Aditya Birla Sun Life Mutual Fund - SIF has launched a new Open Ended Growth scheme named "Apex Equity Long-Short Fund" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Aug 10 to Aug 24, 2026.

According to the offer document filed with SEBI, the entry load is Nil and exit load is 1.

The minimum application amount is Rs 10,00,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.

The fund manager of the scheme will be Manish Gupta, while the performance of the scheme will be benchmarked against NIfty 500 Total Return.

The Investment strategy seeks to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments, including limited short exposure through derivatives. There is no assurance that the investment objective of the Investment strategy will be achieved.