Kotak Mahindra Asset Management Company has announced the launch of its maiden Specialized Investment Fund (SIF) - the Kotak Infinity Hybrid Long-Short Fund, marking its entry into SEBI’s newly introduced SIF category.

SIFs are a new investment category designed to bridge the gap between traditional mutual funds and more advanced offerings such as PMS and AIFs. They may offer relatively greater flexibility in portfolio construction, subject to applicable regulatory provisions, and are generally suited for investors who understand the associated features and risks.

The strategy aims to navigate different market conditions through dynamic management of net equity exposure, with a focus on portfolio risk management, including downside risks. It involves a combination of long-only investments, permitted short exposures and arbitrage opportunities, in line with regulatory limits.

The New Fund Offer (NFO) opened June 15, 2026, and closes June 29, 2026.

Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company Ltd says “With experience in managing hybrid strategies, the Infinity Hybrid Long-Short Fund is positioned to provide an additional approach to investing, with a focus on disciplined portfolio construction and risk management."

Kalpesh Jain, Fund Manager- SIF at Kotak Mahindra Asset Management Company Ltd says “SIFs enable a more flexible approach to portfolio construction while maintaining a strong focus on risk management. The Infinity Hybrid Long-Short Fund will invest across equities, arbitrage opportunities and select derivative strategies, dynamically managing net equity exposure. The objective is to participate in market upside while aiming to reduce drawdowns in volatile conditions.”

Source: Press release