Loading SIFPrime workspace
Preparing the latest fund data and research view.
Bridge the gap between Mutual Funds and PMS. Compare, track and invest in SEBI-regulated SIFs with just Rs 10 Lakhs minimum investment.
Rs 10L
Min Investment
34
Strategies Tracked
1
NFOs Open
SEBI
Regulated
Subscribe to our weekly newsletter - NFO launches, portfolio insights, and SIF performance in one concise email.
Rankings, category breadth, an eleven-month return heatmap, portfolio matrix, launch watchlist, and transparent AMFI methodology.
Match strategy to objective
Different SIF strategies serve different investment objectives. The questions below can help narrow down which approach may deserve a closer look.
Seeking income with controlled equity participation?
Explore Hybrid Long-Short strategies
Looking for opportunities beyond India’s 100 largest companies?
Explore Equity Ex-Top 100 Long-Short strategies
Want core equity exposure with tools to reduce some market volatility?
Explore Equity Long-Short strategies
Need one strategy that can shift between shares, debt, cash and commodities?
Explore Active Asset Allocator strategies
Have a strong view on which industries may lead the market?
Explore Sector Rotation Long-Short strategies
A SIF is not automatically suitable because the minimum investment is affordable. Strategy risk, liquidity, costs and portfolio fit still matter.
Personal guidance
Discuss your goals, existing portfolio, risk comfort and investment horizon before choosing a SIF category or fund.
SIF and mutual-fund categories
These categories may solve related portfolio needs, but they are not direct substitutes. SIFs have different mandates, derivative flexibility, risks, costs and minimum-investment rules.
| SIF strategy | Closest MF reference categories | Important difference |
|---|---|---|
| Hybrid Long-Short SIF | Balanced Advantage, Aggressive Hybrid or Arbitrage MF | SIF can combine debt, equity and a more flexible short/derivative book. |
| Equity Ex-Top 100 Long-Short SIF | Mid Cap, Small Cap or Flexi Cap MF | Both can invest beyond large caps; the SIF can also use limited short exposure. |
| Equity Long-Short SIF | Flexi Cap, Large & Mid Cap or focused equity MF | The mutual fund is mainly long-only; the SIF can reshape exposure with shorts and options. |
| Active Asset Allocator SIF | Multi Asset Allocation or Balanced Advantage MF | The SIF may allocate across more instruments and use long-short overlays. |
| Sector Rotation Long-Short SIF | Sectoral or Thematic MF | Both make sector calls, but the SIF can rotate and use limited short exposure. |
Edelweiss Mutual Fund
A diversified, long-biased equity SIF benchmarked to Nifty 100 TRI, with 80-100% equity and up to 25% unhedged short exposure through listed derivatives.
September 10 to September 24, 2026
Review every month's fund-by-fund returns, NAV journey charts, heatmaps, and performance rankings.
30
Live funds
5
Categories
+15.38%
Best calendar-month return
qSIF Ex-Top 100 · Apr 2026
New risk-adjusted rankings
Compare annualized volatility and Sharpe ratio across India's complete 33-strategy SIF universe using available Direct Growth daily NAV history.
Explore risk-adjusted rankingsHighest Sharpe
5.00
qSIF AAA
Lowest volatility
1.17%
Arudha Hybrid
Data-qualified
30 / 33
20+ daily returns
Funds
Browse SEBI-regulated Specialized Investment Funds, inspect fund details, and open a complete fund page when you need deeper research.
34
SEBI Registered SIFs
30 live
17
Tracked AMCs
Across India
Rs 10L
Minimum Ticket
PAN-level SIF minimum
1
NFOs Open
Fresh opportunities
Compare like with like
Funds are grouped by mandate so short-term returns are easier to interpret fairly.
Return lens
Which period matters to you?
