Mahindra Manulife Mutual Fund has announced the launch of the MSIF Equity Long-Short Fund, an open-ended equity investment strategy under its Specialized Investment Fund platform.The New Fund Offer (NFO) will be open through September 30 and October 14. The scheme will reopen for continuous sale and repurchase from October 26.
The fund will be managed by Abhishek Jaiswal and Aalap Shah, who have experience in Indian equities, derivatives and long-short strategies. The scheme will offer Regular and Direct Plans with Growth and Income Distribution cum Capital Withdrawal options. The minimum investment is Rs10 lakh, while accredited investors can invest a minimum of Rs1 lakh.
