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Select Equity Ex-Top 100 Long-Short Fund NFO

8 days left   Sundaram Mutual Fund · SIF · Equity Ex-Top 100 Long-Short

Select Equity Ex-Top 100 Long-Short Fund is a new scheme from Sundaram Mutual Fund, in the SIF · Equity Ex-Top 100 Long-Short category. Its new fund offer runs from 21 Oct 2026 to 4 Nov 2026. The minimum investment is ₹10,00,000. Units are offered at ₹10 each during the offer.

The offer, as AMFI records it

Fund houseSundaram Mutual Fund
CategorySIF · Equity Ex-Top 100 Long-Short
Scheme typeOpen Ended
NFO opens21 Oct 2026
NFO closes4 Nov 2026
Offer price₹10 per unit
Minimum investment1000000
Exit loadExit Load: - If the units are redeemed/ switched out on or before 1 year from the date of allotment – 1% of the applicable NAV. - If the units are redeemed/switched out after 1 year from the date of allotment – Nil
Scheme information document (AMFI) ↗

Investment objective

An open-ended equity investment strategy investing in equity and equity related instruments, with the flexibility to include limited short exposure in equity through derivative instruments of Ex - top 100 stocks

Quoted from the scheme's own document. An objective is what the scheme intends to do, not what it will achieve.

Reading a new fund offer

A new scheme is sold at a fixed price during its offer — here ₹10 a unit — and at its daily NAV afterwards. That fixed price is not a discount: it buys a proportionally smaller share of the same portfolio. What a new scheme genuinely lacks is a record of its own, so there is no return, no drawdown and no expense history to read yet; the objective above and the scheme information document are what exist.

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