Results rank highest first for the selected period. YTD uses the previous year-end NAV, or launch NAV for funds launched this year.
| Compare | Fund / AMC | Strategy | NAV (Direct) | Risk profile | ||||
|---|---|---|---|---|---|---|---|---|
| Hybrid Long Short11 funds | ||||||||
| Compare | Fund / AMC | Strategy | NAV (Direct) | Risk profile | ||||
 Quant Mutual Fund | Quant-driven multi-factor hybrid with short overlay | Rs 13.0848 21 Sept 2026 | +18.09% | +24.09% | +30.61% | +30.60% | Moderate | |
Edelweiss Mutual Fund | Arbitrage + directional equity + fixed income | Rs 11.1448 21 Sept 2026 | +0.08% | +3.21% | +8.27% | +11.33% | Moderate | |
 Aditya Birla Sun Life Mutual Fund | ESF+ multi-strategy: arbitrage, directional, special situations | Rs 10.7763 21 Sept 2026 | +0.72% | +4.75% | +7.55% | +7.55% | Moderate | |
 ICICI Prudential | Balanced allocation with dynamic hedging framework | Rs 10.5846 21 Sept 2026 | -1.59% | +3.51% | +5.66% | +5.66% | Aggressive | |
 Bandhan Mutual Fund | Balanced hybrid with pair-trade hedging | Rs 10.415 21 Sept 2026 | +0.31% | +1.39% | +3.80% | +3.80% | Conservative | |
 Kotak Mahindra Mutual Fund | Interval hybrid: 35-75% equity vs 25-65% debt and money market with <=25% unhedged short via derivatives; NSE + BSE listing proposed | Rs 10.384 21 Sept 2026 | +0.51% | — | +3.21% | +3.21% | Conservative | |
 SBI Mutual Fund | Multi-asset hybrid with tactical equity hedging | Rs 10.5275 21 Sept 2026 | -1.08% | +0.79% | +2.99% | +4.90% | Moderate | |
HS HSBC Mutual Fund | Interval hybrid with 25-75% equity, 25-75% debt and <=25% unhedged short via derivatives | Rs 10.2449 21 Sept 2026 | +0.49% | — | +2.23% | +2.23% | Conservative | |
JB Jio BlackRock Mutual Fund | Interval hybrid: 35-75% equity, 25-65% debt, <=25% unhedged short via equity/debt derivatives, BlackRock signal research + Aladdin | Rs 10.234 21 Sept 2026 | +0.73% | — | +2.19% | +2.19% | Conservative | |
 Mirae Asset Mutual Fund | Income-oriented: arbitrage, covered calls + debt with limited unhedged equity & short via derivatives | Rs 10.174 21 Sept 2026 | -0.48% | +0.64% | +1.73% | +1.73% | Conservative | |
 Tata Mutual Fund | Conservative hybrid with systematic derivatives hedging | Rs 10.2056 21 Sept 2026 | -0.56% | +0.06% | +1.38% | +2.03% | Aggressive | |
| Equity Long Short12 funds | ||||||||
| Compare | Fund / AMC | Strategy | NAV (Direct) | Risk profile | ||||
Quant Mutual Fund | Quant long-short with momentum + mean-reversion | Rs 11.133 21 Sept 2026 | +0.27% | +4.89% | +10.67% | +11.27% | Aggressive | |
ICICI Prudential Mutual Fund | Listed Nifty 500 equity with limited short exposure via derivatives | Rs 10.80 21 Sept 2026 | -1.01% | +5.37% | +8.00% | +8.00% | Aggressive | |
Bandhan Mutual Fund | Long-biased (80–100% equity) with ≤25% unhedged short | Rs 10.405 21 Sept 2026 | -2.11% | +0.77% | +5.89% | +5.89% | Moderate | |
IN Invesco Mutual Fund | Bottom-up equity long-short: 80-100% listed equity with <=25% tactical unhedged short via derivatives | Rs 10.51 21 Sept 2026 | -0.47% | — | +5.31% | +5.31% | Aggressive | |
