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SSSummit SIFRegular · Growth

Summit Equity Long-Short Fund - Regular Plan - Growth

equityEquity - Long-Short FundBenchmark: BSE 500 - TRI
NAV · 15 Sep 2026₹10.20-2.11%
AUM₹291 Cr
Expense Ratio5.23%
CAGR—
Exit Load0.50% on or before 3M, NIL after 3M
Min SIP₹1,000
Launched2026

Investment Objective

To generate long-term capital appreciation by investing primarily in equity and equity-relatedinstruments, combining directional equity investments with tactical short positions to provide risk-adjusted returns over traditional long-only strategies. There is no assurance that the investment objective of the Investment strategy will be achieved.

Fund Mandate

Debt & Money Market Instruments0%–20%
Equity & Equity Related Instruments80%–100%
Short exposure through unhedged derivative positions in equity and equity related instruments0%–25%
Units issued by InvITs0%–20%
Asset Allocation
Domestic Equity88.6%
Cash & Equivalents11.4%
Fund Managers
HJ
Hiten Jain
Fund Manager
Key Information
5.23%
₹1,000
₹10,00,000
0.50% on or before 3M, NIL after 3M
Nil
Inception22 Jul 2026
AMCSummit SIF
Top Holdings
1Triparty Repo18.49%
2ICICI Bank LimitedBanks6.01%
3Eternal LimitedRetailing3.32%
4Indo-MIM LimitedIndustrial Manufacturing3.17%
5Bharti Airtel LimitedTelecom - Services3.07%
6Cholamandalam Investment and Finance Company LimitedFinance3.06%
7Dhoot Transmission LtdAuto Components2.99%
8Abbott India LimitedPharmaceuticals & Biotechnology2.98%
9Manipal Health Enterprises LtdHealthcare Services2.83%
10InterGlobe Aviation LimitedTransport Services2.83%
Sector Allocation
Other18.5%
Banks10.4%
Retailing5.3%
Industrial Manufacturing5.3%
IT - Software4.2%
Insurance4.0%
Telecom - Services3.1%
Finance3.1%
Auto Components3.0%
Pharmaceuticals & Biotechnology3.0%
Healthcare Services2.8%
Transport Services2.8%
Construction2.8%
Chemicals & Petrochemicals1.9%
On This Page
NAV growthAsset allocationTop holdings
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Latest News

No recent news found for Summit Equity Long-Short Fund - Regular Plan - Growth.

Summit SIF Latest News

Trailing Returns
PeriodReturns
1 Day-2.11%
1 Week-2.76%
1 Month-1.07%
+2.00%
Risk Metrics

Risk metrics are not available for this fund.

Fees
5.23%
0.50% on or before 3M, NIL after 3M
Nil
₹1,000
₹10,00,000
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme