HomeFund UniverseAltiva Hybrid Long-Short

Altiva Hybrid Long-Short Fund

Allotted 22 Oct 202510 mo old
By Edelweiss Mutual Fund · PMs Bhavesh Jain & Bharat Lahoti (equity), Dhawal Dalal (debt) · Launched Oct 2025

Edelweiss's hybrid long-short SIF with an equity band of 25–75% and up to 25% unhedged short exposure. AMC-declared Risk Band 2 of 5. Benchmarked to the NIFTY 50 Hybrid Composite Debt 50:50 Index.

Hybrid Long-Short SEBI Reg · ₹10L min · Interval (twice-weekly) Hybrid taxation (12.5% LTCG >24m)
Minimum investment
₹10 lakh
₹1 lakh for accredited investors
SEBI norm for Specialized Investment Funds
NAV
₹11.0437
Official AMFI · Regular · 18 Sep 2026
1M Return
▲ 0.27%
Absolute · Regular
3M Return
▲ 3.09%
Absolute · Regular
6M Return
▲ 7.25%
From 18 Mar 2026 to 18 Sep 2026
Since inception
▲ 10.44%
Since allotment, vs face value
AUM
₹9,268 Cr
Value Research · 21 Sep 2026
Expense Ratio
1.25%
AMFI · Regular plan · 11 Sep 2026

Daily NAV performance

Official daily NAVs from our archive of AMFI's SIF NAV feed, plotted for the plan selected. Use the buttons to change the period; the dates covered are shown under the chart. The monthly table gives each calendar month's change.

Monthly returns

Month-on-month change computed from month-end official NAVs in our archive. The first and current months are partial: they run from the earliest, or to the latest, NAV we hold.

Building from the NAV archive…

How the fund actually invests

The scheme's mechanics as set out in its offer documents: what the manager can and cannot do.

A 25–75% equity band. The SID allows equity from 25% to 75% of assets, so the equity weight can move within that range. Arbitrage-style positions (cash-futures, options) can sit inside the equity sleeve.

Up to 25% unhedged short via derivatives. The short overlay is capped at 25% of net assets, with cumulative gross exposure held to 100% of net assets per the SID.

A 25–75% debt band and up to 20% in REITs and InvITs, per the SID. The monthly portfolio disclosure below shows what is actually held.

Taxation and access. The scheme is taxed as a non-equity hybrid: 12.5% LTCG only after 24 months, with short-term gains at slab rate. It is an interval structure open for redemption twice a week (Monday and Wednesday), with a 0.50% exit load within 90 days.

Fund mechanics

Equity allocation
25% to 75%
Debt allocation
25% to 75%
Unhedged short
0% to 25% of net assets
via derivatives; gross exposure ≤100%
REITs / InvITs
0% to 20%
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Risk Band
Level 2 of 5 (AMC-declared)
Expense ratio
See the live figure above (AMFI TER disclosure)
Redemption
Interval — twice weekly (Mon & Wed)
Min investment
₹10 lakh (PAN-level; ₹1L accredited)
Liquidity
Interval; proceeds within ~3 business days
Exit load
0.50% if redeemed within 90 days; nil after
Tax treatment
Non-equity (balanced hybrid)
12.5% LTCG after 24m; STCG at slab rate

Every Hybrid Long-Short SIF we track

All Hybrid Long-Short funds we track, with their latest NAV, trailing returns, size and risk level. This fund is highlighted. Click a column heading to sort the table; the # column then shows each fund's position on that column. It is arithmetic on the period you chose, not a rating or a recommendation. Most SIFs are young, so check each fund's age before comparing. Open any fund's page from its name, or use the compare tool for a side-by-side view.

#NAV
Loading live data…

“—” means the fund is too young for that period or the figure isn't disclosed yet. Default order: 3-month return. NAV and returns follow the plan selected above (Growth option); AUM and risk level from Value Research.

