ICICI Pru AMC Enters SIF with Two New Funds; Rs 10 Lakh Minimum Investment

• ICICI Prudential AMC is launching two New Fund Offers (NFOs) under the new Specialized Investment Fund (SIF) category: iSIF Hybrid Long-Short Fund and iSIF Equity Ex-Top 100 Long-Short Fund.
• SIF is a new SEBI-approved investment category, bridging the gap between traditional mutual funds and Portfolio Management Services (PMS), allowing advanced strategies like long-short and derivative-based approaches.
• The NFOs will be open for investment from January 16, 2026, to January 30, 2026, with a minimum investment requirement of Rs 10 lakh.
• The iSIF Hybrid Long-Short Fund will invest in shares, debt, and derivatives, managed by Rajat Chandak, Ayush Shah, Manish Banthia, and Akhil Kakkar, focusing on risk-adjusted returns through dynamic asset allocation.
• The iSIF Equity Ex-Top 100 Long-Short Fund, managed by S. Naren, Manan Tijoriwala, and Divya Jain, will target midcap and smallcap stocks outside the top 100, using long and short positions to manage volatility with up to 25% unhedged short exposure.

Why It Matters: ICICI Pru AMC introduces SIFs with Rs 10 lakh minimum, offering advanced long-short strategies for investors.