DynaSIF SIF · SIF · SIF-60
DynaSIF Equity Long - Short Fund - Direct Plan - IDCW Option
Equity Oriented · Equity Long-Short Fund · Open Ended Scheme · Direct IDCW
ISIN (Payout): INF579M30059 ISIN (Reinvest): INF579M30067
Strategy facts
- Declared benchmark
- BSE 500 TRI
- Fund managers
- Harsh Aggarwal, Pranav Mise
- Launched
- 06 Feb 2026
- Minimum investment
- ₹10 lakh
- Risk level (1 low, 5 high)
- Level 5
- Expense ratio, as filed with AMFI
- Regular 2.1, Direct 0.83
Houses fill this field differently. It may be the base expense ratio only, before GST, brokerage and transaction costs.
- Custodian
- Deutsche Bank AG
- SEBI code
- DYNA/O/E/ELSF/25/12/0001/360O
- Exit load
- 0.5% if redeemed within 3 months from date of allotment of units . No exit load is payable for redemption after 3 months from the date of allotment of units
Investment objective
To generate long term capital appreciation using structural, cyclical, and tactical investing opportunities in equities with optionality of hedging and shorting. 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 2026-10-22)
1 Month
-4.66%
3 Months
—
6 Months
—
Since Inception
-6.80%
from 2026-08-31
CAGR (Inception)
—
< 1 yr history
Risk Indicators
Max Drawdown
-6.80%
Worst peak‑to‑trough fall since inception
Annualised Volatility
9.43%
How bumpy the daily NAV journey is
Based on 52 days of NAV history. Green < 5% MDD / < 12% vol · Amber 5-10% / 12-20% · Red > 10% / > 20%
Risk-adjusted ratios
Since inception, from 35 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
Worst month
-4.67%
Sep 2026
Best month
0.00%
Aug 2026
Positive months
0 of 2
Completed calendar months that gained
Drawdown recovery
Not yet
0 days since the worst low
Below its high
-6.80%
How far today's NAV is under the highest NAV so far
Beta and capture use the Nifty 50 price index, matched on 35 common trading days. Nifty 50 is a reference here, not this strategy's declared benchmark.
Portfolio · as on 30 Sep 2026
House's portfolio fileStrategy assets
₹404 cr
Net assets in the portfolio file
Equity held
76.4%
57 stocks, top 10 = 26.3%
Futures, net
-1.2%
Short -7.8% · long +6.6%
Net equity exposure
75.2%
Equity held plus futures
How the book is built
Outright equity, little hedging.
Each future and option is matched to the stock it is written on, and coverage is measured by contracts against shares held: the file shows options at their premium, which would make a collar over half the book look like well under 1% of it.
Asset mix, % of net assets
- Equity held +76.4%
- Cash & TREPS +16.5%
- Net receivables +5.6%
- Money market +2.5%
- Futures -1.2%
- Options +0.2%
Blue bars add to the portfolio, orange bars are short or negative positions.
Top 10 stocks held
| Bharti Airtel LimitedTelecom - Services | 3.87% |
| Eternal LimitedRetailing | 3.76% |
| Premier Energies LimitedElectrical Equipment | 2.74% |
| The Indian Hotels Company LimitedLeisure Services | 2.55% |
| Axis Bank LimitedBanks | 2.44% |
| Jyoti CNC Automation LtdIndustrial Manufacturing | 2.38% |
| Varun Beverages LimitedBeverages | 2.21% |
| IIFL Finance LimitedFinance | 2.21% |
| ICICI Bank LimitedBanks | 2.08% |
| ZF Commercial Vehicle Control Systems India LimitedAuto Components | 2.07% |
Largest short positions (9 in total)
| Nifty Midcap October 2026 FutureFutures | -2.46% |
| Cholamandalam Investment and Finance Company Ltd October 2026 FutureFutures | -2.01% |
| Titan Company Limited October 2026 FutureFutures | -0.80% |
| L&T Finance Limited October 2026 FutureFutures | -0.71% |
| Hindalco Industries Limited October 2026 FutureFutures | -0.66% |
| Muthoot Finance Limited October 2026 FutureFutures | -0.66% |
| GE Vernova T&D India Limited October 2026 FutureFutures | -0.53% |
| LTM Limited 4000 Call October 2026 OptionOptions | -0.02% |
| Eternal Limited 340 Call October 2026 OptionOptions | -0.00% |
Stocks held, by industry
Net assets by portfolio date: Sep 2026 ₹404 cr · Jul 2026 ₹370 cr · May 2026 ₹277 cr · Mar 2026 ₹154 cr
From the house's own portfolio statement; SIFs must publish one at least every alternate month-end. Futures are counted at full contract value, so net equity exposure is equity held plus futures. Options are shown at their premium value, not their market exposure, so they are left out of that figure.
Growth of ₹100 since inception
2026-08-31 → 2026-10-22
| 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 BSE 500 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 |
|---|---|---|
| Apr-Jun 2026 | 06 Jul 2026 | 0.34 |
| Jan-Mar 2026 | 06 Apr 2026 | 0.15 |
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.
Monthly returns · since inception (Aug 2026)
How each calendar month went: green months gained, red months lost. Deeper colour = bigger move.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | · | · | · | · | · | · | · | · | -4.7 | -2.2 | · | · | -6.8 |
| Avg | · | · | · | · | · | · | · | · | -4.7 | · | · | · | · |
All values in %. Each cell compares the last NAV of the month with the last NAV of the month before. The latest month is month-to-date; the Year column compounds the months shown on that row.
Other plans: DynaSIF 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.