Key risks to read about

Risks that follow from the scheme's own terms. The scheme-specific risk factors in its ISID, SID and KIM are the authoritative list — read them before investing.

⚠ Derivatives and short positions
Up to 25% of net assets can be held in unhedged short positions through derivatives. Shorts and derivatives lose money when prices move against them, and the loss on a short position is not limited to the amount committed.
⚠ Equity and interest-rate risk
With 25–75% in equity and 25–75% in debt, the NAV is exposed to equity prices as well as bond yields and credit quality.
⚠ Liquidity terms
Redemptions are accepted only on the scheme's twice-weekly interval days (Monday and Wednesday), and a 0.50% exit load applies within 90 days of allotment.
⚠ Short live record
The scheme was allotted in October 2025, so its record covers less than a full market cycle.
Talk to Trustner

Questions about Altiva Hybrid Long-Short?

A 20-minute conversation with a Trustner relationship manager about how the scheme works, its liquidity terms and the paperwork. No fee. No obligation. We are an AMFI-registered distributor (ARN-286886); we do not provide personalised investment advice.

Portfolio holdings

Every line disclosed in the AMC's portfolio disclosure as of 30 Jun 2026, ranked by exposure. The ten largest are shaded. Portfolios are disclosed periodically, so these are the most recent published positions — not live weights.

