Equity Long-Short SIF ReturnsMarch 2026
4 Funds Analyzed • NAV Data up to 30-Mar-2026
Note: Diviniti operates on ₹1,000 face value — NAV levels not comparable to ₹10-based funds but percentage returns are directly comparable.
-2.24%
Best March Return
Diviniti
-8.23%
Worst March Return
qSIF
-4.96%
Category Avg (Mar)
All 3 negative
-10.77%
Worst Since Inception
qSIF
March 2026 — Returns Summary
1M: up to 30-Mar-2026 • 3M: Jan–Mar 2026 • Since Inception: NFO launch to 30-Mar-2026
| Fund | End NAV (30-Mar) | 1M (Mar) | Since Inception |
|---|---|---|---|
qSIF Equity L-S Quant | ₹8.9276 | -8.23% | -10.77% |
Diviniti Equity L-S Edelweiss • ₹1,000 face value | ₹948.4589 | -2.24% | -5.24% |
Dyna Equity L-S 360 ONE • 3M = Since Inception | ₹9.5680 | -4.42% | -4.39% |
Arudha Equity L-S Bandhan • Just launched | ₹9.8260 | N/A | N/A |
Key Insights
Worst: qSIF -8.23%
Deepest monthly drop in the Equity L-S category. Since inception at -10.77% — worst track record among all SIF categories.
All 3 funds in the red
Category average -4.96% for March. No fund managed a positive return.
Best: Diviniti -2.24%
Most defensive of the three — but still negative. Operates on ₹1,000 face value (returns % are comparable).
New entrant: Arudha ELS
Launched 30-Mar-2026. No return data available yet — will appear with data from April.
March 2026 Returns
1-month returns (3 funds with data)
Since Inception Leaderboard
Cumulative returns from NFO to 30-Mar-2026
Individual Fund Scorecards
qSIF
Quant • 08-Oct-25
Incep. NAV
₹10.0054
End NAV
₹8.9276
1M
-8.23%3M
-11.68%Overall
-10.77%Diviniti
Edelweiss • 03-Dec-25
Incep. NAV
₹1000.953
End NAV
₹948.4589
1M
-2.24%3M
-5.61%Overall
-5.24%₹1,000 face value
Dyna
360 ONE • 27-Feb-26
Incep. NAV
₹10.0072
End NAV
₹9.5680
1M
-4.42%3M
-4.39%Overall
-4.39%3M = Since Inception
Arudha
Bandhan • 30-Mar-26
Incep. NAV
₹9.8260
End NAV
₹9.8260
1M
N/A3M
N/AOverall
N/AJust launched
March 2026 Category Context
Pure Equity Exposure Amplified Losses
Equity Long-Short SIFs took a harder hit than Hybrid peers this month. Pure equity exposure in long books amplified losses during the broad market selloff. Category average of -4.96% vs Hybrid average of -2.76%.
qSIF: Deepest Drawdown
qSIF (oldest fund, Oct-25) has accumulated a -10.77% drawdown since inception — one of the most concerning numbers across the entire SIF universe.
Diviniti Most Resilient
Diviniti remains the most resilient at -2.24% in March despite operating on a non-standard ₹1,000 face value. Two new entrants (Dyna, Arudha) join the category with limited data.
Source: AMFI (amfiindia.com) • Direct Plan — Growth Option • NAV as of 30-Mar-2026
Disclaimer: NAV data sourced from AMFI. Diviniti operates on ₹1,000 face value — NAV levels not directly comparable to ₹10-based funds but percentage returns are. Dyna launched 27-Feb-2026 — 3M return equals Since Inception. Arudha ELS launched 30-Mar-2026 — no return data yet. Past performance is not indicative of future returns. Please consult a SEBI-registered Investment Advisor before investing.