Mirae Asset Mutual Fund has launched the Platinum Hybrid Long-Short Fund under its Platinum Specialised Investment Fund (SIF) platform. The scheme will invest across equity, debt, and derivative instruments through an interval fund structure.
The New Fund Offer (NFO) will open for subscription on May 20 and close on June 3. Under the SIF category, investors are required to maintain a minimum investment of ₹10 lakh at the PAN level across strategies.
The fund will follow a 3-part allocation model. Net equity exposure in the portfolio will range between 5% and 70%, while fully hedged arbitrage positions will also account for 5% to 70% of assets.
Around 25% to 35% of the portfolio will be invested in accrual-based debt securities. The fund house said the strategy will combine debt exposure, arbitrage positions and limited derivative-based trades within the same structure.
According to the company, the investment approach is intended for investors with a 1-2 year investment horizon. The strategy will use derivative positions mainly for hedging and limited yield enhancement.
Specialised Investment Funds are a recently introduced investment category positioned between traditional mutual funds and alternative investment funds (AIFs).
The structure allows fund houses to offer strategies that are broader than standard mutual fund products while remaining within a regulated framework.
Mirae Asset stated that the SIF platform is meant to provide access to specialised investment strategies through the mutual fund route. The company added that the structure allows allocation across equity, debt, and derivative instruments.
The scheme will be managed by Gaurik Shah, who handles quantitative and derivatives-based investment strategies at the firm.
The fund house said the portfolio structure is to limit sharp downside movements compared with hybrid funds that maintain unhedged equity exposure.
According to the company, the scheme is targeted at conservative investors looking for relatively stable returns over the medium term.
Read More: SIF AUM Climbs 13% to ₹11,533 Crore in April 2026!
The newly launched scheme under the SIF category will use a mix of hedged equity exposure, arbitrage positions and accrual debt investments. The NFO period will remain open until June 3.
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 are subject to market risks, read all the related documents carefully before investing.
Published on: May 14, 2026, 1:56 PM IST
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