Top 100 Long-Short Fund(opens in a new tab)22 Jul 2026 · Aditya Birla Sun Life AMC Limited
• Statement of Additional InformationStatement of Additional Information - Apex SIF(opens in a new tab)31 Aug 2026 · Aditya Birla Sun Life AMC Limited
• Portfolio disclosureMonthly Portfolios as on August 31, 2026 (zip, xls)(opens in a new tab)31 Aug 2026 · Aditya Birla Sun Life AMC Limited
• AddendumAddendum No. 15/2026 - Risk-band revised from Risk Level 5 to Risk Level 1 (portfolio as of Aug 31, 2026)(opens in a new tab)9 Sept 2026 · Aditya Birla Sun Life AMC Limited

Provenance

NAV source

AMFI — https://portal.amfiindia.com/spages/SIF_NAVAll.txt

AMFI scheme code

SIF-156

ISIN

INF209K30081

NAVs held

50, 1 Sept 2026 to 13 Nov 2026

Disclosures

Read from the scheme's information document (https://apexsif.adityabirlacapital.com/uploads/ISID_Apex_Equity_Ex_Top_100_Long_Short_Fund_49a4c84f37.pdf). Confirmed by a second reader.

Source: Aditya Birla Sun Life AMC Limited · ISID(opens in a new tab)