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iSIF Equity Ex-Top 100 Long-Short Fund
ICICI Prudential Asset Management Company Limited
equity_ex_top100
🔴Very High
✓ Active
✓ AI Summary
- •Mandates minimum 65% investment in mid-cap and small-cap companies listed outside the top 100 universe, layered with up to 25% tactical short exposure using unhedged equity derivatives.
- •Open-ended equity SIF under ICICI Prudential Mutual Fund's iSIF Platform, evaluated against the NIFTY 500 Total Return Index (TRI).
AI-generated summary of this strategy's ISID. It may contain errors; check the ISID before investing.
⚠️
Risk Profile
SEBI Risk Band
Low
Mod-Low
Moderate
High
Very High
Band 5
Derivatives use≤25.00%
LiquidityDaily
Suitable for investors with
₹0Cr+ surplus3+ year horizon
NAV (Today)
₹10.28
↑ 0.59%
13 Oct
Since Inception
↑ 2.80%
Feb 2026
Period Returns
1 Month-0.77%
3 Months-0.19%
YTD+2.80%
Fund House
ICICI Prudential Asset Management Company Limited
Category
Equity ex-top 100
Benchmark
NIFTY 500 TRI
Plan Shown
Direct Growth
Core Idea
Equity Ex Top100
Investment approach
Expense Ratio
2.25%
Regular plan TER
Risk Label
Very High
Band 5
ISIN (Payout)
INF109K30042
Minimum Investment
₹10,00,000
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ISID key facts
Full name
iSIF Equity Ex-Top 100 Long-Short Fund
AMC
ICICI Prudential Asset Management Company Limited
Fund category
SIF — equity
Benchmark
NIFTY 500 TRI
Scheme opens
6 Feb 2026
Min investment
₹ 10,00,000
Exit load
1.000% if redeemed within 365 days
Assets Under Management
₹ 2,475 Cr
Equity allocation
65–100% in listed equities
Tax: Depends on the strategy's asset mix. Equity-oriented strategies (at least 65% in listed Indian equity): gains taxed at 20% if units are held up to 12 months, 12.5% if held longer. Strategies with more than 65% in debt: gains taxed at your income-tax slab rate, whatever the holding period. Other mixes follow different rules. See this strategy's ISID and consult a tax adviser.
Fund Managers
Mr. Sankaran Naren
Executive Director and Chief Investment Officer
28+years of experience
Background
- •B.Tech in Mechanical Engineering from IIT Madras and PGDM from IIM Calcutta.
- •Over 28 years in financial services including investment banking, fund management, equity research, and stock broking; currently a member of AMFI's equity committee.
Mr. Manan Tijoriwala
Fund Manager
12+years of experience
Background
- •Chartered Accountant, CFA (all three levels), and PGP from Indian School of Business.
- •Joined ICICI Prudential AMC in May 2019; previously worked at Proud Securities and Credits Pvt.
- •Ltd.
- •and ICICI Bank Limited.