Summit Equity Long-Short Fund Direct Growth
Get the latest NAV of Summit Equity Long-Short Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹10.44
1D
NAV as on 11 Sep 2026
4.61%/per year
Since Inception
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17 people have invested ₹ 62.9L in Summit Equity Long Short Fund in the last three months
Summit Equity Long Short Fund Performance vs.
Fund returns vs Benchmark returns vs Category Average returns as on (11-Sep-26)
INDmoney Rank
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IND ranking is not available for this fund.
Summit Equity Long Short Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Summit Equity Long Short Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | -- |
Benchmark | BSE 500 TRI |
| AUM | -- |
| Inception Date | 24 July, 2026 |
| Min Lumpsum/SIP | ₹10,00,000/₹1,000 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 0% |
| Risk |   Very High Risk |
About Summit Equity Long Short Fund
Summit Equity Long-Short Fund Direct Growth is an equity fund. This fund was started on 24 July, 2026. The fund is managed by Hiten Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- Summit Equity Long Short Fund has ₹0 Cr worth of assets under management (AUM) as on Sep 2026 and is more than category average.
- The fund has an expense ratio 0.
Returns
Summit Equity Long Short Fund has given a CAGR return of 4.61% since inception.
Holdings
Summit Equity Long Short Fund has allocated its funds majorly in . Its top holdings are
Taxation
As it is a equity long-short fund mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Summit Equity Long Short Fund
To generate long-term capital appreciation by investing primarily in equity and equity-related instruments, combining directional equity investments with tactical short positions to provide risk-adjusted returns over traditional long-only strategies. There is no assurance that the investment objective of the Investment strategy will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000000.00 and for SIP is INR 1000.00. Summit Equity Long Short Fund has no lock in period.
Fund Manager
Hiten Jain
Fund Manager of Summit Equity Long Short Fund, since 23 July 2026
Frequently Asked Questions for Summit Equity Long-Short Fund Direct Growth
How do I invest in Summit Equity Long Short Fund?
- Download the INDmoney app.
- Search for ‘Summit Equity Long Short Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.