Aditya Birla Sun Life AMC launches two new SIF schemes

A company called Aditya Birla Sun Life AMC has started two new investment plans.

These plans are like special piggy banks where people can put money to buy parts of companies, called stocks.

The first plan, Apex Equity Long-Short Fund, buys stocks from companies all across the market.

The second plan, Apex Equity Ex-Top 100 Long-Short Fund, buys stocks from companies that are not among the top 100 biggest companies.

Both plans can also bet that some stocks will go down in value, using special tools called derivatives.

This mix of betting up and down is called a long-short strategy.

The plans compare their performance to a famous list of companies called the NIFTY 500.

They are meant for people who want their money to grow over a long time.

People can put money into these plans from August 10 to August 24, 2026.