A hybrid long-short fund invests in equity, debt, arbitrage, and derivatives while taking both long and short positions to reduce market risk and generate stable returns.

It combines directional equity (0–40%), arbitrage, debt, and derivatives flexibility, whereas arbitrage funds are market-neutral and equity savings funds have limited directional exposure.

The fund targets low volatility with minimal negative 6-month rolling returns, supported by arbitrage and debt allocation with controlled net equity exposure.

The recommended investment horizon is more than 18 months to allow the long-short and derivatives strategies to play out across market cycles.

HNI investors seeking tax-efficient, low-volatility hybrid returns and an alternative to arbitrage or equity savings funds may consider this strategy.

The Apex Hybrid Long Short Fund maintains a balanced allocation of 35% to 65% each in Equity and Debt instruments, with up to 20% in InvITs. This dynamic structure is enhanced by a derivative exposure of up to 100% and unhedged short positions capped at 25% to optimize market returns.
For more details, on asset allocation, please refer ISID of the Investment Strategy.

The Apex Hybrid Long Short Fund is positioned as a high-alpha alternative to Equity Savings Funds category (ESF), utilizing a dynamic 0–40% directional equity allocation managed via a passive Nifty 50 model. It leverages the "higher degrees of freedom" unique to SIFs by incorporating advanced option strategies and covered calls to boost returns. Additionally, the fixed income portion targets higher accruals by investing in instruments rated up to AA with a 3-year maximum duration, offering a more aggressive yield profile than conservative traditional funds.

The Apex Hybrid Long Short Fund uses a "multi-engine" strategy and SIF-exclusive flexibility has potential to deliver superior growth with lower volatility than traditional hybrids. It also offers favourable 12.5% LTCG taxation after one year, making it an ideal risk-adjusted choice for an 18-month+ investment horizon.
Investor should consult their tax advisors before investing.

During the NFO period, these systematic features are unavailable. Post-NFO, investors can initiate SIPs and SWPs, provided they always maintain the mandatory ₹10 lakh minimum investment threshold. Currently, STP is not possible, as there is no regulatory provision for systematic transfers between traditional Mutual Funds and SIFs.

Short-term capital gains (held <12 months) are taxed as per the investor's individual tax slab, while long-term gains (held > 12 months) are taxed at 12.5% (without indexation) plus applicable surcharge and 4% cess. Income from IDCW is taxed in the hands of the investor at their applicable rates, with a 10% TDS for resident individuals if the income exceeds ₹10,000. For qualifying as a long-term capital asset the holding period of units should be more than 12 months as the units are listed on stock exchange.
Investor should consult their tax advisors before investing.

The NFO opens on March 06, 2026, and closes on March 18, 2026, with allotment scheduled for March 25, 2026. The fund will re-open for ongoing transactions and publish its first NAV on March 30, 2026.

The fund utilizes a proprietary in-house model to dynamically adjust equity exposure, pivoting toward fixed income and option strategies to cushion the portfolio during sideways or bear phases. This defensive positioning amis to provide stability and ensure that 6-month rolling returns remain resilient with minimal negative impact.

Apex prioritizes strategic breadth over aggression, diversifying risk across multiple return engines rather than a single source. This multi-engine approach has potential to provide more resilient performance profile compared to the structural limits or conservative bands of its peers.