WSIF Equity Ex-Top 100 Long-Short Fund
An open ended investment strategy investing in equity and equity related instruments including limited short exposure in equity through derivative instruments, of stocks other than large cap stocks.
NFO Open Date
April 15, 2026
NFO Close Date
April 29, 2026
Quick Reasons to Invest
Exposure Beyond Top 100 Companies
The strategy predominantly invests in equity and equity-related instruments of companies beyond the top 100 by full market capitalization, providing exposure to a broader market universe.
Long-Term Capital Appreciation Objective
Designed with an objective to generate long-term capital appreciation through a diversified portfolio of equity and equity-related instruments.
Use of Limited Short Exposure
The strategy may employ limited short exposure through derivative instruments (up to 25%) as permitted under regulations.
Active and Dynamic Investment Approach
Follows an active investment approach, with flexibility to allocate across market segments and use derivatives for portfolio positioning, in line with market conditions.
Diversified Portfolio Construction
Invests across equity, equity-related instruments, and other permitted securities, aiming to maintain diversification within the framework of the investment strategy.
Strategy Snapshot
An open ended investment strategy investing in equity and equity related instruments including limited short exposure in equity through derivative instruments, of stocks other than large cap stocks.
Category of the Investment Strategy
Equity Ex-Top 100 Long-Short Fund
| Minimum Initial Application | ₹10,00,000/- and in multiples of ₹100/- thereafter. |
| Minimum Additional Purchase amount | ₹10,000/- and in multiples of ₹100/- thereafter. |
| Minimum Redemption | ₹1,000/- and in multiples of ₹100/- thereafter. |
| Entry Load | Nil |
| Exit Load | Nil |
| Plans/Options | Direct Plan / Regular Plan – Growth & IDCW (Payout / Reinvestment) |
| Risk band | Higher Risk - Risk band level 5 |
Investment objective
To generate long-term capital appreciation by investing primarily in equity and equity-related instruments of stocks outside the top 100 by market capitalization, while utilizing limited short exposure through derivative.
There is no assurance that the investment objective of the Investment strategy will be achieved.
The Sweet Spot: Future Megatrends
Emerging Innovators
- Early Megatrend Adopters
- High growth But High uncertainty
- Funded by Venture Capital
- Loss making
- Low Success rate
Hyper Growth phase
- Business model proven
- High growth continues
- Low Profitability / Still loss making
- Poor return ratios
- Cash Burn
High Growth Listed companies
- Companies list or scale as midcaps
- Growth remains strong
- Valuations reset from private market hype
- Focus on profitability
- Return Ratios improve
Established Market Leaders
- Megatrend fully recognised.
- Growth normalises
- Returns become incremental
WSIF's QUBOID Approach To Investing
Q
Quantitative Validation
U
Underlying Growth Vectors/ Megatrends
B
Behavioural and Probabilistic Investing
O
Orthogonal Factors
I
Investment Hypothesis
D
Drawdown Control & Asymmetric Upside
Essence
Data-driven screening with an aim to build a high-quality investible universe
Focus on long-term multi decade megatrends shaping economic behaviour.
Prepare for multiple outcomes instead of one forecast.
Identify hidden value, catalysts, and special situations.
Clearly defined investment hypothesis for every portfolio constituent.
Risk limits are defined before return targets. Portfolio level Volatility and risk assessment.
Q
Quantitative Validation
Data-driven screening with an aim to build a high-quality investible universe
U
Underlying Growth Vectors/ Megatrends
Focus on long-term multi decade megatrends shaping economic behaviour.
B
Behavioural and Probabilistic Investing
Prepare for multiple outcomes instead of one forecast.
O
Orthogonal Factors
Identify hidden value, catalysts, and special situations.
I
Investment Hypothesis
Clearly defined investment hypothesis for every portfolio constituent.
D
Drawdown Control & Asymmetric Upside
Risk limits are defined before return targets. Portfolio level Volatility and risk assessment.
The above is the framework currently adopted by the fund and is subject to change in accordance with the provisions of the Information strategy information document (ISID) and depending on the market conditions.
WSIF Equity Ex-Top 100 Long-Short Fund
Risk band Level 5
Risk band Level 5
NIFTY 500 Total Return Index (TRI)
Risk band Level 5
Risk band Level 5
NIFTY 500 Total Return Index (TRI)
*The Risk Band has been as specified by AMFI.
Product labelling assigned during the New Fund Offer (NFO) is based on internal assessment of the investment strategy characteristics or model portfolio and the same may vary post NFO when the actual investments are made.
Offer of units of Rs. 10 each for cash during the New Fund Offer and Continuous offer for Units at NAV based prices.
WSIF Equity Ex-Top 100 Long-Short Fund
