Which is Better: Equity Long-Short Fund – Sapphire SIF vs SUMMIT SIF?
Both funds follow the Equity Long-Short Fund strategy — same category, different fund house.
| Sapphire Equity Long-Short SIF - Direct - Growth | Summit Equity Long-Short Fund - Direct Plan - Growth | |
|---|---|---|
| AMC | Sapphire SIF | SUMMIT SIF |
| Strategy | Equity Long-Short Fund | Equity Long-Short Fund |
| Structure | Open Ended Schemes | Open Ended Schemes |
| Plan / Option | Direct / Growth | Direct / Growth |
| Latest NAV | ₹961.3870 | ₹10.1900 |
| 1-Day Change | -0.96% | -1.07% |
| 1-Week Change | +0.67% | -0.10% |
| 1-Month Change | -3.29% | -2.58% |
| 1-Quarter Change | -4.50% | - (not enough history) |
| 1-Year Change | - (not enough history) | - (not enough history) |
| Since-InceptionCAGR once ≥1yr old, else absolute return |
-3.86%
Absolute · 173d
|
+2.10%
Absolute · 87d
|
| All-Time High / Low |
₹1029.7034 / ₹947.7166
since 29 Apr 2026
|
₹10.6500 / ₹9.9800
since 24 Jul 2026
|
| Minimum Investment | ₹10,00,000 for both (SEBI-mandated SIF minimum, PAN-level per AMC) | |
| Average AUM | ₹9,683.67 lakh April - June 2026 |
Not yet available |
| Expense Ratio (TER) | 1.28% | Not yet available |
| Fund Manager | Not yet available | Not yet available |
| Benchmark | Nifty 500 TRI | Not yet available |
| Risk Level | Risk Level 5 | Not yet available |
Comparisons are based on NAV data only. Fund manager, AUM, expense ratio, and portfolio composition are not part
of the daily NAV feed — check each fund's Scheme Information Document (SID) for those details. Trailing
returns use the NAV on the closest available trading day to each period's start date, and show "-" when a
fund's history doesn't yet reach back that far.