Investment Strategy Framework at SIF

A. Equity Oriented Investment Strategies

In consultation with MF industry, it has been decided that the following Investment Strategies shall be permitted to be launched under SIF, at this stage: 

1. Equity Long-Short Fund

Invests at least 80% in listed equities; can take up to 25% unhedged short positions via derivatives.

2. Equity Ex-Top 100 Long-Short Fund

Invests at least 65% in equities outside the top 100 stocks by market cap; up to 25% short via derivatives.

3. Sector Rotation Long-Short Fund

Invests at least 80% in equities up to maximum of 4 sectors; can take sector-level short exposure up to 25%.

B. Debt Oriented Investment Strategies

Invest in debt instruments across duration, including limited unhedged short exposure through exchange traded debt derivative instruments.

1. Debt Long-Short Fund

2. Sectoral Debt Long-Short Fund

Invest in debt instruments of at least two sectors, (max 75% in a single sector); can take up to 25% sector-level short debt exposure.

C. Hybrid Investment Strategies

1. Active Asset Allocator Long-Short Fund

Can dynamically allocate among equity, debt, listed REITs, InvITs, and commodity derivatives. Allows up to 25% net unhedged short positions.

2. Hybrid Long-Short Fund

Invests in equities and fixed income (minimum 25% each); may short up to 25% combined via derivatives.

Only one investment strategy per category is allowed per AMC to avoid proliferation and maintain product clarity.