TLDR: Edelweiss Mutual Fund has launched the Altiva Hybrid Long-Short Fund, a new Specialised Investment Fund (SIF) designed to offer consistent, income-oriented, and tax-efficient returns through a combination of equity arbitrage, fixed income, and special situation opportunities. The NFO is open from October 1st to October 15th, 2025.
altiva SIF By Edelweiss Mutual Fund (Edelweiss MF / EMF / EAMC) today announced the launch of its Altiva Hybrid Long-Short Fund, a differentiated investment strategy under its Specialised Investment Fund (SIF) platform. The New Fund Offer (NFO) will be open for subscription from October 1st to October 15th, 2025
The Altiva Hybrid Long-Short Fund is an interval investment strategy that aims to deliver consistent, income-oriented returns through a core allocation in equity arbitrage and high-quality fixed income. This is complemented by selective opportunities in special situations in equity markets such as IPOs, buybacks, open offers, and mergers, pair trades along with low-risk derivative strategies like covered calls and straddles. This combination of multiple strategies aims for smoother outcomes regardless of overall market direction in the medium term.
Speaking on the launch of the fund, Mrs. Radhika Gupta, MD & CEO, Edelweiss Mutual Fund, said:
“We are proud to introduce Hybrid SIF with the launch of the Altiva Hybrid Long-Short Fund. This reflects our commitment to creating innovative investment solutions that not only address investor needs but also add meaningful value to their overall portfolios. We believe the SIF category has tremendous potential, and we will leverage our investment team’s experience, especially in equity derivatives and special situations.”
Altiva Hybrid Long Short Fund has been thoughtfully designed to adapt across market cycles – whether flat, bullish, or bearish – aiming to generate stable, income-oriented and tax-efficient returns, with an additional boost from selective opportunities in special situations and derivatives. At Edelweiss AMC, we recognize that investors seek both resilience and growth, and this fund is a strong step forward in delivering that through discipline, diversification, and innovation.
The Altiva Hybrid Long-Short Fund is positioned as an interval investment strategy with daily subscriptions and redemptions available twice a week (Mondays and Wednesdays). The minimum application amount is ₹10 lakh, with options including lump sum, SIP, STP, and SWP. Moreover, since it is under the SIF framework, it allows for taxation efficiency, with long-term capital gains taxed at 12.5% beyond a 24 months holding period.
