Edelweiss Mutual Fund’s Altiva Hybrid Long Short Fund Surpasses ₹1,000 Crore in AUM

Edelweiss Mutual Fund’s Altiva Hybrid Long Short Fund has crossed ₹1,000 crore in assets under management (AUM).  

The scheme was launched on October 20, 2025, under the Altiva Specialised Investment Fund (SIF) platform. The update was shared by the fund house on social media platform X. 

Update Shared on Social Media 

The fund house posted that the scheme crossed the ₹1,000 crore mark within a short period from launch.  

Radhika Gupta, chief executive officer of Edelweiss Mutual Fund, also shared the update on X. She stated that the Altiva brand reached its 1st ₹1,000 crore milestone sooner than expected. 

NFO Collections and Subsequent Inflows 

At the close of its New Fund Offer (NFO) in October, the Altiva Hybrid Long Short Fund had raised about ₹320 crore.  

The fund house had then said the response reflected participation in strategies structured under the SIF framework. Inflows after the NFO contributed to the increase in overall AUM. 

Fund Structure and Investment Mix 

The Altiva Hybrid Long Short Fund follows an interval investment structure. It seeks capital appreciation through equity and equity-related instruments, while aiming to generate income through equity arbitrage and fixed income investments.  

The strategy also uses derivatives as part of its portfolio construction. 

Use of Special Situation Strategies 

The fund evaluates event-driven opportunities such as IPOs, follow-on public offers, rights issues, buybacks, mergers, demergers, delistings, qualified institutional placements and index rebalancing events.  

These opportunities are assessed on a short-term basis as part of the investment process. 

Subscription, Redemption and Minimum Investment 

Subscriptions to the scheme are permitted on a daily basis. Redemptions are available twice a week, on Mondays and Wednesdays.  

The minimum application amount is ₹10 lakh, with investment options including lump sum, systematic investment plans (SIP), systematic transfer plans (STP), and systematic withdrawal plans (SWP). 

Tax Treatment, Benchmark and Management 

As the scheme operates under the SIF framework, long-term capital gains are taxed at 12.5% after a holding period of 24 months.  

The fund is benchmarked against the Nifty 50 Hybrid Composite Debt 15:85 Index. It is managed by Bhavesh Jain, Bharat Lahoti, Dhawal Dalal, and Amit Vora. 

Read More:  NFO Alert: DSP Mutual Fund Launches 2 New Schemes! 

Conclusion 

The rise in AUM follows the fund’s launch in October and its initial NFO collections, taking the scheme past the ₹1,000 crore mark within months of inception. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
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