 360 ONE Asset | Dynamic equity allocation with tactical short positions | Rs 10.5263 21 Sept 2026 | -3.00% | -0.53% | +5.19% | +5.19% | Aggressive | |
 The Wealth Company MF | Long-biased equity strategy across market caps with derivatives overlay | Rs 10.4634 21 Sept 2026 | -2.58% | +0.09% | +4.62% | +4.62% | Aggressive | |
Tata Mutual Fund | Long-biased equity (80–100%) with ≤25% unhedged short via derivatives | Rs 10.4822 18 Sept 2026 | -1.41% | +1.96% | +4.42% | +4.42% | Aggressive | |
Aditya Birla Sun Life Mutual Fund | Open-ended listed-equity strategy with limited derivative short exposure | Rs 9.97 21 Sept 2026 | — | — | -0.40% | -0.40% | Aggressive | |
 Franklin Templeton | Multi-factor quant + macro-driven allocation | Rs 994.1567 21 Sept 2026 | -2.34% | -2.19% | -0.58% | -0.58% | Aggressive | |
 Union Mutual Fund | Active multi-cap long/short on F&O universe with ≤25% unhedged short | Rs 9.8056 21 Sept 2026 | -2.68% | -3.37% | -1.86% | -1.86% | Aggressive | |
 ITI Mutual Fund | Fundamental equity selection with systematic hedging | Rs 913.327 21 Sept 2026 | -3.64% | -3.35% | -8.99% | -8.75% | Aggressive | |
Edelweiss Mutual Fund | Diversified 80-100% equity portfolio with quantitative and fundamental selection and up to 25% unhedged short exposure | -- | — | — | — | — | NFO | |
| Ex-Top 100 Long Short7 funds | ||||||||
| Compare | Fund / AMC | Strategy | NAV (Direct) | Risk profile | ||||
Quant Mutual Fund | Quant ex-top-100 long-short with derivative hedging | Rs 11.5113 21 Sept 2026 | +0.56% | +9.05% | +16.71% | +14.99% | Aggressive | |
360 ONE Asset | Mid/small-cap alpha (65-100% ex-top 100) with <=25% unhedged short via derivatives | Rs 11.3604 21 Sept 2026 | +0.78% | — | +13.82% | +13.82% | Aggressive | |
Edelweiss Mutual Fund | Mid + small cap long-short with up to 25% unhedged short via derivatives | Rs 11.0187 21 Sept 2026 | -2.81% | +4.50% | +10.53% | +10.53% | Aggressive | |
The Wealth Company MF | Mid/small-cap alpha (65–100% ex-top 100) with ≤25% unhedged short via derivatives | Rs 10.7416 21 Sept 2026 | -1.23% | +1.91% | +7.46% | +7.46% | Aggressive | |
ICICI Prudential | Mid/small-cap alpha with systematic short overlay | Rs 10.42 21 Sept 2026 | -0.76% | +2.36% | +4.30% | +4.30% | Aggressive | |
Aditya Birla Sun Life Mutual Fund | Open-ended Ex-Top 100 equity strategy with limited derivative short exposure | Rs 10.04 21 Sept 2026 | — | — | +0.30% | +0.30% | Aggressive | |
SBI Mutual Fund | Open-ended equity strategy investing primarily outside the top 100 by market capitalisation, with limited derivative short exposure | Rs 9.8967 21 Sept 2026 | — | — | -0.69% | -0.69% | Aggressive | |
| Active Asset Allocator3 funds | ||||||||
| Compare | Fund / AMC | Strategy | NAV (Direct) | Risk profile | ||||
Quant Mutual Fund | Quant-driven tactical allocation with long-short overlay | Rs 13.2011 21 Sept 2026 | +14.53% | +25.97% | +31.87% | +31.87% | Moderate | |
360 ONE Asset | Dynamic asset allocation across equity, debt, commodities | Rs 10.5741 21 Sept 2026 | -0.18% | +2.32% | +5.52% | +5.52% | Conservative | |
