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MSIF Equity Long Short Fund Direct Growth
NAV: 12 Nov '26
₹10.42
Min. for SIP
₹5,000
Fund size (AUM)
--
Expense ratio
2.87%
Rating
--
Min. 1st investment
₹10,00,000
Min. 2nd investment onwards
₹1,000
About SIFs
Specialised Investment Funds (SIFs) are a SEBI-regulated category of mutual funds. They offer fund managers greater flexibility than traditional mutual funds, including the ability to run more concentrated and strategy-driven portfolios across equity, debt, or hybrid strategies. Know more
Purchase rules
Investment amount should be ₹10 lakh per investor across all SIF schemes of an AMC
Redemption rules
Redemption terms depend on the specific SIF strategy and may include restricted redemption for certain intervals
Minimum investments
Min. for 1st investment
₹10,00,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹5,000
Returns and rankings
| Name | 1M | 3M | 6M | All |
|---|---|---|---|---|
| Fund returns | +4.2% | -- | -- | +4.2% |
| Category average (Equity Long-Short) | -- | -- | -- | -- |
| Rank (Equity Long-Short) | -- | -- | -- | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 0.5%, if redeemed within 3 months.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Fund management
About MSIF Equity Long Short Fund Direct Growth
MSIF Equity Long Short Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mahindra Manulife Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Aalap Shah is the Current Fund Manager of MSIF Equity Long Short Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹36,835 Cr and the Latest NAV as of 12 Nov 2026 is ₹10.42.
The MSIF Equity Long Short Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹5,000. Minimum Lumpsum Investment is ₹10,00,000. Exit load of 0.5%, if redeemed within 3 months.
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Investment Objective
This scheme seeks 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.
Fund benchmark--
Fund house
Rank (total assets)--
Total AUM₹36,835.08 Cr
Date of Incorporation04 Feb 2016
Launch Date04 Feb 2016
Address1st Floor -Sadhana House,570 - P.B. Marg, Worli, Mumbai 400018
CustodianDeutsche Bank
Registrar & Transfer AgentCams
Email--
Websitewww.camsonline.com
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,