A New Fund Offer (NFO) 2026 has opened for investors in India. The latest launch is the DynaSIF Equity Ex-Top 100 Long-Short Fund, introduced by 360 ONE Mutual Fund under its Specialized Investment Fund (SIF) platform.
This latest NFO opened for subscription on 5 June 2026 and will close on 19 June 2026.
Unlike traditional equity funds that primarily take long positions in stocks, this fund combines investments in mid and small cap stocks with hedging and short-selling strategies through derivatives. The objective is to generate long-term capital appreciation while managing downside risks through active portfolio management.
If you are considering investing in this NFO, it is important to understand how the strategy works, who it may be suitable for and the risks involved before making an investment decision.
DynaSIF Equity Ex-Top 100 Long-Short Fund NFO Details
Particulars | Details |
Fund Name | DynaSIF Equity Ex-Top 100 Long-Short Fund |
Fund Type | Open Ended Investment Strategy |
Category | Equity Ex-Top 100 Long-Short Fund |
Benchmark | BSE 500 TRI |
Fund Manager | Harsh Agarwal |
Co Fund Managers | Mayur Patel, Milan Mody, Pranav Mise |
NFO Open Date | 05-June-2026 |
NFO Close Date | 19-June-2026 |
Allotment Date | 29-June-2026 |
Minimum Initial Investment | ā¹10,00,000 |
Minimum Investment for Accredited Investors | ā¹1,00,000 |
Minimum Additional Investment | ā¹20,000 |
Minimum SIP | ā¹20,000 |
Starting NAV | ā¹10 per unit |
Entry Load | Nil |
Exit Load | 0.5% if redeemed within 3 months, Nil thereafter |
Company Details
Particulars | Details |
Company | 360 ONE Mutual Fund |
SIF Platform | DynaSIF |
Asset Under Management | ā¹ 13,194 CroresĀ |
Website | |
Address | 360 ONE Centre, Kamala City, S.B. Marg, Lower Parel, Mumbai 400013 |
Contact Number | 1800 2108 606 |
Source: AMFI India (New Fund Offers)
What has 360 ONE Mutual Fund launched?
The DynaSIF Equity Ex-Top 100 Long-Short Fund is a Specialized Investment Fund designed to generate long-term capital appreciation by investing primarily in companies outside India’s top 100 listed companies by market capitalisation.
The strategy combines:
- Mid cap and small cap equity investments
- Tactical hedging through derivatives
- Limited short exposure in selected stocks
- Active portfolio management based on qualitative and quantitative research
The fund aims to identify both outperforming and underperforming opportunities and may use long and short positions to seek returns across different market environments.
How does the strategy work?
The fund manager actively identifies investment opportunities in companies outside the top 100 by market capitalisation.
Step | What Happens? |
1 | Identify mid and small cap companies with strong growth potential |
2 | Identify stocks that may underperform |
3 | Build long positions in attractive opportunities |
4 | Use derivatives to hedge risks or create short positions |
5 | Adjust exposure based on market conditions and investment outlook |
Let’s see through an example
Suppose the fund manager believes:
- Company A is expected to grow strongly because of improving earnings and business prospects.
ā¢ Company B may underperform because of weakening fundamentals.
The fund may buy Company A while taking a short position in Company B through derivatives.
If the investment view proves correct, the strategy may generate returns from both positions while reducing overall market risk.
Potential Benefits
Potential Benefit | Why It Matters |
Access to Mid and Small Caps | Opportunity to participate in growth beyond large cap companies |
Long and Short Opportunities | Ability to benefit from both positive and negative stock views |
Active Risk Management | Hedging may help reduce downside risk during market weakness |
Diversification | Provides exposure to an alternative investment approach |
Professional Management | Managed by experienced investment professionals |
What are the key risks?
Risk | What Does It Mean? |
Mid and Small Cap Risk | These stocks can be more volatile than large caps |
Derivative Risk | Derivatives can amplify gains as well as losses |
Strategy Risk | Investment decisions may not always work as expected |
Market Risk | Portfolio value can fluctuate with market conditions |
Liquidity Risk | Certain securities may be difficult to buy or sell quickly |
Fund Manager Risk | Performance depends significantly on execution of the strategy |
No market-linked investment can guarantee returns or capital protection.
Who may consider this fund?
Investor Type | Why |
Experienced investors | Better understanding of advanced strategies |
Investors seeking mid and small cap exposure | Opportunity to access companies outside the top 100 |
Investors with diversified portfolios | Looking to add alternative investment strategies |
Long-term investors | Can allow the strategy time to perform across market cycles |
Who may not find it suitable?
Investor Type | Why |
First-time investors | Strategy may be difficult to understand |
Conservative investors | Volatility may be uncomfortable |
Investors seeking guaranteed returns | Market-linked returns are not assured |
Investors with short-term goals | Strategy is designed for long-term investing |
DynaSIF Equity Ex-Top 100 Long-Short Fund vs Traditional Investment Options
Investment Option | Return Potential | Risk | Complexity |
Fixed Deposit | Low | Low | Low |
Debt Mutual Fund | Low to Moderate | Low | Low |
Hybrid Mutual Fund | Moderate | Moderate | Low |
Equity Mutual Fund | High | High | Moderate |
DynaSIF Equity Ex-Top 100 Long-Short Fund | High | High | High |
Higher complexity does not automatically mean better investment outcomes. Suitability remains the most important factor.
Zenith Finserve’s View
If you are an experienced investor seeking exposure to mid and small cap opportunities along with active risk management through long-short strategies, the DynaSIF Equity Ex-Top 100 Long-Short Fund may be worth evaluating.
However, you should remember that long-short investing involves greater complexity than traditional mutual funds. The success of the strategy will depend on stock selection, risk management, derivative execution and market conditions.
Before investing, it is important to evaluate whether the strategy aligns with your financial goals, risk profile, investment horizon and existing portfolio allocation.
How can Zenith Finserve help?
A new investment strategy may appear attractive because it offers a differentiated approach to investing. However, every investment decision should be evaluated based on your financial goals, risk appetite, liquidity needs and overall portfolio structure.
At Zenith Finserve, we evaluate new investment opportunities through a structured investment process before providing any suggestion. We help you understand the strategy, risks, portfolio fitment and appropriate allocation. The objective is to invest in opportunities that genuinely support your financial goals.
Frequently Asked Questions (FAQs)
What is the DynaSIF Equity Ex-Top 100 Long-Short Fund?
It is a Specialized Investment Fund that invests primarily in mid and small cap stocks while using hedging and short-selling strategies through derivatives.
What is the minimum investment amount?
The minimum initial investment is ā¹10 lakh. Accredited investors can invest from ā¹1 lakh.
What does Ex-Top 100 mean?
The strategy primarily invests in companies outside India’s top 100 listed companies by market capitalisation, focusing mainly on mid and small cap stocks.
What is a long-short strategy?
A long-short strategy involves buying stocks expected to perform well while taking short positions in stocks expected to underperform.
Is capital protection guaranteed?
No. This is a market-linked investment and neither capital nor returns are guaranteed.
What is the benchmark of the fund?
The benchmark is the BSE 500 Total Return Index (TRI).
What is the exit load?
An exit load of 0.5% applies if units are redeemed within three months from allotment. No exit load applies after three months.
Can the fund benefit from falling markets?
The strategy has the flexibility to use short positions and hedging techniques. However, positive returns are not guaranteed during market declines.
