Altiva SIF by Edelweiss Mutual Fund (Edelweiss MF / EMF / EAMC) today announced the launch of its second offering under the Altiva Specialised Investment Fund (SIF) platform, marking a strategic expansion into equity-led specialised strategies.
The new fund, Altiva Equity Ex-Top 100 Long-Short Fund, is designed to deliver long-term capital appreciation by investing in equity and equity-related instruments, with a differentiated focus on opportunities beyond the top 100 companies. The New Fund Offer (NFO) will open on May 18, 2026, and close on June 1, 2026, with units priced at ₹10 during the offer period.
The Altiva Equity Ex-Top 100 Long-Short Fund adopts a unique approach by focusing on companies outside the top 100 by market capitalisation, enabling investors to access a broader and potentially under-researched segment of the market. The strategy combines bottom-up stock selection with the flexibility to take both long and limited short positions, including through derivatives, to navigate market cycles effectively.
Speaking on the launch, Radhika Gupta, MD & CEO, Edelweiss Mutual Fund said, "Following the successful launch of Altiva Hybrid Long Short Fund - now the largest SIF in the industry, driven by a strong investment track record and the confidence and trust of our investors - we are excited to introduce our next strategy. Altiva Equity ex Top 100 is predominantly a long-only strategy designed to capture long-term alpha through a high-conviction small and midcap portfolio. Backed by our strong track record in managing mid and small-cap funds and deep bottom-up stock research, this offering will focus on building a focused portfolio of high-conviction ideas."
Trideep Bhattacharya, President & CIO - Equities, Edelweiss Mutual Fund, further added that, "The ex-Top 100 strategy, focused on small and midcaps, opens opportunity to a broader universe of companies across sectors that are largely absent in the large-cap space. It represents a fertile ground for high-growth businesses that are yet to be fully discovered by the market and have the potential to generate meaningful alpha. With the recent correction in SMID valuations, the strategy offers an attractive entry opportunity for investors."
The fund will be managed by Trideep Bhattacharya, President & CIO - Equities & Nikhil Gada, Senior Vice President, Edelweiss Mutual Fund.