Latest NAV
₹9.7180
Mar 31, 2026
1M Return
-4.42%
3M Return
-4.39%
Since Inception
-2.82%
TER
2.20%
Regular plan
Benchmark
BSE 500 TRI
Risk Band 5
NAV Journey Since Inception
Live NAV data · Source: AMFI NAV API · Fund re-opened 27 Feb 2026
Trailing returns
1M
-4.42%
3M
-4.39%
6M
—
Since Inception
-2.82%
FYTD
-2.82%
Benchmark (SI)
—
Fund re-opened 27 Feb 2026. Short track record — use trailing returns with caution. Benchmark: BSE 500 TRI.
🛡️ ALPHA SHIELD ANALYSIS
March 2026 Market Crash
When Nifty 500 fell -11.36% in March 2026, here's how DynaSIF Equity performed:
Nifty 500
-11.36%
DynaSIF Equity
-4.42%
Alpha vs Benchmark
+6.94%
Capital Protected
61.1%
How DynaSIF Equity compares in Equity Long Short:
Rank: #2 of 4 Equity Long Short funds(vs Nifty 500)
What This Means:
Moderate protection. The fund cushioned some of the benchmark's fall but underperformed category peers.
Investment objective
Generate long-term capital appreciation using structural, cyclical and tactical investing opportunities in equities, with the optionality of hedging and shortingthrough derivatives. The strategy runs a sector-agnostic multi-cap long book (80–100% of net assets) and adds up to 25% unhedged short exposure via equity derivatives where the fund manager has a strong negative-alpha view. Benchmarked to BSE 500 TRI.
Strategy & allocation
DynaSIF Equity L/S is 360 ONE's first strategy under the SEBI SIF framework. Stocks are screened on a blended qualitative + quantitative lens — macro context, industry dynamics, themes and business strength combined with valuation, factor participation, market regime and price trend. The derivative sleeve adds short single-stock positions (weak fundamentals / excessive valuations) and uses index futures / options for portfolio hedging and tactical participation adjustments.
Portfolio churn is expected to be high — near-month derivative contracts roll at every expiry and several ideas are short-horizon tactical/technical plays. The strategy does not invest in AT1/AT2 bonds, securitized debt, CDS, other SIFs, SO/CE structured debt or overseas derivatives.
Strategy pillars
Core — Long Equity (80–100%)
Multi-cap, sector-agnostic long book driven by structural, cyclical and tactical themes; qualitative (macro, moats, themes) + quantitative (valuation, factors, regime, trend) stock picks.
Short Sleeve — Derivative Overlay (0–25%)
Unhedged short equity positions via futures/options on stocks with weakening fundamentals, market-share loss or excessive valuations; sized small per name.
Portfolio Hedging
Index derivatives (Nifty 50, Bank Nifty, Midcap) used to dial equity participation up/down; covered calls for derivative yield; tactical hedges exited within the month if not working.
Event & Pair Strategies
Merger arbitrage, index rebalancing, pair trades within sectors and stock-level long-short to capture relative-value dispersion.
Risk — Position Caps
Single-stock exposure ~5% (both long & short legs); single-sector net exposure ~20%; combined index-pair and directional option exposure ~5% of NAV each.
Investor suitability
Suitable for
- ✓ Experienced equity investors with ₹10L+ surplus
- ✓ Seeking alpha from both long & short sleeves
- ✓ 5+ year horizon, tolerant of high-churn strategy
- ✓ Replacement for Cat III L/S AIF at lower tax impact
Not suitable for
- ✗ Capital-protection or guaranteed-return seekers
- ✗ Investors who need daily-vol downside dampening
- ✗ Below ₹10L investable surplus (non-accredited)
- ✗ Short-horizon or pure-beta passive investors
Fund management
Harsh Aggarwal
Fund Manager · Head of Alternative Strategies