187
Disclosed portfolio lines
33.56%
Top-10 concentration
36.00%
Equity & Equity Related
as printed by the AMC
-1.29%
Index/Stock Options
as printed by the AMC
-6.05%
Index/Stock Futures
as printed by the AMC
1.34%
REITs
as printed by the AMC
2.76%
InvITs
as printed by the AMC
40.74%
Fixed Income
as printed by the AMC
#SecuritySector / bucketSideExposure
01
T-Bill
LONG11.66%
02
National Bank for Agriculture and Rural Development
LONG3.77%
03
Bajaj Finance Ltd.
LONG3.36%
04
HDFC Bank Ltd.
LONG2.47%
05
Small Industries Development Bank of India
LONG2.35%
06
Shriram Finance Ltd.
LONG2.14%
07
HDFC Bank Ltd.
SHORT-2.09%
08
ICICI Bank Ltd.
LONG1.93%
09
Bharti Airtel Ltd.
LONG1.92%
10
Hindustan Petroleum Corporation Ltd.
LONG1.87%
11
Manappuram Finance Ltd.
LONG1.84%
12
Coal India Ltd.
LONG1.82%
13
Piramal Finance Ltd.
LONG1.82%
14
ICICI Bank Ltd.
SHORT-1.47%
15
TATA Capital Ltd.
LONG1.42%
16
Torrent Pharmaceuticals Ltd.
LONG1.40%
17
Tata Capital Housing Finance Ltd.
LONG1.39%
18
JSW Kalinga Steel Ltd.
LONG1.39%
19
360 One Prime Ltd.
LONG1.31%
20
Credila Financial Services Ltd.
LONG1.09%
21
Glenmark Pharmaceuticals Ltd.
LONG1.06%
22
JTPM Metal Traders Ltd.
LONG1.06%
23
Amber Enterprises India Ltd.
LONG1.02%
24
Jubilant Bevco Ltd.
LONG1.00%
25
Jubilant Beverages Ltd.
LONG1.00%
26
REC Ltd.
LONG0.92%
27
Credila Financial Services Ltd.
LONG0.92%
28
Coforge Ltd.
LONG0.86%
29
Inox Wind Ltd.
LONG0.85%
30
Altius Telecom Infrastructure Trust
LONG0.84%
31
Vodafone Idea Ltd.
LONG0.81%
32
Delhivery Ltd.
LONG0.76%
33
Varun Beverages Ltd.
LONG0.75%
34
Bajaj Finance Ltd.
LONG0.74%
35
Bajaj Finance Ltd.
SHORT-0.74%
36
Premier Energies Ltd
LONG0.73%
37
TVS Motor Company Ltd.
LONG0.73%
38
One 97 Communications Ltd.
LONG0.70%
39
Reliance Industries Ltd.
LONG0.70%
40
Indus Towers Ltd.
LONG0.67%
41
IndiGrid Infrastructure Trust
LONG0.66%
42
Ashok Leyland Ltd.
LONG0.65%
43
Brookfield India Real Estate Trust
LONG0.65%
44
Dixon Technologies (India) Ltd.
LONG0.64%
45
Eternal Ltd.
LONG0.61%
46
Bagmane Prime Office Reit
LONG0.61%
47
Jio Financial Services Ltd.
LONG0.60%
48
Multi Commodity Exchange of India Ltd.
LONG0.59%
49
Cholamandalam Investment & Finance Co. Ltd.
LONG0.58%
50
Manappuram Finance Ltd.
LONG0.57%
51
NBCC (India) Ltd.
LONG0.56%
52
Mahindra & Mahindra Ltd.
LONG0.55%
53
Muthoot Finance Ltd.
LONG0.54%
54
NMDC Ltd.
LONG0.52%
55
Aurobindo Pharma Ltd.
LONG0.51%
56
Mazagon Dock Shipbuilders Ltd.
LONG0.51%
57
Maruti Suzuki India Ltd.
LONG0.49%
58
Indus Infra Trust
LONG0.48%
59
Capital Infra Trust
LONG0.47%
60
Power Finance Corporation Ltd.
LONG0.45%
61
Bharti Airtel Ltd.
SHORT-0.41%
62
Titan Company Ltd.
LONG0.40%
63
Infosys Ltd.
LONG0.37%
64
Glenmark Pharmaceuticals Ltd.
SHORT-0.37%
65
Vedanta Ltd.
LONG0.35%
66
BSE Ltd.
LONG0.35%
67
Union Bank of India
LONG0.35%
68
JSW Infrastructure Ltd.
LONG0.33%
69
Adani Green Energy Ltd.
SHORT-0.33%
70
Adani Green Energy Ltd.
LONG0.32%
71
Biocon Ltd.
LONG0.32%
72
Wipro Ltd.
LONG0.31%
73
Raajmarg Infra Investment Trust
LONG0.31%
74
RBL Bank Ltd.
LONG0.30%
75
Bharat Heavy Electricals Ltd.
LONG0.30%
76
Vedanta Ltd.
LONG0.28%
77
Petronet LNG Ltd.
LONG0.27%
78
Bandhan Bank Ltd.
LONG0.27%
79
The Federal Bank Ltd.
LONG0.26%
80
Infosys Ltd.
LONG0.26%
81
Delhivery Ltd.
SHORT-0.25%
82
Godrej Properties Ltd.
LONG0.24%
83
Axis Bank Ltd.
LONG0.24%
84
Tata Motors Passenger Vehicles Ltd.
LONG0.23%
85
AU Small Finance Bank Ltd.
LONG0.22%
86
Tata Steel Ltd.
LONG0.22%
87
UPL Ltd.
LONG0.22%
88
Power Finance Corporation Ltd.
LONG0.21%
89
HDFC Life Insurance Company Ltd.
LONG0.21%
90
IDFC First Bank Ltd.
SHORT-0.20%
91
ITC Ltd.
LONG0.18%
92
Cipla Ltd.
