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EquityEquity Ex-Top 100 Long-Short

iSIF Equity Ex-Top 100 Long-Short Fund

Launched 5 Feb 2026·Benchmark Nifty 500 TRI
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Fund Risk BandVery High
Benchmark Risk BandVery High
For reference only — not a SEBI-mandated fund disclosure.
Latest NAV
₹10.4200
+₹0.0000 (+0.00%) · 2026-08-21
AUM
₹1,913 Cr
Since Inception
+4.3%
Absolute, not annualised
Min. Investment
₹10,00,000
Expense Ratio
Latest NAV
10.4200
+0.0000 (+0.00%)2026-08-21
Returns · Source: AMFI NAV history

Trailing returns

Fund return vs. Equity Ex-Top 100 Long-Short category average.

1M
+1.17%
Cat avg +4.35%
3M
+5.04%
Cat avg +9.81%
6M
+4.72%
Cat avg +12.65%
1Y
Not available
SI
+4.30%
Since inception
NAV Performance
₹9.0000₹9.3600₹9.7200₹10.0800₹10.4400Feb 2026Mar 2026Apr 2026May 2026Jun 2026Jul 2026Aug 2026
Category comparison — 1M returns
Equity Ex-Top 100 Long-Short · 4 funds
This fund
+1.17%
DynaSIF Equity Ex-Top
+10.04%
qsif Equity Ex-Top 100
+5.14%
wsif Equity Ex-Top 100
+1.06%
Category average
+4.35%
Key facts
from KIM / ISID
Min. investment₹10,00,000
Expense ratio
AUM₹1,913 Cr
Inception date4 Feb 2026
BenchmarkNifty 500 TRI
Exit load•1% of applicable Net Asset Value - If the amount sought to be redeemed or switched out within 12 months from allotment.
•NIL - If the amount sought to be redeemed or switched out more than 12 months
Maximum TER

SIFcase is a research and comparison platform. Information shown is for educational purposes only and should not be considered investment advice. Investments in securities markets are subject to market risks. Please read all official scheme documents carefully before investing. Past performance is not indicative of future results. SIFs require a minimum investment of ₹10 lakh.

Investor Suitability

Is this fund right for you?

Suitable for

Designed for investors seeking capital appreciation over the long term through equity and equity-related instruments — predominantly companies outside the top 100 by market cap (mid & small cap) — with limited short exposure via derivatives.

Market Scenario Performance

How this fund may behave across cycles

In Bull Markets

In positive market scenarios, allocation to SMID (mid/small-cap) stocks can go up to 100%, with low allocation to top-100 large caps and to the covered-call strategy; arbitrage is used for portfolio balancing and accrual income.

In Bear Markets

In negative market scenarios, SMID allocation reduces to a minimum of 65%, top-100 large-cap allocation increases up to 35%, and a higher allocation is made to the covered-call (hedging) strategy.

In Sideways Markets

Shorting straddles/strangles is used among the fund's long-short strategies, designed to benefit in range-bound markets.

Where Does This Fund Fit?

Understanding the fund's role in your portfolio

Where it fits in your portfolio

Positioned as a solution to volatility for investors wanting SMID exposure: aims to generate returns both when markets rise and fall, using a combination of strategies to diversify the portfolio and lower volatility.

Taxation

How returns from this fund are taxed

Equity taxation applies: short-term capital gains (holding 12 months or less) taxed at 20%; long-term capital gains (holding more than 12 months) taxed at 12.5% on gains above Rs. 1.25 lakh.

As disclosed by the AMC. Consult a tax advisor for your specific situation.

Risk Analytics

Risk-adjusted metrics

Sharpe Ratio (SI)
Risk-adjusted return per unit of volatility.
0.18
Volatility (SI)
Annualised standard deviation of daily returns.
12.53%
Max Drawdown (SI)
Peak-to-trough decline in NAV since inception.
-10.54%
Max Drawdown (3M)
Peak-to-trough in last 3 months.
-2.90%
SEBI Riskometer
Risk Band
RISK-LEVEL 5
iSIF Equity Ex-Top 100 Long-Short Fund
Lower RiskHigher Risk
1
2
3
4
5
Very High
Risk Band
RISK-LEVEL 5
Nifty 500 TRI
Lower RiskHigher Risk
1
2
3
4
5
Very High
Fund Manager

Who manages this fund

Fund manager details pending verification

Name, tenure, qualifications and other schemes managed will appear here once confirmed against the ISID / SID.

Documents

Scheme documents

NAV from AMFIReturns calculated from NAV historyScheme details pending ISID/AMC verification
Scheme information
CategoryEquity
StrategyEquity Ex-Top 100 Long-Short
OptionGrowth
Launch date5 Feb 2026
BenchmarkNifty 500 TRI