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Hybrid Long-Short

iSIF Hybrid Long-Short Fund

INF109K30026·Launched 26 May 2026
Returns — source: AMFI NAV history
1M
+4.1%
vs cat avg +2.1%
3M
+2.8%
vs cat avg +3.5%
6M
+2.8%
vs cat avg +3.6%
1Y
+2.8%
SI
+2.8%
Since inception
Category context

Performance vs. category

1M Return
+4.08%
Cat avg: +2.1%
Sharpe Ratio
1.49
Cat avg: 0.5
Max Drawdown
-2.21%
Cat avg: -3.0%
Volatility
11.31%
NAV Performance
₹9.7695₹9.9257₹10.0819₹10.2381₹10.3943May 26Jun 1Jun 4Jun 9Jun 12Jun 17Jun 22Jun 25Jul 1Jul 6Jul 9
Latest NAV
10.2573
+0.0413 (+0.40%)2026-07-09
AUM₹616 Cr
Min investment₹1,00,00,000
Exit load1% 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 after 12 months.
Expense ratio2.33
Since inception+2.8%
Add to compare
Category comparison — 1M returns
Hybrid Long-Short · 10 funds
iSIF Hybrid Long-Short
+3.96%
Titanium Hybrid Long-S
+2.43%
Apex Hybrid Long-Short
+1.97%
Category average
+2.07%
Key facts
from KIM / ISID
Min. investment₹1,00,00,000
Expense ratio2.33
AUM₹616 Cr
Inception dateMay 2026
Exit load1% 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 after 12 months.
BenchmarkCRISIL Hybrid 50+50 Moderate TR INR
SK
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Get details on this fund or understand if it suits your portfolio

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

This fund is suitable for HNIs seeking long-term capital appreciation with a high-risk appetite, comfortable with significant equity and derivative exposure. Investors should have an investment horizon of 3 years or more and be able to tolerate potential capital loss and market volatility in pursuit of higher returns.

Not suitable for

This fund is not suitable for investors with a low-to-moderate risk appetite, those with a short investment horizon, or individuals who require high liquidity from their investments. Investors unwilling to endure potential capital erosion due to market fluctuations should avoid this fund.

Market Scenario Performance

How this fund may behave across cycles

In Bull Markets

In bull markets, the fund's long positions in Ex-Top 100 companies are expected to capture significant upside, contributing positively to returns. The limited short exposure through derivatives may moderate overall gains compared to a purely long-only fund, but aims to provide more risk-adjusted returns by potentially offering a smoother trajectory.

In Bear Markets

In bear markets, the fund's strategic short positions in overvalued Ex-Top 100 stocks and its overall derivative strategy are designed to provide a cushion against downside risk. While long positions will naturally be impacted by falling markets, the short book aims to mitigate losses, potentially resulting in lower drawdowns compared to traditional long-only equity funds.

In Sideways Markets

In sideways or range-bound markets, the fund's active strategy of taking long positions in attractive mid and small-cap stocks and short positions in overvalued ones can generate returns even without strong directional market moves. The judicious use of derivatives allows the fund managers to capitalize on market inefficiencies and deliver risk-adjusted returns during such periods.

Where Does This Fund Fit?

Understanding the fund's role in your portfolio

How this fund works

This fund primarily allocates 65-100% of its assets to equity and equity-related securities of Ex-Top 100 companies, focusing on mid and small-cap opportunities. It also employs derivatives for limited short exposure, up to 25% of net assets, against overvalued stocks to mitigate risk. The remaining allocation of 0-35% is held in other equity, debt, and money market instruments, which serve as collateral and provide liquidity. This dual strategy of long equity exposure combined with strategic short positions aims to achieve capital appreciation with lower volatility.

Closest mutual fund equivalent

This fund is most comparable to a Long-Short Equity Mutual Fund, or a diversified equity fund that actively employs derivative strategies to manage risk and enhance returns, offering a more dynamic approach than traditional long-only equity funds.

Where it fits in your portfolio

This fund is best suited as a satellite allocation within a well-diversified portfolio, rather than a core holding replacement. It is appropriate for investors seeking equity market participation with an emphasis on lower volatility and enhanced risk-adjusted returns through its sophisticated hedging and derivative strategies, thereby adding an alternative sleeve to their overall investment allocation.

Taxation

How returns from this fund are taxed

Short-Term Capital Gain (< 24 months)

Taxed at applicable slab rate.

Long-Term Capital Gain (> 24 months)

Taxed at 12.5% without indexation.

Dividend / IDCW

Taxed at applicable slab rate as ordinary income.

Based on fund category (Hybrid). Consult a tax advisor for your specific situation.

NAV from AMFIReturns calculated from NAV historyScheme details pending ISID/AMC verification
Scheme information
Scheme codeSIF-36
CategoryHybrid
StrategyHybrid Long-Short
PlanDirect
OptionGrowth
Launch dateMay 2026
BenchmarkCRISIL Hybrid 50+50 Moderate TR INR