New Investment Option by Shankar Narain Amidst Market Turmoil: Opportunity Until Jan 30

• Amid global market turmoil and soaring gold-silver prices, Shankar Narain of ICICI Prudential AMC has launched two new Specialized Investment Funds (SIFs).
• The New Fund Offer (NFO) for iSIF Equity Ex-Top 100 Long-Short Fund and iSIF Hybrid Long-Short Fund is open until January 30.
• SIFs bridge the gap between mutual funds and PMS/AIF products, offering transparency, regulatory oversight, and flexibility with a minimum investment of INR 10 lakh.
• The iSIF Equity Ex-Top 100 Long-Short Fund targets mid-cap and small-cap growth opportunities while managing volatility through long-short positions and derivatives.
• The iSIF Hybrid Long-Short Fund aims for stable returns by combining long-short equity, fixed income, and derivative strategies, adapting to market conditions.

Why It Matters: ICICI Prudential launches new SIFs for flexible, risk-adjusted investment amidst market volatility, open until Jan 30.