Altiva SIF · SIF · SIF-163
Altiva Equity Long-Short Fund-Direct Growth
Equity Oriented · Equity Long-Short Fund · Open Ended Scheme · Direct Growth
ISIN (Payout): INF754K30177
Strategy facts
- Declared benchmark
- Nifty 100 TRI
- Fund managers
- Bharat Lahoti (since Sep 2026), Bhavesh Jain (since Sep 2026), Amit Vora (since Sep 2026)
- Launched
- 10 Sep 2026
- Minimum investment
- ₹10 lakh
- Risk level (1 low, 5 high)
- Level 3
- Expense ratio, as filed with AMFI
- Direct Plan - 31.91%, Regular Plan - 33.57%
Houses fill this field differently. It may be the base expense ratio only, before GST, brokerage and transaction costs.
- Custodian
- Standard Chartered
- SEBI code
- ALTV/O/E/ELSF/26/08/0003/EDEL
- 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.
Investment objective
To generate long-term capital appreciation by predominantly investing in listed equity and equity-related instruments. The Investment Strategy may also invest in various derivative instruments, including limited short exposure through unhedged derivative positions in equity up to 25%. There is no assurance that the investment objective of the Investment strategy will be achieved.
From AMFI's strategy details and the house's Scheme Summary Document, checked 16 Oct 2026. Strategy document (PDF) Summary document (PDF)
Returns (as of 2026-10-21)
1 Month
—
3 Months
—
6 Months
—
Since Inception
+0.44%
from 2026-10-05
CAGR (Inception)
—
< 1 yr history
Risk Indicators
Max Drawdown
-2.02%
Worst peak‑to‑trough fall since inception
Annualised Volatility
14.80%
How bumpy the daily NAV journey is
Based on 16 days of NAV history. Green < 5% MDD / < 12% vol · Amber 5-10% / 12-20% · Red > 10% / > 20%
Risk-adjusted ratios
Since inception, from 11 daily returns. Short histories make these noisy, so treat them as provisional.
Sharpe ratio
n/a
Needs at least 60 daily returns
Sortino ratio
n/a
Same, but counting only the falls
Beta vs Nifty 50
n/a
Needs at least 60 matched days
Down capture
n/a
Share of the index's falls it took on down days (lower is better)
Up capture
n/a
Share of the index's gains it kept on up days
Drawdown recovery
5 days
From the worst low back to the old high
Below its high
-1.54%
How far today's NAV is under the highest NAV so far
Beta and capture use the Nifty 50 price index, matched on 11 common trading days. Nifty 50 is a reference here, not this strategy's declared benchmark.
Growth of ₹100 since inception
2026-10-05 → 2026-10-21
| Since inception | Return | Max drawdown |
|---|
All rebased to ₹100 at the SIF's inception. SIFs are long-short (hedged) and aim for a smaller max drawdown rather than out-running a fully-invested fund/index in a rising market, so weigh the drawdown column alongside return.
This strategy's declared benchmark is Nifty 100 TRI. We don't hold a daily series for it, so Nifty 50 is shown as a reference.
Fund house's own money in this strategy
| Quarter | Valued on | ₹ crore |
|---|---|---|
| Jul-Sep 2026 | 09 Oct 2026 | 0.52 |
What the fund house itself has invested in this strategy, as filed with AMFI each quarter. This is the house's own stake, not the size of the strategy (AUM). AMFI does not publish AUM for individual SIF strategies.
Other plans: Altiva SIF · Equity Long-Short Fund
Minimum investment ₹10 lakh. SIF data from AMFI. Not investment advice. Verify all information with the fund house before investing.