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Summit Equity Long-Short Fund(G)-Direct Plan

Equity•Direct Growth•High Risk

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NAV : 23 Oct 2026

₹9.87

Min. SIP amount

₹1,000

Fund size (AUM)

375 Cr

Expense ratio

0.0%

Launched on

22 Jul 2026

Lock-in period

N/A

Benchmark

Nifty 50

Fund Plan

Direct

SIP Calculator + Returns

Monthly investment

₹8,000

3M6M1Y3Y
Total investment
₹0
Would've become
₹0

Stock Allocation

Stock nameSectorAllocation
Triparty RepoCash & Cash Equivalents And Net Assets7.67%
Icici Bank LimitedBank6.12%
Bharti Airtel LimitedTelecom3.90%

Fund Composition

₹375 Cr

Large Cap

35.14%

Mid Cap

20.49%

Small Cap

28.53%

Others

15.85%

Sector Allocation

₹375 Cr

Bank

12.94%

Domestic Equities

11.03%

Finance

10.83%

It

7.37%

Cash & Cash Equivalents And Net Assets

6.49%

Realty

5.62%

Retailing

5.51%

Capital Goods

5.48%

Others

34.74%

Minimum investments

Min. for SIP₹1000
Min. for Lumpsum--

Returns vs rankings

Absolute returns
Name1Y3Y5Y
Fund returns------
Rank (Equity)

Exit load, stamp duty and tax

Exit load

0.50% on or before 3M, NIL after 3M

No exit load after holding period

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within less than 1 year, returns are taxed as per your Income Tax slab. If you redeem after more than 1 year, returns are taxed at 12.5%.

Fund management

HJ

Hiten Jain

Present

Similar/Peer Fund Comparison

Fund name
M

Magnum Equity Ex-Top 100 Long-Short Fund(G)-Direct Plan

+0.00%
A

Arudha Equity Long-Short Fund(G)-Direct Plan

+0.00%
i

iSIF Active Asset Allocator Long-Short Fund(G)-Direct Plan

+0.00%
A

Arthaya Equity Long Short Fund(G)-Direct Plan

+0.00%
A

Apex Hybrid Long-Short Fund(G)-Direct Plan

+0.00%
Q

Qsif Active Asset Allocator Long-Short Fund(G)-Direct Plan

+0.00%
S

Sapphire Equity Long-Short SIF(G)-Direct Plan

+0.00%
W

WSIF Equity Long-Short Fund(G)-Direct Plan

+0.00%

FAQs

Summit Equity Long-Short Fund(G)-Direct Plan is a part of Invesco Asset Management Company Pvt Ltd. - SIF, it was incepted on 22 Jul 2026. This fund is managed by Hiten Jain. It is a Equity type of fund.

The current NAV of Summit Equity Long-Short Fund(G)-Direct Plan is ₹9.87 (as of 23 Oct 2026).

Summit Equity Long-Short Fund(G)-Direct Plan has delivered 0.00% in 1 year, 0.00% in 3 years, and 0.00% in 5 years (annualised).

The minimum SIP amount for Summit Equity Long-Short Fund(G)-Direct Plan is ₹1000.

The expense ratio of Summit Equity Long-Short Fund(G)-Direct Plan is 0.0%.

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