HomeFund UniverseDiviniti Equity Long-Short

Diviniti Equity Long-Short

Allotted 1 Dec 20259 mo old
By ITI · Launched Dec 2025

Holds at least 80% in equity and equity-related instruments, with unhedged short exposure of up to 25% of net assets taken through derivatives — an all-cap approach with a derivative overlay.

Equity Long-Short SEBI-regulated SIF · ₹10L minimum Regular-Growth plan tracked
Minimum investment
₹10 lakh
₹1 lakh for accredited investors
SEBI norm for Specialized Investment Funds
NAV
₹902.0396
Official AMFI · Regular · 18 Sep 2026
1M Return
▼ 3.02%
Absolute · Regular
3M Return
▼ 3.35%
Absolute · Regular
6M Return
▼ 5.66%
From 18 Mar 2026 to 18 Sep 2026
Since inception
▼ 9.80%
Since allotment, vs face value
AUM
₹291 Cr
Value Research · 21 Sep 2026
Expense Ratio
2.10%
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…

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.

38
Disclosed portfolio lines
63.57%
Top-10 concentration
73.16%
Equity & Equity related - (a) Listed / awaiting listing on Stock Exchanges - Sub Total
as printed by the AMC
0.00%
Equity & Equity related - (b) Unlisted - Sub Total
as printed by the AMC
73.16%
Equity & Equity related - Total
as printed by the AMC
8.89%
Money Market Instruments - Treasury Bill - Sub Total
as printed by the AMC
8.89%
Money Market Instruments - Total
as printed by the AMC
8.93%
CBLO / Reverse Repo / TREPS - Total
as printed by the AMC
0.00%
Debt Instruments - Total
as printed by the AMC
0.00%
Others - Total
as printed by the AMC
0.00%
Gold - Total
as printed by the AMC
9.02%
Net Receivables / (Payables)
as printed by the AMC
100.00%
Grand Total
as printed by the AMC
#SecuritySector / bucketSideExposure
01
Net Receivables / (Payables)
LONG9.02%
02
TREPS 01-Jul-2026
LONG8.93%
03
91 Days Tbill (MD 17/09/2026)
IN002026X115
SovereignLONG8.89%
04
Bajaj Finance Limited
INE296A01032
FinanceLONG8.13%
05
HDFC Bank Limited
INE040A01034
BanksLONG6.02%
06
Reliance Industries Limited
INE002A01018
Petroleum ProductsLONG5.56%
07
ICICI Bank Limited
INE090A01021
BanksLONG4.85%
08
Bank Nifty Index
IndexLONG4.38%
09
Larsen & Toubro Limited
INE018A01030
ConstructionLONG4.29%
10
Axis Bank Limited
INE238A01034
BanksLONG3.50%
11
Bharti Airtel Limited
INE397D01024
Telecom - ServicesLONG3.36%
12
Bharti Airtel Limited
Telecom - ServicesSHORT3.36%
13
State Bank of India
INE062A01020
BanksLONG3.34%
14
Bharat Electronics Limited
INE263A01024
Aerospace & DefenseLONG3.13%
15
Sun Pharmaceutical Industries Limited
INE044A01036
Pharmaceuticals & BiotechnologyLONG3.06%
16
Cartrade Tech Limited
INE290S01011
RetailingLONG3.05%
17
HDFC Bank Limited
BanksLONG2.91%
18
HDFC Life Insurance Company Limited
INE795G01014
InsuranceLONG2.83%
19
Cipla Limited
INE059A01026
Pharmaceuticals & BiotechnologyLONG2.66%
20
SBI Life Insurance Company Limited
INE123W01016
InsuranceLONG2.61%
21
SBI Life Insurance Company Limited
InsuranceSHORT2.61%
22
Kotak Mahindra Bank Limited
INE237A01036
BanksLONG2.26%
23
Kaynes Technology India Limited
INE918Z01012
Industrial ManufacturingLONG2.15%
24
NTPC Limited
PowerLONG2.05%
25
The Great Eastern Shipping Company Limited
INE017A01032
Transport ServicesLONG2.03%
26
Adani Ports and Special Economic Zone Limited
INE742F01042
Transport InfrastructureLONG1.96%
27
Lupin Limited
Pharmaceuticals & BiotechnologyLONG1.94%
28
One 97 Communications Limited
Financial Technology (Fintech)SHORT1.85%
29
One 97 Communications Limited
INE982J01020
Financial Technology (Fintech)LONG1.83%
30
ITC Limited
INE154A01025
Diversified FMCGLONG1.63%
31
Power Grid Corporation of India Limited
INE752E01010
PowerLONG1.52%
32
Hindalco Industries Limited
INE038A01020
Non - Ferrous MetalsLONG1.42%
33
PNB Housing Finance Limited
FinanceLONG1.16%
34
Central Depository Services (India) Limited
INE736A01011
Capital MarketsLONG1.14%
35
Max Financial Services Limited
InsuranceLONG1.14%
36
Shriram Finance Limited
FinanceLONG1.06%
37
Aditya Birla Capital Limited
FinanceLONG1.02%
38
Garware Hi-Tech Films Limited
INE291A01017
Industrial ProductsLONG0.83%

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

Largest equity sectors

Aggregated from the disclosed cash-equity lines.

