Description

Birla Mutual Fund's Apex Hybrid Long-Short Fund under the Specialized Investment Fund (SIF) framework will reopen for ongoing subscriptions, redemptions, and SIP on the NSE MF Invest Platform from March 30, 2026.

Summary

NSE has informed its members that the Apex Hybrid Long-Short Fund of Birla Mutual Fund, operating under the Specialized Investment Fund (SIF) framework, will be reopened for ongoing subscriptions and redemptions along with SIP facility on the NSE MF Invest Platform effective March 30, 2026.

Key Points

  • Apex Hybrid Long-Short Fund (Birla Mutual Fund SIF) reopens for ongoing transactions from March 30, 2026
  • Available on NSE MF Invest Platform for subscriptions, redemptions, and SIP
  • Six scheme variants available across Regular and Direct plans with Growth, IDCW, and IDCW Reinvestment options
  • All six variants are categorized as Equity

Regulatory Changes

No regulatory changes. This is an operational notification regarding the availability of an existing SIF scheme for ongoing transactions.

Compliance Requirements

No specific compliance requirements for members. Members are simply informed of the availability of the fund for transacting on behalf of investors through the NSE MF Invest Platform.

Important Dates

  • March 30, 2026: Effective date for reopening of Apex Hybrid Long-Short Fund for ongoing subscriptions, redemptions, and SIP on NSE MF Invest Platform

Impact Assessment

Minimal market impact. This circular is a routine notification to NSE members about the availability of a mutual fund scheme under the SIF framework. Investors will gain access to the Apex Hybrid Long-Short Fund through the NSE MF Invest Platform starting March 30, 2026. The six scheme variants span Regular and Direct plans with multiple payout options (Growth, IDCW, IDCW Reinvestment), providing flexibility to investors. ISINs for all six variants are provided for reference:

Scheme NameISIN
Apex Hybrid Long-Short Fund - Regular IDCWINF209K30057
Apex Hybrid Long-Short Fund - Regular GrowthINF209K30040
Apex Hybrid Long-Short Fund - Regular IDCW ReinvestmentINF209K30065
Apex Hybrid Long-Short Fund - Direct IDCWINF209K30024
Apex Hybrid Long-Short Fund - Direct GrowthINF209K30016
Apex Hybrid Long-Short Fund - Direct IDCW ReinvestmentINF209K30032

Impact Justification

Routine operational circular notifying members about the reopening of a mutual fund scheme for ongoing transactions; no regulatory changes or compliance obligations for trading members.