MUTUAL FUNDS
Nuvama Mutual Fund files offer document for Numa SIF Equity Long-Short Fund
Nov-02-2026

Nuvama Mutual Fund has filed offer document with SEBI to launch open-ended equity investment strategy named ‘Numa SIF Equity Long-Short Fund’. The New Fund Offer price will be Rs 10 during the NFO. Entry load will be nil. Any redemption within the first 3 months from the date of allotment shall be subject to the following exit load:- if redeemed or switched out on or before completion of 3 months from the date of allotment of units exit load will be 0.50%; if redeemed or switched out after completion of 3 months from the date of allotment of units exit load will be Nil. The Scheme offers growth and IDCW options for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance will be benchmarked against NIFTY 500 Total Return Index (TRI). The minimum application amount will be Rs 1000000 and in multiples of Rs 1 thereafter.

The investment objective of the scheme is to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments, including limited short exposure through derivatives.

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