MSIF Equity Long-Short Fund

Risk band

Band 5

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)

4.99%

As of 11 Nov 2026

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

Base expense ratio charged (Regular plan)

2.08%

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, 10 Sept 2026(opens in a new tab) — p.25 row 'Maximum Base expense ratio (BER) permissible under Regulation 66': Up to 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.

Read as: 0.50%; no load after 91 days from allotment.How this is calculated

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).

Screener bucket: DailyNotice period: 0 days

Source: Mahindra Manulife Investment Management Private Limited (MSIF) · ISID(opens in a new tab) — p.4 Part I item IX 'Redemption Frequency': 'Daily (Business Days)'; p.4 item VI: 'the AMC shall dispatch the redemption proceeds within 3 working days from date of receipt of redemption request'; p.7 item XVII 'Notice Period': 'Currently, there is no notice period applicable.'

Subscription

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.

Screener bucket: Daily

Source: Mahindra Manulife Investment Management Private Limited (MSIF) · ISID(opens in a new tab) — p.4 Part I item VIII 'Subscription Frequency': 'Daily (Business Days)'; p.4 item VI 'Liquidity': 'The Investment Strategy will offer Units for Subscription and Redemption at NAV based prices on all Business Days on an ongoing basis.'

Settlement

T+3

Minimum investment

₹10,00,000

Minimum additional investment

₹1,000

Source: Mahindra Manulife Investment Management Private Limited (MSIF) · ISID(opens in a new tab) — p.7 Part I item XV 'Minimum Additional Purchase Amount': 'Investors (including Accredited Investor) can invest with the minimum amount of Rs. 1,000 and in multiples of Re. 1/- thereafter.'; p.65: 'Minimum Additional Purchase Amount: Rs. 1,000/- and in multiples of Re.1/- thereafter.'

Plans and options

Growth · IDCW (Payout) · IDCW (Reinvestment)

Source: Mahindra Manulife Investment Management Private Limited (MSIF) · ISID(opens in a new tab) — p.5 Part I item XII 'Plans and Options', OPTIONS AVAILABLE: '1. Growth Option 2. Income Distribution cum Capital Withdrawal Option (IDCW Option) a. Payout of Income Distribution cum Capital Withdrawal (IDCW Payout facility) b. Reinvestment of Income Distribution cum Capital Withdrawal (IDCW Reinvestment facility)'

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 (IDCW)

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.

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

Fund managers

• Aalap Shah
• Abhishek Jaiswal

Source: Mahindra Manulife Investment Management Private Limited (MSIF) · ISID(opens in a new tab) — p.20 Part II E 'WHO MANAGES THE INVESTMENT STRATEGY?': 'The Investment Strategy will be managed by Mr. Aalap Shah and Mr. Abhishek Jaiswal'; column 'Tenure for which the Fund Manager has been managing the Investment Strategy': 'Not Applicable'. Unchanged in KIM dated October 26, 2026, PDF p.5 (printed p.4): 'Mr. Aalap Shah and Mr. Abhishek Jaiswal'

Inception

26 Oct 2026

Date of the first NAV AMFI published. The allotment date is not captured.

Scheme AUM

Not captured

Average AUM

Not captured

MSIF total SIF AUM

Not captured

Investment objective

The investment objective of the Investment Strategy is to generate long term capital appreciation by investing predominantly in listed equity and equity related instruments while selectively employing tactical short positions through derivatives to provide risk-adjusted returns across market cycles.

Source: Mahindra Manulife Investment Management Private Limited (MSIF) · ISID(opens in a new tab) — p.4 Part I item V 'Investment Objective': 'The investment objective of the Investment Strategy is to generate long term capital appreciation by investing predominantly in listed equity and equity related instruments while selectively employing tactical short positions through derivatives'

Benchmark

Nifty 500 TRI

Asset allocation

Indicative asset allocation, per the scheme document

Instrument	Minimum	Maximum
Equity and Equity Related Instruments (including Equity ETFs and units of Equity oriented Mutual Fund Schemes; including Overseas Securities up to 20% of net assets; unhedged short exposure through derivative instruments up to 25% of net assets)	80%	100%
Debt & Money Market Instruments (including Debt ETFs and units of Debt oriented Mutual Fund Schemes)	0%	20%
Units issued by InvITs	0%	10%

Source: Mahindra Manulife Investment Management Private Limited (MSIF) · ISID(opens in a new tab) — p.15 Part II A table 'Indicative Allocation (% of total assets) Minimum Maximum': 'Equity and Equity Related Instruments $@* 80 100', 'Debt & Money Market Instruments $$ 0 20', 'Units issued by InvITs 0 10'; footnotes '$ Including Equity Exchange Traded Funds (ETFs) and units of Equity oriented Mutual Fund Schemes', '@ ... shall be up to 20% of the net assets of the Investment Strategy', '* ... the exposure to unhedged short portion will be up to 25% of the net assets'

Managed by Mahindra Manulife Mutual Fund. All MSIF schemes

• Investment Strategy Information DocumentISID - MSIF Equity Long-Short Fund(opens in a new tab)10 Sept 2026 · Mahindra Manulife Investment Management Private Limited
• Investment Strategy Information DocumentISID - MSIF Equity Long-Short Fund (AMFI SIF portal copy)(opens in a new tab)10 Sept 2026 · AMFI
• Key Information MemorandumKIM - MSIF Equity Long-Short Fund(opens in a new tab)26 Oct 2026 · Mahindra Manulife Investment Management Private Limited

Provenance

NAV source

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

AMFI scheme code

SIF-174

ISIN

INF174V30019

NAVs held

14, 26 Oct 2026 to 13 Nov 2026

Disclosures

Read from the scheme's information document (https://www.mahindramanulife.com/documents/msif/MSIF-Equity-Long-Short-Fund-ISID.pdf; risk band read 13 November 2026 from the product label on p.1 of the ISID (portal.amfiindia.com/spages/S-36.pdf) and of the KIM dated 26 October 2026: 'Risk Band level 5'). Confirmed by a second reader.

Source: Mahindra Manulife Investment Management Private Limited · ISID(opens in a new tab)