New Delhi, May 18 -- Altiva SIF by Edelweiss Mutual Fund on Monday announced the launch of its second offering under Altiva Specialised Investment Fund (SIF) platform, marking a strategic expansion into equity-led specialised strategies, said an official statement here.

"Altiva Equity Ex-Top 100 Long-Short Fund," the new fund is specially designed to deliver long-term capital appreciation by investing in equity and equity-related instruments with a differentiated focus on opportunities beyond the top 100 companies.

This new fund offer (NFO) will open on May 18 and close on June 1 with units priced at Rs 10 during the offer period.

It adopts a unique approach by focusing on companies outside the top 100 by market capitalisation, allowing ...