Category diligence
What matters in this strategy family
Category labels are only a starting point. Use these checks before comparing individual SIF profiles.
Research preview: Specialized Investment Fund (SIF) profiles show source evidence and known gaps. Verify official documents before relying on any data point.
Review methodologySIF category
SIF strategies that combine asset allocation flexibility with active positioning across market cycles.
Investor lens
Best researched as flexible allocation strategies where equity, debt, hedging, and tactical shifts can change the investor experience over time.
Category diligence
Category labels are only a starting point. Use these checks before comparing individual SIF profiles.
Understand how allocation can shift across asset classes.
Compare hedging and derivative language across AMCs.
Verify whether NAV and factsheet evidence supports the stated strategy.
Hybrid / Multi-Asset
Quant Mutual Fund
Decision facts
Key facts at a glance. Dates and sources are in the profile.
Strategy
Hybrid Long-Short
Latest NAV
₹12.91
17 Sept 2026
Daily NAVAUM
Fund Size as on 31 August 2026: Rs. 298.00 crore.
Available
TER / costs
Annual expense (stated maximum), reviewed 5 September 2026: Regular 3.42%; Direct 2.00%.
Available
Fund manager
Fund managers: Sandeep Tandon (primary); Ankit Pande, Sameer Kate, Sanjeev Sharma, and Jignesh Shah (co-managers). Jignesh Shah has managed since 20 February 2026; the others since allotment.
Available
Risk-band
Risk Band Level 3
Current AMFI summary checked 15 Sept 2026
Evidence
6/8 items checked
Review sources in the profile
A hybrid SIF strategy combining asset allocation flexibility with long-short positioning.
Use case lens: Flexible allocation research
Check carefully if: liquidity or tax fit is unclear
Hybrid / Multi-Asset
SBI Mutual Fund
Decision facts
Key facts at a glance. Dates and sources are in the profile.
Strategy
Hybrid Long-Short
Latest NAV
₹10.42
17 Sept 2026
Daily NAVAUM
AUM as on 31 July 2026: Rs. 3,833.95 crore; AAUM for July 2026: Rs. 3,789.05 crore.
Available
TER / costs
Base expense ratio / TER as on 31 July 2026: Regular 0.92% / 1.75%; Direct 0.40% / 1.14%.
Available
Fund manager
Fund manager: Mr. Gaurav Mehta; managing since October 2025; total experience around 20 years.
Available
Risk-band
Risk Band Level 1
Official disclosure as of 31 Jul 2026
Evidence
7/8 items checked
Review sources in the profile
A hybrid SIF approach positioned for active allocation across equity and debt market conditions.
Use case lens: Flexible allocation research
Check carefully if: liquidity or tax fit is unclear
Hybrid / Multi-Asset
Edelweiss Mutual Fund
Decision facts
Key facts at a glance. Dates and sources are in the profile.
Strategy
Hybrid Long-Short
Latest NAV
₹11.01
17 Sept 2026
Daily NAVAUM
AUM month end: Rs. 5,599 crore; monthly average: Rs. 5,053 crore.
Available
TER / costs
Base expense ratio / TER as on 30 June 2026: Direct 0.60% / 1.46%; Regular 1.43% / 2.43%.
Available
Fund manager
Fund managers: Equity - Mr. Bhavesh Jain and Mr. Bharat Lahoti; Debt - Mr. Dhawal Dalal and Mr. Kedar Karnik; Overseas - Mr. Amit Vora. Factsheet lists experience and managing-since dates for each role.
Available
Risk-band
Risk Band Level 1
Current AMFI summary checked 15 Sept 2026
Evidence
7/8 items checked
Review sources in the profile
A hybrid SIF strategy designed around flexible participation across market phases.
Use case lens: Flexible allocation research
Check carefully if: liquidity or tax fit is unclear
Hybrid / Multi-Asset
Tata Mutual Fund
Decision facts
Key facts at a glance. Dates and sources are in the profile.
Strategy
Hybrid Long-Short
Latest NAV
₹10.03
17 Sept 2026
Daily NAVAUM
Monthly AAUM as on 31 July 2026: Rs. 578.17 crore.
Available
TER / costs
Total Expense Ratio as on 28 February 2026: Regular Plan 2.36%; Direct Plan 0.56%.
Available
Fund manager
Fund managers: Mr. Akhil Mittal, managing since 1-Jun-2026; Mr. Suraj Nanda and Mr. Hasmukh Vishariya, managing since 17-Dec-2025.
