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<SchemeSummaryDocument xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><SchemeSummary><Fund_Name>WSIF Equity Ex-Top 100 Long-Short Fund</Fund_Name><Option_Names_Regular__Direct>Plans:Regular and Direct. Each Plan offers the following sub-options:
a)Growth Option.
b)Income Distribution cum Capital Withdrawal (IDCW) Option. This Option offers following Sub-Options / facilities:
• Payout of Income Distribution cum Capital Withdrawal (IDCW) Option / facility and
• Re-investment of Income Distribution cum Capital Withdrawal (IDCW) Option / facility.</Option_Names_Regular__Direct><Fund_Type>An open ended investment strategy investing in equity and equity related instruments including limited short exposure in equity through derivative instruments, of stocks other than large cap stocks</Fund_Type><Riskometer_At_the_time_of_Launch>Risk band Level 5</Riskometer_At_the_time_of_Launch><Riskometer_as_on_Date>Risk band Level 5</Riskometer_as_on_Date><Category_as_Per_SEBI_Categorization_Circular>Equity Ex-Top 100 Long-Short Fund</Category_as_Per_SEBI_Categorization_Circular><Potential_Risk_Class_as_on_date>Not applicable</Potential_Risk_Class_as_on_date><Description_Objective_of_the_scheme>To generate long-term capital appreciation by investing primarily in equity and equity-related instruments of stocks outside the top 100 by market capitalization, while utilizing limited short exposure through derivative. There is no assurance that the investment objective of the Investment strategy will be achieved.</Description_Objective_of_the_scheme><Stated_Asset_Allocation>equity and equity related instruments of companies excluding the top 100 companies by market capitalization ( including unhedged short exposure)- 65% - 100%    
equity and equity related instruments of companies - top 100 companies by market capitalization  - 0 - 35%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Debt and money market instruments: 0 - 35%
Units issued by  InvITs: 0 - 20%. Unhedged short exposure through unhedged derivative posiitons in equity and euqity realted securities - 25%</Stated_Asset_Allocation><Face_Value>Rs. 10.</Face_Value><NFO_Open_Date>April 15, 2026</NFO_Open_Date><NFO_Close_date>April 29, 2026</NFO_Close_date><Allotment_Date>May 6 , 2026</Allotment_Date><Reopen_Date>May 11, 2026</Reopen_Date><Maturity_Date_For_closedend_funds>Not applicable</Maturity_Date_For_closedend_funds><Benchmark_Tier_1>NIFTY 500 Total Return Index (TRI)</Benchmark_Tier_1><Benchmark_Tier_2>Not applicable</Benchmark_Tier_2><Fund_Manager_Name>Chinmay Sathe</Fund_Manager_Name><Fund_Manager_Type_PrimaryComanageDescription>Primary (Equity portion)</Fund_Manager_Type_PrimaryComanageDescription><Fund_Manager_From_Date>Managing Since Inception</Fund_Manager_From_Date><Annual_Expense_Stated_maximum>Regular 5.18, Direct 3.16</Annual_Expense_Stated_maximum><Exit_Load_if_applicable>NIL</Exit_Load_if_applicable><Custodian>HDFC Bank Limited</Custodian><Auditor>S.R. Batliboi &amp;amp; Co. LLP – Chartered Accountants</Auditor><Registrar>KFin Technologies Ltd (Kfin)</Registrar><RTA_Code_To_be_phased_out>NA</RTA_Code_To_be_phased_out><Listing_Details>Not applicable</Listing_Details><ISINs>WSIF EQUITY EX-TOP 100 LONG-SHORT FUND-REGULAR-GROWTH-INF2F0030015
WSIF EQUITY EX-TOP 100 LONG-SHORT FUND-REGULAR-IDCW-PAYOUT-INF2F0030023
WSIF EQUITY EX-TOP 100 LONG-SHORT FUND-REGULAR-IDCW-REINVESTMENT-INF2F0030031
WSIF EQUITY EX-TOP 100 LONG-SHORT FUND-DIRECT-GROWTH-INF2F0030049
WSIF EQUITY EX-TOP 100 LONG-SHORT FUND-DIRECT-IDCW-PAYOUT-INF2F0030056
WSIF EQUITY EX-TOP 100 LONG-SHORT FUND-DIRECT-IDCW-REINVESTMENT-INF2F0030064</ISINs><AMFI_Codes_To_be_phased_out>SIF-107 , SIF-104, SIF-105, SIF-106</AMFI_Codes_To_be_phased_out><SEBI_Codes>WSIF/O/E/EELS/26/01/0002/TWCF</SEBI_Codes><Minimum_Application_Amount>10,00,000/-</Minimum_Application_Amount><Minimum_Application_Amount_in_multiples_of_Rs>Rs 100/-</Minimum_Application_Amount_in_multiples_of_Rs><Minimum_Additional_Amount>Rs 10000/-</Minimum_Additional_Amount><Minimum_Additional_Amount_in_multiples_of_Rs>100</Minimum_Additional_Amount_in_multiples_of_Rs><Minimum_Redemption_Amount_in_Rs>Rs 1000/-</Minimum_Redemption_Amount_in_Rs><Minimum_Redemption_Amount_in_Units>100</Minimum_Redemption_Amount_in_Units><Minimum_Balance_Amount_if_applicable>1000000</Minimum_Balance_Amount_if_applicable><Minimum_Balance_in_Units_if_applicable>100000</Minimum_Balance_in_Units_if_applicable><Max_Investment_Amount>Not Applicable</Max_Investment_Amount><Minimum_Switch_Amount_if_applicable>Switch - in: Rs.1000000 and in multiples of Rs. 100 thereafter. 
