360 ONE Mutual Fund to Launch Its First SIF on February 6, 2026

360 ONE Mutual Fund has announced the launch of its first offering under SEBI’s Specialised Investment Fund (SIF) framework. The fund, called the DynaSIF Equity Long–Short Fund, will open for subscription on February 6, 2026, and the new fund offer (NFO) will remain open until February 20, 2026.

This launch marks 360 ONE Mutual Fund’s entry into a new SEBI-regulated investment category that was introduced in 2025 to offer greater flexibility in portfolio construction, while still operating within a defined regulatory structure.

What Is the DynaSIF Equity Long–Short Fund?

The DynaSIF Equity Long–Short Fund is an open-ended equity strategy designed for investors looking for long-term capital appreciation. It will take selective long and short positions in listed equities and equity derivatives.

The fund is positioned as a middle ground between traditional mutual funds and alternative investment strategies. It aims to combine innovation and flexibility with transparency, governance standards, and operational ease similar to mutual funds.

Key Fund Details Investors Should Know

The minimum investment for the fund is set at ₹10 lakh, which aligns with the broader SIF framework in the market. However, accredited investors will be allowed to invest with a minimum of ₹1 lakh.

The fund will also carry an exit load of 0.5% if units are redeemed within three months from the date of allotment.

Asset Allocation and Strategy Flexibility

The fund will maintain at least 80% allocation to equities and equity derivatives. It will have the flexibility to take limited short exposure of up to 25%, using equity derivatives.

It can also invest up to 20% in debt instruments and InvITs, allowing the strategy to manage risk and adjust to changing market conditions.

SIF Market Context

SIFs have gained traction since their introduction, with fund houses such as Quant Mutual Fund, SBI Mutual Fund, and Edelweiss already offering products under this framework. Most SIFs currently require a minimum investment of ₹10 lakh, with exit loads varying by scheme.

Read more: SIP Calculator: ₹2,000 Or ₹6,000 SIP, Which Builds a Higher Corpus from The Same ₹7.2 Lakh Investment.

Conclusion

The launch of the DynaSIF Equity Long–Short Fund is a major step for 360 ONE Mutual Fund as it enters the SIF space. With a long–short strategy, high equity allocation, and a structured SEBI-regulated framework, the fund targets investors who want more flexibility than traditional mutual funds, while still maintaining transparency and governance. However, given the higher minimum investment and Risk Band Level 5 classification, it is likely best suited for experienced investors with a higher risk appetite.

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. 

Mutual fund investments in the securities market are subject to market risks. Read all the related documents carefully before investing.