Kotak Infinity SIF Opens for Investment, NFO Closes on June 29

Kotak Mutual Fund has opened its first SIF, offering wealthy investors a hybrid long-short strategy with a ₹10 lakh minimum and a June 29 deadline.

Key Highlights
 

• Kotak Infinity Hybrid Long-Short Fund opened on June 15, 2026. Applications remain open until June 29, with ₹10 lakh required at the investor’s PAN level.
   
• SEBI introduced SIFs in February 2025. The category’s assets reached ₹13,814 crore in May 2026, up 12% from April.

Kotak Mahindra Asset Management Company launched its first Specialised Investment Fund in India on June 15, 2026. The Economic Times reported that the Infinity Hybrid Long-Short Fund NFO will close on June 29.

The fund can invest in shares, debt securities and arbitrage positions. It can also short selected securities through derivatives within SEBI limits. That gives the managers room to cut net equity exposure during weak markets. Still, a wrong call can hurt returns quickly, and the interval format may not suit someone who needs money at short notice.

What Does Kotak Infinity SIF Offer Investors?

Kotak has placed the strategy between an ordinary mutual fund and higher-ticket investment services. A regular mutual fund may accept ₹500 or ₹1,000. This one starts at ₹10 lakh.

For Indian households, the positive part is wider choice under SEBI supervision. The difficult part is access. A family with ₹10 lakh available for investment still has to judge whether locking a large amount into one complex strategy is sensible. LoansJagat guide explains that the fund may suit experienced investors with a diversified portfolio and ₹10 lakh they will not need soon. Investors should still check costs, liquidity windows and derivative risks before applying. Its NFO guide explains the basic checks.

Why Are Fund Houses Moving Into SIFs?

SEBI issued its SIF framework on February 27, 2025, under Circular No. SEBI/HO/IMD/IMD-I POD-1/P/CIR/2025/26. Reuters reported that the category became operational from April 1, 2025.

Those numbers explain Kotak’s timing. Investor money is already entering hybrid and equity-oriented SIF strategies, though the category has not yet passed through many market cycles.

What Do Kotak’s Fund Managers Say?

Kotak AMC Managing Director Nilesh Shah said SIFs give managers greater flexibility than long-only portfolios. Kalpesh Jain said the fund would use equities, arbitrage and selected derivatives while trying to limit drawdowns.

The useful check is simple. Investors should study the redemption window, expenses, tax treatment and actual net equity exposure, not rush because June 29 appears close.

Conclusion

Kotak’s entry gives wealthy investors another regulated long-short option. The ₹10 lakh threshold and derivative exposure still call for careful suitability checks before investing.

FAQs

What Is The Minimum Investment?

The minimum investment is ₹10 lakh across Kotak Infinity SIF strategies at the investor’s PAN level.

Can The Fund Take Short Positions?

Yes. SEBI permits short exposure of up to 25% through unhedged derivative positions.

Does the Kotak Infinity SIF Offer Capital Protection?

No. The strategy seeks to limit drawdowns, but it does not guarantee returns or capital protection.

Are Specialised Investment Funds Suitable for Every Investor?

Specialised investment funds suit investors who can handle ₹10 lakh minimums, derivatives, and restricted liquidity.

How Safe Is It to Invest in Kotak Mutual Funds Currently?

Kotak mutual funds are SEBI-regulated, but returns, capital, and fund performance remain unguaranteed for investors.