ICICI Prudential Launches First SIF NFOs: Long-Short Funds Open Jan 16, Rs 10 Lakh Minimum

• ICICI Prudential AMC is launching its first Specialised Investment Fund (SIF) NFOs: iSIF Hybrid Long-Short Fund and iSIF Equity Ex-Top 100 Long-Short Fund.
• The NFOs will be open from January 16, 2026, to January 30, 2026, marking the AMC's entry into the SIF segment.
• SIFs are a new category by SEBI, bridging traditional mutual funds and PMS, allowing advanced strategies like long-short and derivatives within a regulatory framework.
• A minimum investment of Rs 10 lakh is required for these SIFs, targeting long-term investors seeking returns in a potentially expensive market.
• The funds offer Regular and Direct plans with growth options, allowing lump sum and SIP investments, with a 1% exit load for redemptions within 12 months.

Why It Matters: ICICI Prudential introduces its first SIF long-short funds with a Rs 10 lakh minimum, opening January 16.