Platinum Hybrid Long-Short Fund

A Specialized Investment Fund (SIF) is a new asset class introduced by SEBI, positioned between portfolio management services (PMS) and Mutual funds, accepting investments of ₹10 lakh & ₹5 lakh for accredited investor across all investment strategies under the Platinum SIF or more and offering advanced investment strategies.

(*Across all investment strategies under the Platinum SIF)

SEBI (Securities and Exchange Board of India) introduced Specialized Investment Funds (SIFs) to meet the evolving needs of India’s financial ecosystem.

In India, the concept of Specialized Investment Funds originated as part of the broader effort to promote newer investment alternatives that go beyond traditional mutual funds and combines the advantages of an AIF/PMS.

Specialized Investment Funds are currently classified into:

A) Equity Oriented Investment Strategies

Sr. No.	Category of Investment Strategy	Characteristics of Investment strategy	Type of investment strategy (uniform description of investment strategy)
1	Equity Long-Short Fund	Minimum investment in equity and equity related instruments – 80% and Maximum short exposure through unhedged derivative positions in equity and equity related instruments: 25%	An open ended/interval equity investment strategy investing in listed equity and equity related instruments including limited short exposure in equity through derivative instruments.
2	Equity Ex-Top 100 Long-Short Fund	Minimum investment in equity and equity related instruments of stocks excluding top 100 stocks by market capitalization – 65%	An open ended/interval investment strategy investing in equity and equity related instruments including limited short exposure in equity through derivative instruments, of stocks other than large cap stocks.
3	Sector Rotation Long-Short Fund	Minimum investment in equity and equity related instruments of maximum 4 sectors – 80% & Maximum short exposure through unhedged derivative positions in equity and equity related instruments: 25%* *Short exposure shall apply at the sector level, covering all stocks within that sector held in the portfolio. For instance, if the fund takes a short position in the Auto sector, all Auto sector stocks in the portfolio must be held as short positions.	An open ended/interval investment strategy investing in equity and equity related instruments including limited short exposure in equity through derivative instruments, of maximum four sectors.

B) Debt Oriented Investment Strategies

Sr. No.	Category of Investment Strategy	Characteristics of Investment strategy	Type of investment strategy (uniform description of investment strategy)
1	Debt Long-Short Fund	Investment in debt instruments across duration, including unhedged short exposure through exchange traded debt derivative instruments.	Interval investment strategy investing in debt instruments including limited short exposure in debt instruments.
2	Sectoral Debt Long-Short Fund	Investment in debt instruments of at least two sectors, with maximum investment of 75% in a single sector. Maximum short exposure through unhedged derivative positions in debt instruments: 25%* *Short exposure shall be across the sector, applicable for all the instruments of that particular sector held in the portfolio. Example: If the fund is short on Auto sector, then all debt instruments of the Auto sector, held in portfolio, shall be held as short positions.	Interval investment strategy investing in debt instruments including limited short position in debt instruments, of minimum two sectors.

C) Hybrid Investment Strategies

Sr. No.	Category of Investment Strategy	Characteristics of Investment strategy	Type of investment strategy (uniform description of investment strategy)
1	Active Asset Allocator Long-Short Fund	Dynamic investment across following asset classes: Equity, debt, equity and debt derivatives, REITs/InVITs and commodity derivatives. Maximum short exposure through unhedged derivative positions in equity and debt instruments: 25%	Interval investment strategy dynamically investing across equity, debt, equity and debt derivatives, REITs/InVITs and commodity derivatives, including limited short exposure on permitted instruments through derivatives.
2	Hybrid Long-Short Fund	Minimum investment in equity and equity related instruments – 25%. Minimum investment in debt instruments – 25%. Maximum short exposure through unhedged derivative positions in equity and debt instruments: 25%	Interval investment strategy investing in equity and debt securities, including limited short exposure in equity and debt through derivatives.

Investment in SIF Strategies can be made either directly or through any of our empanelled distributors.

Applications for allotment of SIF units should be made in the prescribed form only.

Cheques / DDs should be drawn in favour of "the respective investment strategies offered by the SIF Strategy" names.

The investment can be initiated through digital platform as well.

Bank account details are mandatory in Specialized Investment Funds (SIFs) and Mutual Funds to ensure regulatory compliance with SEBI, prevent money laundering, and ensure secure transactions.

In order to protect unit holder's interest from any fraudulent encashment of cheques, the current SEBI Regulations has made it mandatory for investors to mention complete core banking details in their application, such as the bank name and account number of the unit holders.

The AMC will not be responsible for any loss arising out of fraudulent encashment of cheques and or any delay /loss in transit. In the absence of these details, applications are liable for rejection.

Every investor of the Strategy will receive an acknowledgement confirming the Folio number allotted to her/him and a statement of account of the units allotted under such Folio. This is triggered to their registered email id.

For any investments made during the New Fund Offer (NFO) period, the statements of account will be issued to all investors within 5 business days after the closure of the NFO.

After the Strategy reopens for subscription investors will be issued a statement of account detailing the number of units allotted through email on their registered email id.

The applications are screened through various checks and validations including the PAN KYC status, Bank account validations, credit realisation of the investment amount, post which allotment of units will be made against the amount invested depending upon the NAV of the units, up to 3 decimals.