Aditya Birla Sun Life launches two long-short funds as India IPO bids roll in
What's the deal? Aditya Birla Sun Life AMCDealroom has a profile for this one. Try Dealroom → on Monday launched two specialised investment funds (SIFs): the Apex Equity Long Short Fund and the Apex Equity Ex-Top 100 Long Short Fund.
How they differ: The Apex Equity Long Short Fund seeks diversified equity exposure with the flexibility to dynamically adjust net equity exposure to changing market conditions. The Ex-Top 100 version bets that the next generation of market leaders is emerging beyond India's 100 largest companies by market capitalisation.
What they said: Together, they offer "differentiated portfolio construction approaches that seek to adapt across market cycles while remaining focused on long-term capital appreciation," said Harish Krishnan, chief investment officer for equity at the fund house.
Meanwhile in IPOs: Auto components maker Dhoot TransmissionDealroom has a profile for this one. Try Dealroom → saw its mainboard IPO booked 63% on the first day of bidding on 10 August 2026. It drew bids for 15,651,645 shares against 24,956,363 on offer, per NSEDealroom has a profile for this one. Try Dealroom → data.
The breakdown: Non-institutional investors subscribed 1.09 times, the retail quota was booked 74%, and qualified institutional buyers took up 6%.
One more: Supply chain asset pooling firm LEAP India's IPO reached 49% subscription on its second day, drawing bids for 56,211,154 shares against 114,991,735 on offer.
The signal: New fund structures and a steady flow of IPO subscriptions point to active demand in India's equity markets, spread across new investment products and public listings.
Read more: Business Standard
Image credit: Generated with Gemini
