Apex Hybrid Long-Short Fund

Risk band

Band 1

What the risk band means

Volatility (annualised)

3.10%

Standard deviation of daily returns × √252, over 155 NAVs from 30 Mar 2026 to 13 Nov 2026.How this is calculated

Maximum drawdown

−0.73%

From a peak NAV of ₹10.7527 on 16 Oct 2026 to a trough of ₹10.6742 on 23 Oct 2026.How this is calculated

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

Total TER charged (Regular plan)

2.72%

As of 11 Nov 2026

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

Base expense ratio charged (Regular plan)

1.38%

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

Maximum permitted base expense ratio

Not captured

The scheme document on AMFI's site is dated 27 February 2026 and gives the old ceiling on total expenses, not one on the base expense ratio. The fund house's later notices could not be read when this was last checked, on 12 November 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.

Read as: 0.50%; no load after 90 days from allotment.How this is calculated

Redemption

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

Screener bucket: Twice weeklyDealing days: Mon, Wed

Source: Aditya Birla Sun Life AMC Limited (Apex SIF) · ISID(opens in a new tab) — Part I item IX: 'The Investment Strategy will offer redemption two times a week i.e. every Monday and Wednesday of the week.'; XI '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 · IDCW

Source: Aditya Birla Sun Life AMC Limited (Apex SIF) · ISID(opens in a new tab) — Part I XII 'Options under each Plan(s): 1. Growth Option and 2. Income Distribution cum capital withdrawal (“IDCW”) Option (Payout of'

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 (IDCW)

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.

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

Fund managers

• Lovelish Solanki — Fund Manager - Equity Portion (Primary), since 25 Mar 2026
• Mohit Sharma — Fund Manager - Debt Portion (Co-manage), since 25 Mar 2026
• Rohit Karan — Fund Manager (Co-manage), since 2 Apr 2026

Source: Aditya Birla Sun Life AMC Limited (Apex SIF) · Factsheet(opens in a new tab) — p.6 Scheme Details 'Mr. Lovelish Solanki (Since March 25, 2026) Mr. Mohit Sharma (Since March 25, 2026) Mr. Rohit Karan (Since April 02, 2026)'

Inception

25 Mar 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 25-Mar-26'; field 14 'Reopen Date 30-Mar-26'

Scheme AUM

₹614.86 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

₹170.19 Cr

Average over Jul – Sept 2026, all plans of the fund together, from the figures AMFI publishes. Not the month-end figure above.

Source: AMFI · AMFI data(opens in a new tab) — AMFI 'Average AUM' (scheme-wise), July - September 2026: Apex SIF / Hybrid Investment Strategies - Hybrid Long-Short Fund - 4 share class(es) (SIF-79, SIF-80, SIF-81, SIF-83), total 17019.40 Rs. lakh

Apex SIF total SIF AUM

₹480.94 Cr

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

Investment objective

An interval investment strategy investing in arbitrage, long equity, debt, equity and debt derivatives, long short and REITs/InVITs including limited short exposure on permitted instruments through derivatives.

Source: Aditya Birla Sun Life AMC Limited (Apex SIF) · ISID(opens in a new tab) — Part I item V 'Investment objective': 'An interval investment strategy investing in arbitrage, long equity, debt, equity and debt derivatives, long short and REITs/InVITs'

Benchmark

Nifty 50 Hybrid Composite Debt 50:50 Index

As the document states it: NIFTY 50 Hybrid Composite Debt 50:50 Index

Asset allocation

Indicative asset allocation, per the scheme document

Instrument	Minimum	Maximum
Equity & Equity related instruments (including equity ETFs and units of equity oriented mutual fund schemes)	35%	65%
Debt and Money Market Instruments (including units of debt oriented mutual fund schemes and Debt ETFs)	35%	65%
Units issued by InvITs	0%	20%

Source: Aditya Birla Sun Life AMC Limited (Apex SIF) · ISID(opens in a new tab) — Part II A table: 'Equity & Equity related instruments # 35 65 Debt and Money Market Instruments## 35 65 Units issued by InvITs 0 20'

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

• Investment Strategy Information DocumentISID - Apex Hybrid Long-Short Fund(opens in a new tab)27 Feb 2026 · Aditya Birla Sun Life AMC Limited
• Investment Strategy Information DocumentISID - Apex Hybrid Long-Short Fund (AMFI SIF portal copy)(opens in a new tab)27 Feb 2026 · AMFI
• Scheme Information DocumentISSD (Investment Strategy Summary Document) - Apex Hybrid Long Short Fund (zip)(opens in a new tab)10 Apr 2026 · Aditya Birla Sun Life AMC Limited
• Key Information MemorandumKIM - Apex Hybrid Long-Short Fund(opens in a new tab)27 Feb 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
• FactsheetApex SIF Factsheet - August 2026(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. 03/2026 - Risk-band revised from Risk Level 2 to Risk Level 1(opens in a new tab)8 Apr 2026 · Aditya Birla Sun Life AMC Limited
• AddendumAddendum No. 02/2026 - BER change and addition of Mr. Rohit Karan as fund manager w.e.f. Apr 02, 2026(opens in a new tab)31 Mar 2026 · Aditya Birla Sun Life AMC Limited

Provenance

NAV source

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

AMFI scheme code

SIF-80

ISIN

INF209K30040

NAVs held

156, 30 Mar 2026 to 13 Nov 2026

Disclosures

Read from the scheme's information document (ISID/KIM, independently re-read; fields completed from the AMFI-hosted ISID portal.amfiindia.com/spages/S-13.pdf; expense ceiling re-read 12 November 2026 and not captured). Confirmed by a second reader.

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