ICICI Prudential MF Launches Two Long-Short SIF Strategies; NFOs Open Till June 2

ICICI Prudential Mutual Fund launched two new investment strategies under its Specialised Investment Fund (SIF) platform, namely iSIF Active Asset Allocator Long-Short Fund and iSIF Equity Long-Short Fund, to cater to investors looking for more flexible investment options during volatile market conditions.

The new fund offers (NFOs) opened for subscription on May 19 and will remain open till June 2, 2026, the fund house said.

The schemes have been launched under the Securities and Exchange Board of India's (Sebi) newly introduced SIF framework, which bridges the gap between traditional mutual funds and investment products like Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs).

The launch comes as fund houses look at more flexible investment strategies amid volatile and uncertain market conditions.