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Altiva SIF Builds High Conviction SMID Portfolio With New Edelweiss Fund

Altiva SIF Builds High Conviction SMID Portfolio With New Edelweiss Fund
Altiva SIF Builds High Conviction SMID Portfolio With New Edelweiss Fund

Radhika Gupta, MD & CEO, Edelweiss Mutual Fund, said Altiva Equity Ex Top 100 Long Short Fund will focus on long term alpha through a high conviction small and midcap portfolio.

Mumbai, 18 May 2026: Altiva SIF by Edelweiss Mutual Fund has launched Altiva Equity Ex Top 100 Long Short Fund, its second offering under the Altiva Specialised Investment Fund platform.
The New Fund Offer opens on May 18, 2026 and will close on June 1, 2026. Units are priced at ₹10 during the offer period.
The fund is designed to generate long term capital appreciation by investing in equity and equity related instruments, with a focus on companies beyond the top 100 by market capitalisation.
The strategy will invest across mid and small cap companies ranked 101 to 750 by market capitalisation. It will follow a predominantly long only, sector agnostic approach, with a portfolio of 35 to 45 high conviction bottom up ideas from the SMID universe.

The fund also has flexibility to take both long and limited short positions, including through derivatives, to manage market cycles.
According to Edelweiss Mutual Fund, small and midcap companies have historically offered strong alpha opportunities beyond large caps. Over the past five years, the SMID universe delivered 185 multi bagger stocks compared to 13 in the large cap segment.
The fund house said the recent correction from peak levels has made small and midcap valuations more reasonable, improving the risk reward proposition for investors.

Radhika Gupta, MD & CEO, Edelweiss Mutual Fund, said, “Following the successful launch of Altiva Hybrid Long Short Fund – now the largest SIF in the industry, driven by a strong investment track record and the confidence and trust of our investors – we are excited to introduce our next strategy. Altiva Equity ex Top 100 is predominantly a long-only strategy designed to capture long-term alpha through a high-conviction small and midcap portfolio. Backed by our strong track record in managing mid and small-cap funds and deep bottom-up stock research, this offering will focus on building a focused portfolio of high-conviction ideas.”

Trideep Bhattacharya, President & CIO, Equities, Edelweiss Mutual Fund, said, “The ex-Top 100 strategy, focused on small and midcaps, opens opportunity to a broader universe of companies across sectors that are largely absent in the large-cap space. It represents a fertile ground for high-growth businesses that are yet to be fully discovered by the market and have the potential to generate meaningful alpha. With the recent correction in SMID valuations, the strategy offers an attractive entry opportunity for investors.”
The fund will be managed by Trideep Bhattacharya, President & CIO, Equities, and Nikhil Gada, Senior Vice President, Edelweiss Mutual Fund.
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