Mahindra Manulife launches SIF equity long-short fund
In short
Mahindra Manulife Mutual Fund has launched the MSIF Equity Long-Short Fund. The NFO opens on September 30 and closes on October 14. The fund will buy listed shares and use short positions through derivatives.
It is meant to seek long-term capital gains. The reporting does not give the fund size, the target investors, or any return estimate.
What the reporting says
Mahindra Manulife Mutual Fund launched the MSIF Equity Long-Short Fund under its specialised investment fund platform, with the NFO opening on September 30 and closing on October 14. The fund will invest in listed equities and use short positions through derivatives, aiming for long-term capital appreciation. The reporting does not state the launch size, target investor base, or expected returns.
Why it matters
Mahindra Manulife Mutual Fund launched the MSIF Equity Long-Short Fund in its specialised investment fund platform, with the new fund offer opening on September 30 and closing on October 14. The strategy uses listed equities and derivative-based short positions to pursue long-term capital appreciation. The reporting says the fund will rely on macro and fundamental research and risk management, but it does not state size, fees, or performance targets.