ITI Mutual Fund has launched its first scheme under the Specialised Investment Fund (SIF) platform — the Diviniti Equity Long Short Fund. The New Fund Offer (NFO) opened on Monday (November 10) and will close on November 24.
The open-ended fund aims to invest in listed equities and related instruments, including limited short positions through derivatives, as permitted by SEBI. It seeks to deliver stable returns across market cycles by combining long equity exposure with tactical short positions to manage downside risks.
The SIF framework, approved by SEBI, is open to qualified investors with a minimum investment of ₹10 lakh.
It allows mutual funds to offer strategies that blend elements of traditional funds with alternative investment approaches such as AIFs and PMS.
According to ITI

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