Kotak Mahindra Asset Management Company has launched its first fund under the newly introduced Securities and Exchange Board of India Specialised Investment Fund (SIF) framework. The Kotak Infinity Hybrid Long-Short Fund opened for subscription on June 15, 2026, and will remain open until June 29, 2026.
The launch marks Kotak AMC’s entry into the SIF category, which offers greater flexibility in investment strategies compared to conventional mutual fund schemes.
About Kotak Infinity Hybrid Long-Short Fund
The Kotak Infinity Hybrid Long-Short Fund is designed as a hybrid investment strategy that combines:
- Equity investments
- Arbitrage opportunities
- Derivative-based positions
- Long and permitted short market exposure
The objective is to dynamically adjust market exposure depending on prevailing market conditions while seeking to balance return generation with risk management.
What Is SEBI’s Specialised Investment Fund (SIF)?
The Specialised Investment Fund (SIF) framework is a recently introduced investment category by SEBI that aims to bridge the gap between:
- Traditional mutual funds
- Alternative investment products
The framework allows fund houses greater flexibility in portfolio construction while operating within prescribed regulatory guidelines.
SIFs are intended for investors seeking more sophisticated investment strategies than those typically available through standard mutual fund schemes.
Investment Strategy
The fund follows a Hybrid Long-Short approach by:
- Investing in equity securities
- Using arbitrage opportunities to capture pricing inefficiencies
- Taking derivative positions
- Dynamically adjusting net equity exposure based on market conditions
The strategy aims to:
- Generate returns across different market environments
- Reduce downside risk during periods of higher volatility
- Improve portfolio efficiency through active risk management
Key Features
- Hybrid investment strategy
- Dynamic equity allocation
- Long and permitted short positions
- Arbitrage-based opportunities
- Active risk management framework
- Portfolio diversification through multiple investment approaches
Risk Factors
Kotak Mutual Fund has stated that:
- There is no guarantee that the investment objectives will be achieved.
- Returns are not assured.
- Investments under the SIF framework may involve:
- Higher market risk
- Derivative-related risk
- Liquidity risk
- Strategy execution risk
The scheme is generally intended for investors who understand advanced investment strategies and their associated risks.
NFO Details
| Particular | Details |
|---|---|
| Fund | Kotak Infinity Hybrid Long-Short Fund |
| Fund House | Kotak Mahindra Asset Management Company |
| Category | Specialised Investment Fund (SIF) |
| NFO Opens | June 15, 2026 |
| NFO Closes | June 29, 2026 |
| Strategy | Hybrid Long-Short |
Conclusion
The launch of the Kotak Infinity Hybrid Long-Short Fund marks Kotak AMC’s entry into SEBI’s newly introduced Specialised Investment Fund (SIF) category. By combining equity investments, arbitrage opportunities, and derivative-based long-short strategies, the fund seeks to offer a more flexible investment approach than traditional mutual fund products. The launch also reflects the Indian mutual fund industry’s growing focus on providing investors with more advanced portfolio management solutions under evolving regulatory frameworks.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.
