Kotak AMC launches maiden SIF with Infinity Hybrid Long-Short Fund
Kotak Mahindra Asset Management Company has launched its first Specialised Investment Fund, the Infinity Hybrid Long-Short Fund, under SEBI's new SIF framework. The strategy seeks to balance market participation and risk management through a mix of equity, arbitrage and derivative exposures.
Hyderabad: Kotak Mahindra Asset Management Company announced the launch of its maiden Specialised Investment Fund (SIF) – the Kotak Infinity Hybrid Long-Short Fund, marking its entry into SEBI’s newly introduced SIF category.
SIFs are a new investment category designed to bridge the gap between traditional mutual funds and more advanced offerings such as PMS and AIFs.
They may offer relatively greater flexibility in portfolio construction, subject to applicable regulatory provisions, and are generally suited for investors who understand the associated features and risks.
The strategy aims to navigate different market conditions through dynamic management of net equity exposure, with a focus on portfolio risk management, including downside risks.
It involves a combination of long-only investments, permitted short exposures and arbitrage opportunities, in line with regulatory limits. However, there is no assurance that the stated objectives will be achieved or that the strategy will deliver consistent or stable outcomes across market cycles. The New Fund Offer (NFO) will open on June 15, 2026, and close on June 29, 2026.
Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company Ltd says “Mutual funds have created significant wealth through disciplined long-only investing. SIFs represent a natural evolution, offering greater flexibility through long-short strategies to navigate market cycles more effectively.”
Kalpesh Jain, Fund Manager- SIF at Kotak Mahindra Asset Management Company Ltd says “SIFs enable a more flexible approach to portfolio construction while maintaining a strong focus on risk management. The Infinity Hybrid Long-Short Fund will invest across equities, arbitrage opportunities and select derivative strategies, dynamically managing net equity exposure. The objective is to participate in market upside while aiming to reduce drawdowns in volatile conditions.”