The Kotak Infinity Hybrid Long-Short Fund is Kotak AMC’s first Specialised Investment Fund (SIF), launched under SEBI’s new framework. The NFO opened on 15 June 2026 and closes on 29 June 2026, offering a hybrid long-short strategy across equities, arbitrage, and derivatives.
📌 Key Details of Kotak Infinity Hybrid Long-Short Fund
| Feature | Details |
|---|---|
| Fund Category | Specialised Investment Fund (SIF) – Hybrid Long-Short |
| NFO Period | 15 June – 29 June 2026 |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Minimum Investment | ₹10 lakh (PAN level, across strategies) |
| Fund Managers | Hiten Shah & Kalpesh Jain (Equity/Overseas), Abhishek Bisen (Debt/Money Market) |
| Strategy | Dynamic net equity exposure, combining long-only positions, permitted short exposures, and arbitrage opportunities |
| Objective | Participate in market upside while aiming to reduce drawdowns in volatile conditions |
| Reopen Date | Scheme reopens for continuous sale/repurchase on or before 9 July 2026 |
🔎 What Makes It Unique
- First SIF by Kotak AMC: Marks entry into SEBI’s new category bridging mutual funds with PMS/AIFs.
- Flexibility: Greater portfolio construction freedom compared to traditional mutual funds.
- Risk Management Focus: Designed to reduce downside risks via dynamic equity exposure and arbitrage.
- Target Investors: High-net-worth individuals and sophisticated investors who understand long-short strategies and higher risk.
⚠️ Risks & Considerations
- High Minimum Investment: ₹10 lakh entry point makes it suitable mainly for HNIs.
- Complex Strategy: Involves derivatives and short positions, requiring investor sophistication.
- No Guaranteed Outcomes: AMC notes there is no assurance of consistent returns across market cycles.
- Liquidity Risks: As with other SIFs, redemption flexibility may differ from traditional mutual funds.
📈 Why It Matters
This fund represents a new era in Indian mutual funds, introducing advanced strategies within a regulated framework. It’s positioned between traditional mutual funds and portfolio management services (PMS)/alternative investment funds (AIFs), offering more flexibility but also higher risk.