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Summit Equity Long-Short Fund
Invesco Asset Management (India) Private Limited
equity_long_short
🔴Very High
✓ Active
✓ AI Summary
- •Mandates minimum 80% allocation to core directional long book of high-quality growth equities across market capitalizations, dynamically layering with tactical short book using derivatives.
- •Open-ended equity strategy under Invesco Mutual Fund's Summit SIF Platform, evaluating tactical outperformance against the BSE 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)
₹10.32
↑ 1.18%
13 Oct
Since Inception
↑ 3.20%
Jul 2026
Period Returns
1 Month-1.15%
YTD+3.20%
Fund House
Invesco Asset Management (India) Private Limited
Category
Equity long-short
Benchmark
BSE 500 TRI
Plan Shown
Direct Growth
Core Idea
Equity Long Short
Investment approach
Expense Ratio
2.10%
Regular plan TER
Risk Label
Very High
Band 5
ISIN (Payout)
INF205K30048
Minimum Investment
₹10,00,000
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ISID key facts
Full name
Summit Equity Long-Short Fund
AMC
Invesco Asset Management (India) Private Limited
Fund category
SIF — equity
Benchmark
BSE 500 TRI
Scheme opens
24 Jul 2026
Min investment
₹ 10,00,000
Exit load
0.500% if redeemed within 90 days
Assets Under Management
₹ 291 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
Hiten Jain
Fund Manager
15+years of experience
Background
- •B.E.
- •(Electronics & Telecom), Global M.B.A.
- •(Finance), C.F.A.
- •(USA).
- •More than 15 years of experience in industry and equity research.
- •Associated with Invesco Asset Management (India) Pvt.
- •Ltd.
- •since May 23, 2016; previously with Global Research & Analytics - CRISIL Ltd., Mumbai (August 05, 2010 - May 20, 2016).