Invesco Mutual Fund enters SIF segment; launches equity long-short strategy NFO

Invesco Mutual Fund has announced its entry into the newly developing Specialised Investment Fund (SIF) category with the launch of its first strategy, titled Summit Equity Long-Short Fund. The new fund offer (NFO) opens on July 2 and will close on July 16.

The strategy is an open-ended equity-oriented investment approach that will invest in listed equities and equity-related instruments, including limited short exposure through derivatives. It will be managed by Invesco Asset Management (India) and benchmarked to the BSE 500 TRI.

According to the fund house, the strategy is structured to combine long positions, selected through a bottom-up stock-picking approach, with tactical short positions aimed at capturing potential downside in underperforming stocks. The approach is intended to allow flexibility across different market conditions by combining directional and hedging elements within the same portfolio construct.

The fund will be managed by Hiten Jain. It is positioned within the broader “Summit SIF” framework, which the asset manager describes as a platform for more flexible investment strategies within the SIF structure.
The minimum investment during the NFO is set at ₹10 lakh, with accredited investors allowed to invest from ₹1 lakh. Systematic investment plans (SIPs) start at ₹1,000, subject to an overall minimum investment threshold of ₹10 lakh across Summit SIF strategies. The scheme will carry an exit load of 0.50% if redeemed or switched out within three months, and nil thereafter.

Speaking on the launch, Invesco Asset Management (India) highlighted that the SIF structure provides greater portfolio flexibility compared with traditional long-only equity funds, particularly in using derivatives-based short positions.

The company also noted that the strategy aims to participate in both market upswings and periods of volatility, reflecting the broader intent of the SIF framework to expand investment options for investors seeking differentiated equity strategies.

Invesco Asset Management (India) Private Limited is part of Invesco, which manages investment assets across multiple markets globally. The company reported assets under management of $2.2 trillion as of December 2025.

Separately, IndusInd International Holdings Limited was mentioned in the fund launch communication as part of its background disclosures.

The fund house cautioned that investments in Specialised Investment Funds involve relatively higher risk, including market volatility, liquidity risk and potential loss of capital.