The iSIF Hybrid Long–Short Fund blends equity and debt with limited short exposure using derivatives and special situations. It aims for smoother, risk-adjusted returns across cycles by adjusting net exposure based on valuations and market conditions. Derivatives are used for both hedging and income generation, while limited liquidity makes it suitable for investors seeking lower volatility and longer horizons.

Retail investors have stayed committed to Indian markets through multiple crises, but their confidence must be continually reinforced as savings grow. Taxation, especially STT, CTT, and capital gains, adds friction and makes India less competitive globally. Predictable, rational tax policy and long-term support for mutual funds are crucial to sustain domestic capital formation. Higher capex, especially in defence and infrastructure, is essential for long-term growth.

As the Nifty slips below its 200-day moving average amid sustained FII outflows and a weakening rupee, market sentiment has turned sharply cautious ahead of the Budget. Rupak De, Senior Technical Analyst at LKP Securities, shares his January expiry strategy, key levels to track, and stock ideas in a volatile pre-Budget environment.

Indian stock markets will be closed on Monday, January 26, for Republic Day, affecting trading across NSE, BSE and MCX. The closure marks the second market holiday of 2026. Trading will resume on Tuesday, January 27. For the rest of the year, exchanges will remain shut for 14 sessions, including Holi, Ram Navami, Diwali, Christmas and other national and regional observances.