Available
Risk-band
Risk Band Level 5
Current AMFI summary checked 15 Sept 2026
Evidence
7/8 items checked
Review sources in the profile
A Tata SIF hybrid long-short strategy combining equity, debt, and derivative exposure for multi-asset participation.
Use case lens: Flexible allocation research
Check carefully if: liquidity or tax fit is unclear
Hybrid / Multi-Asset
360 ONE Mutual Fund
Decision facts
Key facts at a glance. Dates and sources are in the profile.
Strategy
Active Asset Allocator Long-Short
Latest NAV
₹10.47
16 Sept 2026
Daily NAVAUM
AUM as on 31 July 2026: Net AUM Rs. 215.75 crore; Monthly Average AUM Rs. 217.01 crore.
Available
TER / costs
Base Expense Ratio as on 31 July 2026: Regular Plan 1.63%; Direct Plan 0.53%. Total Expense Ratio must be checked separately on the AMC's TER page.
Available
Fund manager
Fund managers: Pranav Mise; Milan Mody (debt portion); Rahul Khetawat (commodity portion). Co-fund manager: Viral Mehta. Pranav Mise and Viral Mehta are shown with effect from 7 August 2026.
Available
Risk-band
Risk Band Level 2
Official disclosure as of 31 Jul 2026
Evidence
8/8 items checked
Review sources in the profile
A 360 ONE DynaSIF active asset allocator strategy using equity, debt, commodity, InVIT, and long-short tools.
Use case lens: Flexible allocation research
Check carefully if: liquidity or tax fit is unclear
Hybrid / Multi-Asset
Aditya Birla Sun Life Mutual Fund
Decision facts
Key facts at a glance. Dates and sources are in the profile.
Strategy
Hybrid Long-Short
Latest NAV
₹10.69
17 Sept 2026
Daily NAVAUM
AUM as on 31-Mar-2026: Rs. 53.25 crore; Average AUM for March 2026: Rs. 4.19 crore.
Available
TER / costs
Actual Expense: Regular 1.45%; Direct 0.43%.
Available
Fund manager
Fund management team: Mr. Lovelish Solanki (primary), Mr. Mohit Sharma (co-manager), and Mr. Rohit Karan (co-manager).
Available
Risk-band
Risk Band Level 1
Official disclosure as of 31 Mar 2026
Evidence
7/8 items checked
Review sources in the profile
An Aditya Birla Sun Life Apex SIF hybrid long-short interval strategy combining arbitrage, fixed income, equity, derivatives, and permitted alternatives.
Use case lens: Flexible allocation research
Check carefully if: liquidity or tax fit is unclear
Hybrid / Multi-Asset
ICICI Prudential Mutual Fund
Decision facts
Key facts at a glance. Dates and sources are in the profile.
Strategy
Hybrid Long-Short
Latest NAV
₹10.39
17 Sept 2026
Daily NAVAUM
Monthly AAUM as on 31-Mar-2026: Rs. 653.71 crore; closing AUM as on 31-Mar-2026: Rs. 672.02 crore.
Available
TER / costs
Annual expenses as on 31 March 2026: Regular Plan 2.37% of daily net assets; Direct Plan 0.97%.
Available
Fund manager
Fund managers listed across the official ISID/strategy summary: Mr. Rajat Chandak, Mr. Ayush Shah, Mr. Manish Banthia, and Mr. Akhil Kakkar.
Available
Risk-band
Risk Band Level 5
Official disclosure as of 31 Aug 2026
Evidence
4/8 items checked
Review sources in the profile
A source-backed ICICI Prudential Mutual Fund SIF profile covering the Hybrid Long-Short strategy, AMFI NAV history, and official disclosure links.
Use case lens: Flexible allocation research
Check carefully if: you need decision-grade evidence
Hybrid / Multi-Asset
Bandhan Mutual Fund
Decision facts
Key facts at a glance. Dates and sources are in the profile.
Strategy
Hybrid Long-Short
Latest NAV
₹10.38
17 Sept 2026
Daily NAVAUM
Monthly AAUM as on 31 July 2026: Rs. 114.05 crore.
Available
TER / costs
Annual Expense (stated maximum), checked 5 September 2026: Regular 1.33%; Direct 0.89%.
Available
Fund manager
Fund managers: Debt portion - Mr. Brijesh Shah and Mr. Debraj Lahiri; Equity portion - Mr. Kapil Kankonkar and Mr. Nilesh Saha.
