Platinum SIF brought to you by Mirae Asset Mutual Fund Launches Platinum Hybrid Long-Short Fund

Platinum SIF brought to you by Mirae Asset Mutual Fund, today announced the launch of its Platinum Hybrid Long-Short Fund. The New Fund Offer (NFO) for the fund will be open for subscription from May 20, 2026 to June 3, 2026.

SIF is a new asset class, positioned between mutual funds and alternative investment fund (AIF). The minimum investment amount is Rs 10 lakh at the Permanent Account Number (‘PAN’) level, across all investment strategies offered by the SIF.

“The SIF provides investors access to specialised strategies alongside the safety and transparency of mutual fund,” said Neelesh Surana, CIO, Mirae Asset Investment Managers (India) Private Limited.

“The fund shall seek to provide higher flexibility in strategy and allocation across debt, equity & derivatives instruments.”

“Platinum Hybrid Long-Short Fund will have controlled equity exposure between 5-70% that includes collar strategy and special situations, fully hedged exposure through arbitrage in the range of 5-70% and high-quality accrual debt exposure in the range of 25-35%,” said Gaurik Shah, SVP – Equity Investments, Mirae Asset Investment Managers (India) Private Limited. “The three-tiered structure not just makes it agile but also provides relatively lower drawdowns vs hybrid funds with unhedged directional equity exposure.”

“Platinum SIF is being launched with a purpose to fill a gap between retail investors and high net-worth investors. The first fund, Platinum Hybrid Long-Short Fund is positioned to fill the product gap of generating fixed income sort of returns in a tax efficient. SEBI safeguards allow SIFs to use derivatives smartly, helping fund houses manage risk better and offer innovative product.” said Vaibhav Shah, Head - Products, Business Strategy and International Business, Mirae Asset Investment Managers (India) Private Limited.

Established in 2007, Mirae Asset Mutual Fund is one of India’s emerging fund houses. Mirae Asset Investment Managers (India) Pvt. Ltd. is the Investment Manager to Mirae Asset Mutual Fund. As a pivotal player within Mirae Asset Global Investments, operating across 19 countries, Mirae Asset Investment Managers (India) Pvt. Ltd. is dedicated to collaborative management, offering a fully diversified investment platform. As on December 31, 2025, the AMC has 92 schemes available for investors spread across Equity funds, Debt funds, Hybrid Funds, ETF and Index funds. With expertise drawn from our global professionals, Mirae Asset Mutual Fund aims to cater to clients’ evolving needs with innovative solutions across various asset classes, striving to align portfolios with investment objectives for potential growth and success.