ICICI Prudential Mutual Fund | Dynamic multi-asset across equity, debt, gold, silver, InvITs | Rs 10.4292 21 Sept 2026 | -0.39% | +3.40% | +4.32% | +4.32% | Moderate | |
| Sector Rotation1 funds | ||||||||
| Compare | Fund / AMC | Strategy | NAV (Direct) | Risk profile | ||||
Quant Mutual Fund | Concentrated in 4 of 12 sectors with derivatives short overlay | Rs 10.4213 21 Sept 2026 | +2.45% | +3.00% | +4.11% | +4.11% | Aggressive | |
Quant-driven multi-factor hybrid with short overlay
NAV (Direct)
Rs 13.0848
1M
+18.09%
3M
+24.09%
YTD
+30.61%
ITD
+30.60%
Arbitrage + directional equity + fixed income
NAV (Direct)
Rs 11.1448
1M
+0.08%
3M
+3.21%
YTD
+8.27%
ITD
+11.33%
ESF+ multi-strategy: arbitrage, directional, special situations
NAV (Direct)
Rs 10.7763
1M
+0.72%
3M
+4.75%
YTD
+7.55%
ITD
+7.55%
Balanced allocation with dynamic hedging framework
NAV (Direct)
Rs 10.5846
1M
-1.59%
3M
+3.51%
YTD
+5.66%
ITD
+5.66%
Balanced hybrid with pair-trade hedging
NAV (Direct)
Rs 10.415
1M
+0.31%
3M
+1.39%
YTD
+3.80%
ITD
+3.80%
Interval hybrid: 35-75% equity vs 25-65% debt and money market with <=25% unhedged short via derivatives; NSE + BSE listing proposed
NAV (Direct)
Rs 10.384
1M
+0.51%
3M
—
YTD
+3.21%
ITD
+3.21%
Multi-asset hybrid with tactical equity hedging
NAV (Direct)
Rs 10.5275
1M
-1.08%
3M
+0.79%
YTD
+2.99%
ITD
+4.90%
Interval hybrid with 25-75% equity, 25-75% debt and <=25% unhedged short via derivatives
NAV (Direct)
Rs 10.2449
1M
+0.49%
3M
—
YTD
+2.23%
ITD
+2.23%
Interval hybrid: 35-75% equity, 25-65% debt, <=25% unhedged short via equity/debt derivatives, BlackRock signal research + Aladdin
NAV (Direct)
Rs 10.234
1M
+0.73%
3M
—
YTD
+2.19%
ITD
+2.19%
Income-oriented: arbitrage, covered calls + debt with limited unhedged equity & short via derivatives
NAV (Direct)
Rs 10.174
1M
-0.48%
3M
+0.64%
YTD
+1.73%
ITD
+1.73%
Conservative hybrid with systematic derivatives hedging
NAV (Direct)
Rs 10.2056
1M
-0.56%
3M
+0.06%
YTD
+1.38%
ITD
+2.03%
Quant long-short with momentum + mean-reversion
NAV (Direct)
Rs 11.133
1M
+0.27%
3M
+4.89%
YTD
+10.67%
ITD
+11.27%
Listed Nifty 500 equity with limited short exposure via derivatives
NAV (Direct)
Rs 10.80
1M
-1.01%
3M
+5.37%
YTD
+8.00%
ITD
+8.00%
Long-biased (80–100% equity) with ≤25% unhedged short
NAV (Direct)
Rs 10.405
1M
-2.11%
3M
+0.77%
YTD
+5.89%
ITD
+5.89%
Bottom-up equity long-short: 80-100% listed equity with <=25% tactical unhedged short via derivatives
NAV (Direct)
Rs 10.51
1M
-0.47%
3M
—
YTD
+5.31%
ITD
+5.31%
Dynamic equity allocation with tactical short positions
NAV (Direct)
Rs 10.5263
1M
-3.00%
3M
-0.53%
YTD
+5.19%
ITD
+5.19%
Long-biased equity strategy across market caps with derivatives overlay
NAV (Direct)
Rs 10.4634
1M
-2.58%
3M
+0.09%
YTD
+4.62%
ITD
+4.62%
Long-biased equity (80–100%) with ≤25% unhedged short via derivatives
NAV (Direct)
Rs 10.4822
1M
-1.41%
3M
+1.96%
YTD
+4.42%
ITD
+4.42%
Open-ended listed-equity strategy with limited derivative short exposure
NAV (Direct)
Rs 9.97
1M
—
3M
—
YTD
-0.40%
ITD
-0.40%