Available
Risk-band
Risk Band Level 1
Official disclosure as of 31 May 2026
Evidence
5/8 items checked
Review sources in the profile
A source-backed Bandhan Mutual Fund SIF profile covering the Hybrid Long-Short strategy, AMFI NAV history, and official disclosure links.
Use case lens: Flexible allocation research
Check carefully if: missing evidence affects your shortlist
Hybrid / Multi-Asset
Quant Mutual Fund
Decision facts
Key facts at a glance. Dates and sources are in the profile.
Strategy
Active Asset Allocator Long-Short
Latest NAV
₹13.12
17 Sept 2026
Daily NAVAUM
Fund Size as on 31 August 2026: Rs. 420.00 crore.
Available
TER / costs
Annual expense (stated maximum), reviewed 5 September 2026: Regular 3.76%; Direct 2.26%.
Available
Fund manager
Fund managers: Sandeep Tandon (primary); Jignesh Shah, Ankit Pande, Sameer Kate, and Sanjeev Sharma (co-managers), all since allotment.
Available
Risk-band
Risk Band Level 2
Current AMFI summary checked 10 Sept 2026
Evidence
4/8 items checked
Review sources in the profile
A source-backed Quant Mutual Fund SIF profile covering the Active Asset Allocator Long-Short strategy, AMFI NAV history, and official disclosure links.
Use case lens: Flexible allocation research
Check carefully if: you need decision-grade evidence
Hybrid / Multi-Asset
ICICI Prudential Mutual Fund
Decision facts
Key facts at a glance. Dates and sources are in the profile.
Strategy
Active Asset Allocator Long-Short
Latest NAV
₹10.30
16 Sept 2026
Daily NAVAUM
Pending verification
Source found
TER / costs
Actual expenses as on 30 June 2026: Direct Plan 0.72%; Regular Plan 2.13%.
Available
Fund manager
Fund managers listed in the official strategy summary: Mr. Ihab Dalwai, Ms. Sharmila D'silva, Ms. Masoomi Jhurmrvala, Mr. Manish Banthia, Mr. Akhil Kakkar, and Mr. Gaurav Chikane.
Available
Risk-band
Risk Band Level 2
Official disclosure as of 31 Aug 2026
Evidence
6/8 items checked
Review sources in the profile
A source-backed ICICI Prudential Mutual Fund SIF profile covering the Active Asset Allocator Long-Short strategy, AMFI NAV history, and official disclosure links.
Use case lens: Flexible allocation research
Check carefully if: liquidity or tax fit is unclear
Hybrid / Multi-Asset
HSBC Mutual Fund
Decision facts
Key facts at a glance. Dates and sources are in the profile.
Strategy
Hybrid Long-Short
Latest NAV
₹10.22
17 Sept 2026
Daily NAVAUM
AUM as on 31 July 2026: Rs. 781.58 crore; Monthly Average AUM for July 2026: Rs. 662.57 crore.
Available
TER / costs
Annual Expense (stated maximum): Regular 1.09%; Direct 0.45%.
Available
Fund manager
Fund management team: Shriram Ramanathan (fixed income, REITs and InvITs), Praveen Ayathan (arbitrage), Venugopal Manghat (equity), and Mayank Chaturvedi (foreign securities).
Available
Risk-band
Risk Band Level 2
Current AMFI summary checked 15 Sept 2026
Evidence
7/8 items checked
Review sources in the profile
A source-backed HSBC Mutual Fund SIF profile covering the RedHex Hybrid Long-Short strategy, AMFI NAV history, and official disclosure links.
Use case lens: Flexible allocation research
Check carefully if: liquidity or tax fit is unclear
Hybrid / Multi-Asset
Mirae Asset Mutual Fund
Decision facts
Key facts at a glance. Dates and sources are in the profile.
Strategy
Hybrid Long-Short
Latest NAV
₹10.11
17 Sept 2026
Daily NAVAUM
Pending verification
Needs review
TER / costs
Estimated maximum Base Expense Ratio (BER): up to 2.10% of daily net assets; total expense ratio up to 2.10% plus statutory levies as applicable.
Available
Fund manager
Fund manager listed in ISID: Mr. Gaurik Shah.
Available
Risk-band
Risk Band Level 2
Current AMC page checked 15 Sept 2026
Evidence
4/8 items checked
Review sources in the profile
A source-backed Mirae Asset Mutual Fund SIF profile covering the Hybrid Long-Short strategy, AMFI NAV history, and official disclosure links.
Use case lens: Flexible allocation research
Check carefully if: missing evidence affects your shortlist