Invesco Mutual Fund launches Summit Equity Long-Short Fund

NFO Opens: 2 July 2026; Closes: 16 July 2026

Invesco Mutual Fund today announced its entry into Specialized Investment Fund (SIF) category under the brand name Summit SIF. Marking entry into SIF, it further announced launch of its first SIF investment strategy, the Summit Equity Long-Short Fund (An open ended equity investment strategy investing in listed equity and equity related instruments including limited short exposure in equity through derivative instruments).

Summit Equity Long-Short Fund is designed to capture both directional upside through long positions and tactical downside opportunities through short positions. The strategy reflects the core philosophy of Summit SIF: adapting to market conditions while seeking alpha.

This investment strategy will combine two distinct strategies to deliver an edge to the portfolio: A directional long strategy driven by a bottom-up stock selection process anchored in Invesco Asset Management (India)’s categorization framework; A Tactical short position via derivatives aimed at capturing downside opportunities in stocks expected to underperform. The investment strategy will be managed by Mr. Hiten Jain and will be benchmarked to BSE 500 TRI.

Speaking at the launch, Mr. Saurabh Nanavati, MD & CEO, Invesco Asset Management (India) Pvt. Ltd. said, “We are at an inflection point in Indian asset management. The SIF category gives experienced investors access to a level of portfolio flexibility that was previously the preserve of institutional capital. Summit SIF is our commitment to bringing specialized investment thinking to India’s next generation of wealth builders.”

Mr. Hiten Jain, Fund Manager, Invesco Mutual Fund further said, “In today’s dynamic markets, alpha generation extends beyond simply riding the tide – it requires navigating both opportunity and risk. Conventional long-only funds can make money when stock prices go up. However, return generation within markets is inherently non-linear and characterized by periodic dislocations. Summit Equity Long-Short Fund is designed to capture both long and short opportunities enabling it to effectively capitalize on market volatility and evolving opportunities.”

The minimum investment amount during the NFO is ₹10,00,000/- and in multiples of ₹1/- thereafter. In case of Accredited investors, the minimum investment amount during the NFO is ₹1,00,000/- and in multiples of ₹1/- thereafter. For SIP investments, the minimum application amount is ₹1,000/- and in multiples of ₹1/- thereafter subject to maintaining investment threshold of ₹10,00,000 across all investment strategies of Summit SIF.

The investment strategy will charge an exit load of 0.50% for units redeemed / switched out on or before 3 months from the date of allotment. No exit load will be charged if units are redeemed / switched out after 3 months.

The New Fund Offer (NFO) is open for subscription from today (July 2, 2026) and will close on July 16, 2026.