ITI Mutual Fund makes SIF debut with Diviniti Equity Long Short Fund launch

ITI Mutual Fund today announced the launch of its Specialized Investment Fund (SIF) platform with the debut of its first offering — the Diviniti Equity Long Short Fund, a next-generation equity strategy designed to capture growth across market cycles while aiming to limit downside risks.

The new fund offer or NFO of the fund is open for subscription and will close on November 24.

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The open-ended strategy will invest in listed equities and related instruments, including limited short positions through derivatives, in line with SEBI regulations.

“With the Specialized Investment Fund platform, ITI Mutual Fund is bridging the gap between traditional mutual funds and alternative investment strategies. SIF offers investors the sophistication of AIFs and PMS, combined with the governance, transparency, and tax efficiency of the mutual fund structure. Its innovation is anchored in responsibility — a balance that aligns with the evolving needs of today’s investors,” said Jatinder Pal Singh, Chief Executive Officer, ITI Mutual Fund.

The SIF framework, approved by SEBI, is available to qualified investors seeking differentiated investment opportunities with a minimum investment of Rs 10 lakh. It enables portfolio strategies that can dynamically adapt to changing markets, manage risk effectively, and pursue consistent, long-term wealth creation.

“In the current market environment, capital protection during downturns is as important as capturing upside in bull phases. The Diviniti Equity Long Short Fund is structured to participate in growth periods while tactically managing risk through short exposures — within SEBI’s prescribed framework. This disciplined approach aims to deliver more stable returns and smoother investor experiences across market cycles,” said Rajesh Bhatia, Chief Investment Officer, ITI Mutual Fund.

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The Diviniti model has been tested over seven years across varying market conditions, demonstrating its ability to deliver steady performance and reduced volatility during periods of market stress, according to a press release by the fund house.

The release further said the the name ‘Diviniti’ draws inspiration from two concepts:

• ‘Divine’ – symbolizing higher purpose, integrity, and universal wisdom

• ‘Niti’ – derived from the Hindi word, a principle rooted in Indian philosophy, reflecting ethical policy, moral governance, and strategic intent.