Multi-factor quant + macro-driven allocation
NAV (Direct)
Rs 994.1567
1M
-2.34%
3M
-2.19%
YTD
-0.58%
ITD
-0.58%
Active multi-cap long/short on F&O universe with ≤25% unhedged short
NAV (Direct)
Rs 9.8056
1M
-2.68%
3M
-3.37%
YTD
-1.86%
ITD
-1.86%
Fundamental equity selection with systematic hedging
NAV (Direct)
Rs 913.327
1M
-3.64%
3M
-3.35%
YTD
-8.99%
ITD
-8.75%
Diversified 80-100% equity portfolio with quantitative and fundamental selection and up to 25% unhedged short exposure
NAV (Direct)
--
1M
—
3M
—
YTD
—
ITD
—
Quant ex-top-100 long-short with derivative hedging
NAV (Direct)
Rs 11.5113
1M
+0.56%
3M
+9.05%
YTD
+16.71%
ITD
+14.99%
Mid/small-cap alpha (65-100% ex-top 100) with <=25% unhedged short via derivatives
NAV (Direct)
Rs 11.3604
1M
+0.78%
3M
—
YTD
+13.82%
ITD
+13.82%
Mid + small cap long-short with up to 25% unhedged short via derivatives
NAV (Direct)
Rs 11.0187
1M
-2.81%
3M
+4.50%
YTD
+10.53%
ITD
+10.53%
Mid/small-cap alpha (65–100% ex-top 100) with ≤25% unhedged short via derivatives
NAV (Direct)
Rs 10.7416
1M
-1.23%
3M
+1.91%
YTD
+7.46%
ITD
+7.46%
Mid/small-cap alpha with systematic short overlay
NAV (Direct)
Rs 10.42
1M
-0.76%
3M
+2.36%
YTD
+4.30%
ITD
+4.30%
Open-ended Ex-Top 100 equity strategy with limited derivative short exposure
NAV (Direct)
Rs 10.04
1M
—
3M
—
YTD
+0.30%
ITD
+0.30%
Open-ended equity strategy investing primarily outside the top 100 by market capitalisation, with limited derivative short exposure
NAV (Direct)
Rs 9.8967
1M
—
3M
—
YTD
-0.69%
ITD
-0.69%
Quant-driven tactical allocation with long-short overlay
NAV (Direct)
Rs 13.2011
1M
+14.53%
3M
+25.97%
YTD
+31.87%
ITD
+31.87%
Dynamic asset allocation across equity, debt, commodities
NAV (Direct)
Rs 10.5741
1M
-0.18%
3M
+2.32%
YTD
+5.52%
ITD
+5.52%
Dynamic multi-asset across equity, debt, gold, silver, InvITs
NAV (Direct)
Rs 10.4292
1M
-0.39%
3M
+3.40%
YTD
+4.32%
ITD
+4.32%
Concentrated in 4 of 12 sectors with derivatives short overlay
NAV (Direct)
Rs 10.4213
1M
+2.45%
3M
+3.00%
YTD
+4.11%
ITD
+4.11%
Compare Queue (0)
Keep up to three funds in view before opening the full compare tool.
Team
From Wall Street to family offices to India's newest asset class.
Kiran Dutta is the founder of SIFPrime.com — the Morningstar + BSE execution platform for SIFs, the newest asset class in India.
Prior to SIFPrime, Kiran built one of the largest family office networks and helped families deploy $300 million in the VC / PE asset class. He is an alum of Columbia University and has worked on Wall Street and for President Obama's team in Ethiopia.
“Give investors highly informative and knowledgeable access to this new asset class, and help distributors build a decent SIF AUM.”
— Kiran's goal for SIFPrime
Our research and perspectives on Specialized Investment Funds, featured by leading financial publications.
Swipe to explore all media coverage
Source: Information compiled from official SIF websites including Quant SIF, Edelweiss Altiva, ITI Diviniti, SBI Magnum SIF, and Tata Titanium SIF. Refer to official scheme documents for complete details.