Summit Equity Long-Short Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Limited historical track record under 3 years; long-term cycle performance is still evolving.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +7.29% | +6.32% | +0.97% |
| 3 Months | +5.63% | -0.20% | +5.83% |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +9.12% | +4.03% | +5.09% |
Risk Profile & Deepest Drawdowns
Portfolio & Asset Allocation
Investment Objective & Strategy
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.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 218 cr (AMFI Quarterly AAUM (All Plans) as of 2026-09-30). Positioned as small relative to Sectoral / Thematic schemes.
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| SBI HEALTHCARE OPPORTUNITIES FUND | 7.2 | +23.97% | 1.98% | 43.4% | Rs 6,504 cr | Compare → |
| UTI Healthcare Fund | 7.0 | +22.74% | 2.20% | 57.0% | Rs 1,536 cr | Compare → |
| Mirae Asset Healthcare Fund | 7.9 | +22.67% | - | 45.7% | Rs 3,828 cr | Compare → |
| Nippon India Taiwan Equity fund | 7.2 | +45.47% | 2.39% | -77.2% | Rs 806 cr | Compare → |
| DSP Healthcare Fund | 8.0 | +20.31% | 2.04% | 53.2% | Rs 3,946 cr | Compare → |
Frequently Asked Questions about Summit Equity Long Short Fund
What is the expense ratio of Summit Equity Long Short Fund?
The expense ratio for Summit Equity Long Short Fund is currently not reported.
Who manages Summit Equity Long Short Fund?
Manager tenure details are not reported.
What are the historical returns of Summit Equity Long Short Fund?
Summit Equity Long Short Fund has a 1-year return of -.
How large is Summit Equity Long Short Fund?
Summit Equity Long Short Fund manages assets of Rs 218 cr, placing it in the 'small' size band relative to Sectoral / Thematic peers.
How is Summit Equity Long Short Fund scored on MFIQ?
Summit Equity Long Short Fund has insufficient history to receive a composite MFIQ score.
How risky is Summit Equity Long Short Fund?
Summit Equity Long Short Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is - with a maximum historical drawdown of -7.61%.