LONG0.18%
93
Coal India Ltd.
SHORT-0.17%
94
Sona Blw Precision Forgings Ltd.
LONG0.16%
95
Eternal Ltd.
SHORT-0.16%
96
Power Grid Corporation of India Ltd.
LONG0.15%
97
Ashok Leyland Ltd.
SHORT-0.14%
98
Exide Industries Ltd.
LONG0.13%
99
Tata Consumer Products Ltd.
LONG0.11%
100
Tata Consumer Products Ltd.
SHORT-0.11%
101
Dabur India Ltd.
LONG0.10%
102
Mphasis Ltd.
LONG0.10%
103
Persistent Systems Ltd.
LONG0.10%
104
Oil India Ltd.
LONG0.09%
105
Adani Energy Solutions Ltd.
LONG0.09%
106
HDFC Life Insurance Company Ltd.
SHORT-0.09%
107
Adani Energy Solutions Ltd.
SHORT-0.09%
108
Bharat Petroleum Corporation Ltd.
LONG0.08%
109
Vodafone Idea Ltd.
SHORT-0.08%
110
Knowledge Realty Trust
LONG0.08%
111
Fortis Healthcare Ltd.
LONG0.07%
112
RBL Bank Ltd.
SHORT-0.07%
113
JSW Steel Ltd.
LONG0.06%
114
Swiggy Ltd.
LONG0.06%
115
Dixon Technologies (India) Ltd.
SHORT-0.06%
116
Adani Ports and Special Economic Zone Ltd.
LONG0.05%
117
Premier Energies Ltd
SHORT-0.05%
118
Amber Enterprises India Ltd.
SHORT-0.05%
119
Maruti Suzuki India Ltd.
SHORT-0.05%
120
Shriram Finance Ltd.
SHORT-0.05%
121
Coforge Ltd.
SHORT-0.05%
122
Adani Ports and Special Economic Zone Ltd.
SHORT-0.05%
123
Tata Consultancy Services Ltd.
LONG0.04%
124
Delhivery Ltd.
SHORT-0.04%
125
Coal India Ltd.
SHORT-0.04%
126
Vodafone Idea Ltd.
SHORT-0.04%
127
One 97 Communications Ltd.
SHORT-0.04%
128
Bharat Heavy Electricals Ltd.
SHORT-0.04%
129
Inox Wind Ltd.
SHORT-0.04%
130
Cholamandalam Investment & Finance Co. Ltd.
SHORT-0.04%
131
Bajaj Auto Ltd.
LONG0.04%
132
Bharat Dynamics Ltd.
LONG0.04%
133
Lodha Developers Ltd.
LONG0.03%
134
L&T Finance Ltd.
LONG0.03%
135
Hindalco Industries Ltd.
LONG0.03%
136
Punjab National Bank
LONG0.03%
137
Eternal Ltd.
SHORT-0.03%
138
Bharti Airtel Ltd.
SHORT-0.03%
139
Aurobindo Pharma Ltd.
SHORT-0.03%
140
Varun Beverages Ltd.
SHORT-0.03%
141
Manappuram Finance Ltd.
SHORT-0.03%
142
BSE Ltd.
SHORT-0.03%
143
ICICI Bank Ltd.
SHORT-0.03%
144
Hindalco Industries Ltd.
SHORT-0.03%
145
Tata Elxsi Ltd.
LONG0.03%
146
L&T Finance Ltd.
LONG0.03%
147
Kfin Technologies Ltd.
LONG0.02%
148
Persistent Systems Ltd.
LONG0.02%
149
IDFC First Bank Ltd.
LONG0.02%
150
Titan Company Ltd.
SHORT-0.02%
151
Glenmark Pharmaceuticals Ltd.
SHORT-0.02%
152
HDFC Bank Ltd.
SHORT-0.02%
153
Multi Commodity Exchange of India Ltd.
SHORT-0.02%
154
Muthoot Finance Ltd.
SHORT-0.02%
155
The Federal Bank Ltd.
SHORT-0.02%
156
Godrej Properties Ltd.
SHORT-0.02%
157
Vedanta Ltd.
SHORT-0.02%
158
Bandhan Bank Ltd.
SHORT-0.02%
159
Ashok Leyland Ltd.
SHORT-0.02%
160
Biocon Ltd.
SHORT-0.02%
161
ITC Ltd.
SHORT-0.02%
162
Hindustan Petroleum Corporation Ltd.
LONG0.01%
163
Vedanta Aluminium Metal Ltd.
LONG0.01%
164
Ambuja Cements Ltd.
LONG0.01%
165
IDFC First Bank Ltd.
SHORT-0.01%
166
Union Bank of India
SHORT-0.01%
167
AU Small Finance Bank Ltd.
SHORT-0.01%
168
Mazagon Dock Shipbuilders Ltd.
SHORT-0.01%
169
L&T Finance Ltd.
SHORT-0.01%
170
Bharat Petroleum Corporation Ltd.
SHORT-0.01%
171
Jio Financial Services Ltd.
SHORT-0.01%
172
Infosys Ltd.
SHORT-0.01%
173
Fortis Healthcare Ltd.
SHORT-0.01%
174
Persistent Systems Ltd.
SHORT-0.01%
175
Sona Blw Precision Forgings Ltd.
SHORT-0.01%
176
Cipla Ltd.
SHORT-0.01%
177
Reliance Industries Ltd.
SHORT-0.01%
178
NMDC Ltd.
SHORT-0.01%
179
NBCC (India) Ltd.
SHORT-0.01%
180
Mahindra & Mahindra Ltd.
SHORT-0.01%
181
Axis Bank Ltd.
SHORT-0.01%
182
Indus Towers Ltd.
SHORT-0.01%
183
Exide Industries Ltd.
SHORT-0.01%
184
Tata Motors Passenger Vehicles Ltd.
SHORT-0.01%
185
Reliance Industries Ltd.
SHORT-0.01%
186
Ambuja Cements Ltd.
SHORT-0.01%
187
Hindustan Petroleum Corporation Ltd.
SHORT-0.01%

