| Launch date | 30 Sep 2026 |
| Allotment date | 22 Oct 2026 |
| End date | 14 Oct 2026 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: --
Inclusive of GST
Exit load
Exit load of 0.5%, if redeemed within 3 months.
Stamp duty
0.005% (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.
Minimum investment amounts
| Min. for 1st investment | -- |
| Min. for 2nd investment onwards | -- |
| Min. for SIP | ₹5,000 |
Fund management
Aalap ShahSep 2026 - PresentView details
Abhishek JaiswalSep 2026 - PresentView details
Fund house & investment objective
| Rank (total assets) | -- |
|---|---|
| Total AUM | ₹37,195.61Cr |
| Date of Incorporation | 04 Feb 2016 |
|---|
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 ₹37,196 Cr and the Latest NAV as of 30 Sep 2026 is ₹10.00. The MSIF Equity Long Short Fund Direct Growth is rated High risk. Minimum SIP Investment is set to ₹5,000. Exit load of 0.5%, if redeemed within 3 months. ;
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 | -- |
|---|