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Prism Hybrid Long-Short Fund

Launched 23 Jul 2026·Benchmark NIFTY 50 Hybrid Composite Debt 50:50 Index (TRI)
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Fund Risk BandLow
Benchmark Risk BandLow to Moderate
For reference only — not a SEBI-mandated fund disclosure.
Latest NAV
₹10.2145
+₹0.0105 (+0.10%) · 2026-09-07
AUM
Since Inception
+2.0%
Absolute, not annualised
Min. Investment
₹10,00,000
Expense Ratio
3.1400%
Latest NAV
10.2145
+0.0105 (+0.10%)2026-09-07
Returns · Source: AMFI NAV history

Trailing returns

Fund return vs. Hybrid Long-Short category average.

1M
+1.00%
Cat avg +1.23%
3M
Cat avg +6.06%
6M
Cat avg +8.16%
1Y
Not available
SI
+1.99%
Since inception
NAV Performance
₹10.0115₹10.0622₹10.1130₹10.1638₹10.2145Jul 23Jul 28Jul 31Aug 5Aug 10Aug 13Aug 18Aug 21Aug 26Aug 31Sep 7
Category comparison — 1M returns
Hybrid Long-Short · 11 funds
This fund
+1.00%
qsif Hybrid Long-Short
+10.18%
INFINITY HYBRID LONG-S
+1.50%
RedHex Hybrid Long-Sho
+0.90%
Category average
+1.23%
Key facts
from KIM / ISID
Min. investment₹10,00,000
Expense ratio3.1400%
AUM
Inception date17 Jul 2026
BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index (TRI)
Exit loadNil
Maximum TER3.1400%

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

As per NFO product presentation, this fund is designed for investors seeking long-term capital appreciation along with income generation through a diversified mix of equity, debt, money-market instruments, and derivative-based strategies. It suits endowments and pensioners with regular cash-flow needs and low risk tolerance, HNIs and family offices looking to diversify beyond conventional debt and equity, and investors with equity- and debt-heavy portfolios wanting reduced volatility. It is positioned as a core portfolio allocation — not a niche or satellite product — for investors who are wary of market downturns but still want better-than-liquid returns.

Market Scenario Performance

How this fund may behave across cycles

In Bull Markets

In rising markets, the fund captures a share of equity upside through its 35-75% equity allocation, while its collar strategy (covered calls paired with protective puts) trades away some of the extreme upside for downside protection and steady option-premium income. Additional gains can come from opportunistic sleeves such as IPO listings and special-situation trades. The fund is expected to participate in bull markets, typically with more moderate, steadier gains than a pure long-only equity fund.

In Bear Markets

The fund is built to cushion downturns. Its derivatives are used primarily for hedging, its collar strategy uses protective puts to limit losses, and its merger-arbitrage and arbitrage sleeves generate returns independent of market direction.

In Sideways Markets

In range-bound or directionless markets, the fund leans on its non-directional and income-generating sleeves — arbitrage, REITs, InvITs, and fixed income — to keep generating steady returns even when equities aren't trending. This multi-strategy flexibility is designed to deliver a more consistent investing experience through sideways and choppy market phases.

Where Does This Fund Fit?

Understanding the fund's role in your portfolio

Where it fits in your portfolio

The fund is designed to sit at the core of a portfolio, not as a satellite holding, offering a diversified mix of return drivers — option-premium income, merger-arbitrage spreads, cash-futures arbitrage, real estate and infrastructure trust yields, and accrual-based fixed income — rather than depending on a single strategy or market direction. This combination is intended to lower correlation to broad equity markets, improve the overall risk-return profile of a portfolio, and give investors access to sophisticated multi-strategy investing without the higher entry barriers typical of PMS or AIF structures. (Source - Product Presentation)

Taxation

How returns from this fund are taxed

The fund is taxed as a hybrid investment strategy. Short-term gains (units held 12 months or less) are taxed at the investor's applicable income-tax slab rate, while long-term gains (units held more than 12 months) are taxed at 12.5% without indexation benefit, since units are listed on the stock exchange.

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.
4.25
Volatility (SI)
Annualised standard deviation of daily returns.
2.13%
Max Drawdown (SI)
Peak-to-trough decline in NAV since inception.
-0.23%
Max Drawdown (3M)
Peak-to-trough in last 3 months.
Insufficient history
SEBI Riskometer
Risk Band
RISK-LEVEL 1
Prism Hybrid Long-Short Fund
Lower RiskHigher Risk
1
2
3
4
5
Low
Risk Band
RISK-LEVEL 2
NIFTY 50 Hybrid Composite Debt 50:50 Index (TRI)
Lower RiskHigher Risk
1
2
3
4
5
Low to Moderate
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

No documents published yet

Official filings — Scheme Information Document, Investment Strategy Information Document and portfolio disclosures — will appear here once uploaded and verified.

NAV from AMFIReturns calculated from NAV historyScheme details pending ISID/AMC verification
Scheme information
CategoryHybrid
StrategyHybrid Long-Short
OptionGrowth
Launch date23 Jul 2026
BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index (TRI)