Showing the 10 largest positions. The full disclosed book, including the short side, is one click away.

No gross/net exposure figure is stated. The document does disclose a 'Strategy Allocation (%)' breakdown (p2, data as on 30 Jun 2026): Fixed Income* 41%, Cash Future Arbitrage & Covered Call 37%, Others^ 12%, Other Derivative Strategies 6%, REITs/InvITs 4%, Special Situation 0.4%, TOTAL 100%. (*Incl T-bill. ^Incl cash & Net Current Asset/Liabilities.)

Normalised from the AMC's published portfolio statement. Derivative market value, notional exposure and regulatory gross exposure can be measured on different bases, so the AMC's own statement remains controlling. Holdings are historical and change without notice — this is not a recommendation to buy or sell any security.

Documents & source files

Everything on this page traces back to a document Edelweiss published. Here they are, so you can read the primary source yourself rather than take our word for it.

When new documents appear. AMCs publish the previous month's factsheet and portfolio disclosure in the first week or so of each month — so from around the 8th you can generally expect the prior month-end file. Our desk re-checks every AMC on that cycle and updates the holdings and figures on this page. Links point to the AMC's own site, so you always land on their current file, not a stale copy of ours.
Who runs the money

The management team

The people responsible for this SIF, as named in the scheme's official disclosures. Backgrounds are drawn from published fund and AMC sources; fund managers can change over the life of a scheme.

DD
Dhawal Dalal
President & CIO – Fixed Income · Edelweiss

20+ years in fixed income; previously Head – Fixed Income at DSP BlackRock. Runs the scheme's debt sleeve.

BL
Bharat Lahoti
Fund Manager, Equity · Edelweiss

Co-Head of Factor Investing; runs the equity sleeve. ~9 years in financial-services research; previously at D.E. Shaw India.

BJ
Bhavesh Jain
Co-Head, Factor Investing · Edelweiss

~16 years' experience; an arbitrage and hybrid specialist across Edelweiss's Balanced Advantage and Arbitrage funds.

AV
Amit Vora
FM, Overseas & Commodities · Edelweiss

~19 years as a trader (also Head – Dealing); handles the scheme's overseas and commodity allocation.

Sources: named as designated fund managers since the scheme's inception (Oct 2025) per published fund disclosures via Groww, INDmoney and manager-profile sources. The fund is team-managed and the full roster may vary over time; the scheme's SID is the authoritative record.

Trustner relationship manager
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