Altiva Equity Ex- Top 100 Long - Short Fund - Direct Plan - Growth
Altiva SIF · Equity Ex-Top 100 Long-Short Fund · Open Ended Schemes
NAV Trend
Trailing Returns
Returns are computed from the NAV on the closest available trading day to each period's start date. A period shows "-" when the fund's NAV history doesn't yet reach back that far — e.g. a fund launched 6 weeks ago won't have a 1-Quarter figure until it has 3 months of history.
Fund Facts
| Scheme Code | SIF-120 |
|---|---|
| ISIN (Growth/Payout) | INF754K30094 |
| ISIN (Reinvestment) | Not applicable for this option |
| Structure | Open Ended Schemes |
| Category | Equity Oriented Investment Strategies |
| Investment Strategy | Equity Ex-Top 100 Long-Short Fund |
| Plan | Direct Plan |
| Option | Growth |
| Minimum Investment | ₹10,00,000 (SEBI-mandated, PAN-level across Altiva SIF's SIF strategies) details → |
| First NAV on record | ₹9.9692 on Wed Jun 10 2026 |
| All-Time High (since 10 Jun 2026) | ₹11.3374 on Fri Aug 21 2026 |
| All-Time Low (since 10 Jun 2026) | ₹9.9363 on Thu Jun 11 2026 |
| Since-Inception Return Absolute, not annualized · 85 days |
+11.44%
Shown as absolute return, not CAGR, since the fund has under 1 year of history — annualizing a shorter period would overstate/understate the real run rate.
|
| NAV data points on record | 61 |
| Average AUMApril - June 2026 | ₹2,975.25 lakh |
| Total Expense Ratio (TER)as of Wed Aug 19 2026 | 2.76% |
Fund Profile
To generate capital appreciation in the long term by predominantly investing in equity and equity related securities of Ex – top 100 companies. The Investment Strategy may also invest in various derivative instruments, including short exposure through unhedged derivative positions in equity and equity related instruments of Ex – top 100 stocks upto 25%. There is no assurance that the investment objective of the Investment strategy will be achieved.
| Fund Manager (Mr. Nikhil Gada (Comanage), Mr. Trideep Bhattacharya (Comanage), Mr. Ashish Sood (Assistant Fund Manager), Mr. Amit Vora (Overseas portion)) | Mr. Nikhil Gada, Mr. Trideep Bhattacharya, Mr. Ashish Sood, Mr. Amit Vora (Overseas portion) |
|---|---|
| Benchmark | Nifty 500 TRI |
| Risk Level | Risk Band Level 5 |
| Stated Asset Allocation | Equity & Equity related instruments (inlcuding REITs) of Ex- Top 100* companies (including up to 25% in Unhedged short exposure through derivative instruments)#- 65 to 100% Other Equity and Equity related securities#- 0 to 35% Debt and money market instruments and Units of Debt Oriented Mutual Funds# - 0 to 35% Units issued by InvITs - 0 to 20% |
| Exit Load | If the units are redeemed / switched out on or before 90 days from the date of allotment - 0.50% of applicable NAV. If the units are redeemed / switched out after 90 days from the date of allotment – Nil. AMC reserves the right to revise the load structure from time to time. Such changes will become effective prospectively from the date such changes are incorporated. |
| NFO Window | Mon May 18 2026 – Mon Jun 01 2026 |
| Allotment Date | Mon Jun 08 2026 |
| Custodian | Standard Chartered |
| Auditor | M/s. Walker Chandiok & co LLP |
| Registrar & Transfer Agent | KFIN Technologies Ltd |
| SIP/SWP/STP Frequency | Daily (D); Weekly (W); Fortnightly (F) Monthly (M); Quarterly (Q) |
Sourced from AMFI's published Scheme Summary Document, last refreshed Tue Sep 01 2026.
About the Equity Ex-Top 100 Long-Short Fund Strategy
This fund follows a SEBI-registered Equity Ex-Top 100 Long-Short Fund strategy under the Equity Oriented Investment Strategies category of the Specialized Investment Fund (SIF) framework. Unlike a traditional long-only mutual fund, SIF strategies in this category are permitted to take short positions using derivatives (within regulatory limits), aiming to generate returns from both rising and falling markets or specific relative-value opportunities the fund manager identifies.
Read the full explainer: how Equity Ex-Top 100 Long-Short Fund works →
Expense Ratio (TER) History
Every recorded change to this fund's Total Expense Ratio — not a daily value, since TER often stays flat for weeks; this only shows the dates it actually moved.
| Effective Date | TER |
|---|---|
| Thu Aug 06 2026 | 2.83% |
| Wed Aug 19 2026 | 2.76% |
Frequently Asked Questions
Related reading: SIF minimum investment rules: the ₹10 lakh threshold explained · What is a Long-Short investment strategy? · Open Ended vs Interval Fund: what it means for a SIF · IDCW vs Growth: Payout, Reinvestment, or Growth — Which Option to Pick · Direct Plan vs Regular Plan: what’s the actual difference?
Other Plans of This Fund
-
Direct / IDCW
₹11.1094
-
Regular / Growth
₹11.0664
-
Regular / IDCW
₹11.0661
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