Summit Equity Long-Short Fund - Regular Plan - Growth
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
TRUSTMF Small Cap Fund - IDCW - Direct Plan and 4 more peers in this category.
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Summit SIF Latest News
Risk metrics are not available for this fund.
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.