Summit Equity Long-Short Fund
Invesco Mutual FundSummit Equity Long-Short Fund seeks long-term capital appreciation by combining directional equity investments with tactical short positions, aiming for risk-adjusted returns over a traditional long-only strategy. As of end-September 2026 the portfolio was 93.50% equity (led by ICICI Bank, Bharti Airtel, and Indo-MIM, with Banks, Capital Markets, and Industrial Manufacturing the largest sectors), with the balance, 6.50%, held in cash and cash equivalents. Direct plan Base Expense Ratio is 0.70%; the Regular plan runs 2.10%.
NAV history
Custom date range
Pick any two dates to see Direct Plan NAV and the return between them.
Performance vs. benchmark
Showing Direct Plan performance.
| Period | Fund | BSE 500 TRI |
|---|---|---|
| 1 Week† | +0.99% | — |
| 15 Days† | -1.45% | — |
| 1 Month† | -0.68% | — |
| 3 Months† | +0.89% | — |
| 6 Months | — | — |
| 1 Year | — | — |
| 3 Years | — | — |
| 5 Years | — | — |
| Since Inception† | +1.90% | — |
† No AMC-verified benchmark figure yet for this period — computed from daily NAV.
Portfolio exposure
| Instrument | Sector | Type | Weight |
|---|---|---|---|
| Others Equity Total (remaining long positions) | — | Equity - Long | 60.1% |
| Cash & Cash Equivalent | — | Cash & Equivalents | 6.5% |
| ICICI Bank Ltd. | Banks | Equity - Long | 6.1% |
| Bharti Airtel Ltd. | Telecom - Services | Equity - Long | 3.9% |
| Indo-MIM Ltd. | Industrial Manufacturing | Equity - Long | 3.5% |
| InterGlobe Aviation Ltd. | Transport Services | Equity - Long | 3.4% |
| Eternal Ltd. | Retailing | Equity - Long | 3.4% |
| Abbott India Ltd. | Pharmaceuticals & Biotechnology | Equity - Long | 3.0% |
| Cholamandalam Investment and Finance Company Ltd. | Finance | Equity - Long | 2.8% |
| Indian Bank | Banks | Equity - Long | 2.5% |
| Larsen & Toubro Ltd. | Construction | Equity - Long | 2.4% |
| Coforge Ltd. | IT - Software | Equity - Long | 2.4% |
Top holdings from the AMC's own portfolio disclosure — not the complete, line-by-line portfolio (which can run to 100+ positions). Gross/net exposure above is calculated from this subset, so it may differ slightly from the AMC's own published figures.
Investment strategy
Takes long positions in equities expected to outperform, hedged with short positions or index/stock derivatives to manage net market exposure.
Key facts
- Category
- Equity Long-Short
- Benchmark
- BSE 500 TRI
- Launch date
- 22 Jul 2026
- Expense ratio
- 0.70%
- Exit load
- 0.50% if redeemed or switched out on or before 3 months from the date of allotment; Nil after 3 months
- Lock-in
- —
- Risk-o-meter
- Risk Band 5 of 5 (Higher Risk) — SIF-specific risk band, distinct from the standard mutual fund risk-o-meter scale
- Minimum investment
- ₹10,00,000
- AMFI scheme code (Direct)
- SIF-149
- ISIN (Direct, Growth)
- INF205K30048
- AMFI scheme code (Regular)
- SIF-150
- ISIN (Regular, Growth)
- INF205K30014
- Official document
- AMC factsheet (PDF)As of 30 Sept 2026