Switch-out :Rs.1000 and in multiples of Rs 1 thereafter</Minimum_Switch_Amount_if_applicable><Switch_Multiple_Units_if_applicable>Not applicable</Switch_Multiple_Units_if_applicable><Switch_Multiple_Amount_if_applicable>Rs.1</Switch_Multiple_Amount_if_applicable><Switch_Multiple_Units_if_applicable>Not applicable</Switch_Multiple_Units_if_applicable><Max_Switch_Amount>Not applicable</Max_Switch_Amount><Max_Switch_Units_if_applicable>Not applicable</Max_Switch_Units_if_applicable><Swing_Pricing_if_applicable>Not applicable</Swing_Pricing_if_applicable><Sidepocketing_if_applicable>Not Applicable</Sidepocketing_if_applicable><SIP_SWP__STP_Details_Frequency>SIP
For SIP -Daily, Weekly,Fortnightly,Monthly,Quarterly
SWP
monthly, Quarterly
STP
Daily, Weekly, Fortnightly,Monthly, Quarterly</SIP_SWP__STP_Details_Frequency><IP_SWP__STP_Details_Maximum_Amount_if_any>SIP                                                                                                                                                                                                                                                                                                                                                                                                                                                           
Daily  SIP : Rs 1000/- ( and in multiples of Rs  100)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         Weekly SIP: Rs. 1000/- (and in multiples of Rs. 100/-) 
Fortnightly SIP: Rs. 1000/- (and in multiples of Rs. 100/-) 
Monthly SIP: Rs. 1000/- (and in multiples of Rs. 100/-) 
Quarterly SIP: Rs. 1000/- (and in multiples of Rs. 100/-)
STP
Daily - Rs. 1000 and in multiples of Re. 100/- thereafter
Weekly- Rs. 1000 and in multiples of Re. 100/- thereafter
Fortnightly  - Rs 1000 and in multiples of Re 100/- thereafter                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Monthly- Rs. 1000 and in multiples of Re. 100/- thereafter
Quarterly- Rs. 1000 and in multiples of Re. 100/- thereafter
SWP            
monthly- Rs. 1000 and in multiples of Re. 100/- thereafter
Quarterly- Rs. 1000 and in multiples of Re. 100/- thereafter.</IP_SWP__STP_Details_Maximum_Amount_if_any><SIP_SWP__STP_Details_In_multiple_of>SIP                                                                                                                                                                                                                                                                                                                                                                                                                                                            
Daily SIP:in multiples of Rs 100/-                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Weekly SIP: in multiples of Rs. 100/- 
Fortnightly SIP:  in multiples of Rs. 100/- 
Monthly SIP:  in multiples of Rs. 100/- 
Quarterly SIP:  in multiples of Rs. 100/- 
STP
Daily -  in multiples of Re. 100/- thereafter
Weekly-  in multiples of Re. 100/- thereafter
Fortnightly- in multiples of Re100/-                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Monthly-  in multiples of Re. 100/- thereafter
Quarterly-  in multiples of Re. 100/- thereafter
SWP            
monthly- in multiples of Re. 100/- thereafter
Quarterly-   in multiples of Re. 100/- thereafter.</SIP_SWP__STP_Details_In_multiple_of><SIP_SWP_STP_Minimum_Instalments>SIP                                                                                                                                                                                                                                                                                                                                                                                                                                                           
 Daily  SIP : Minimum installments : 6                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Weekly SIP: Minimum installments: 6
Fortnightly SIP: Minimum installments: 6
Monthly SIP: Minimum installments: 6
Quarterly SIP: Minimum installments: 6
STP
Daily -  Minimum installments: 6
Weekly-  Minimum installments: 6
Fortnightly   - Minimum installments:6                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Monthly-  Minimum installments: 6
Quarterly-  Minimum installments: 6
SWP            
Monthly-  Minimum installments: 6
Quarterly-   Minimum installments: 6</SIP_SWP_STP_Minimum_Instalments><SIP_SWP_STP_Dates>Any Business day</SIP_SWP_STP_Dates><SIP_SWP__STP_Details_Maximum_Amount_if_any>Not Applicable</SIP_SWP__STP_Details_Maximum_Amount_if_any></SchemeSummary></SchemeSummaryDocument>