Banks
19.97%
Finance
8.13%
Pharmaceuticals & Biotechnology
5.72%
Petroleum Products
5.56%
Insurance
5.44%
Construction
4.29%

Source states '% to Net Assets' as a fraction of 1 (e.g. 0.0813 = 8.13%); values here are multiplied by 100. The DERIVATIVES block has an EXPLICIT Long/Short column, used verbatim; it is corroborated by the sign of quantity and market value (short lines carry negative quantity and negative %). pct values are stored as absolute values - use 'side' for direction. AMC-stated exposures: 'Exposure to derivative instrument at the end of the period in Lakhs 2616.57'; 'Total exposure due to futures (hedging positions) as a %age of net assets : -4.72%'; 'Total exposure due to futures (non hedging positions) as a %age of net assets : 12.56%'. No single gross/net derivative sub-total row is printed, hence sleeves.derivatives is null. Debt Instruments, Others and Gold blocks are all printed NIL, so debt = 0.0; other 26.84 = money-market T-bill 8.89 + TREPS 8.93 + net receivables 9.02, and equity+debt+other = 100.00. Portfolio turnover 8.13 times. Units have a Rs 1,000 face value - NAV at 30 Jun 2026 was Rs 931.5607 (Regular Growth) / Rs 939.7426 (Direct Growth), i.e. below par is NOT implied; par is Rs 1,000. Fund total Rs 33,377.56 lakhs (Rs 333.78 Cr). Benchmark Nifty 50 TRI. Latest monthly portfolio published by ITI as of the extraction date is June 2026; a July 2026 file is not yet on the disclosure index.

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.

How the fund actually invests

An equity long-short strategy holding 80–100% in equity and equity-related instruments, benchmarked to the Nifty 50 TRI, with unhedged short exposure of up to 25% of net assets. Unusually for a SIF, it is open-ended with daily redemption — and its units carry a ₹1,000 face value rather than the usual ₹10.

The objective, as stated in the scheme document. ITI's documents define the aim as generating "long-term capital appreciation from a diversified portfolio that dynamically invests in equity and equity-related securities, including limited short exposure in equity through derivative instruments of companies across various market capitalisation."

An equity-heavy mandate with a quarter available to short. The allocation, revised with effect from 1 January 2026, is 80–100% to equity, equity-related instruments and REIT units (inclusive of unhedged short exposure), 0–20% to debt and money market, and 0–20% to InvIT units. Naked short derivative positions taken for non-hedging purposes are capped at 25% of net assets, and cumulative gross exposure at 100%.

Daily liquidity — which sets it apart from most SIFs. Many SIF strategies are interval structures with weekly or monthly redemption windows. Diviniti is open-ended: subscription and redemption are both available on any business day, with a 3:00 p.m. cut-off, though the AMC reserves the right to reduce that frequency.

A ₹1,000 face value, so read the NAV carefully. Units were issued at ₹1,000 each during the NFO rather than the conventional ₹10. A NAV in the ₹900s therefore reflects a position below the issue price — not a fund trading near par. Since-inception return on this page is computed against the ₹1,000 face value.

The management line-up has changed twice in recent weeks. Mr. Alok Ranjan became the sole designated fund manager with effect from 11 July 2026, after Mr. Vasav Sahgal's resignation. Mr. Rajesh Bhatia, who had been fund manager for overseas investments, resigned with effect from 7 August 2026. ITI's own strategy summary document had not yet caught up with these changes at the time of writing.

Fund mechanics

Benchmark
Nifty 50 (TRI) — Tier 1; no Tier 2 benchmark
Equity & equity-related (incl. REITs, incl. unhedged shorts)
80–100% (w.e.f. 1 Jan 2026)
Debt & money market
0–20%
InvIT units
0–20%
Unhedged short cap
Up to 25% of net assets (non-hedging derivatives)
Structure
Open-ended — not an interval strategy
Subscription & redemption
Daily on business days, 3:00 p.m. cut-off
Exit load
10% of units may be redeemed free of load within 6 months; beyond that, 0.50% if redeemed on or before 6 months; Nil thereafter (FIFO)
Minimum investment
₹10,00,000 initial (per PAN across Diviniti SIF strategies); ₹25,000 additional; SIP ₹5,000
Plans & options
Regular and Direct; Growth and IDCW (payout / reinvestment)
Face value
₹1,000 per unit
Date of allotment
1 December 2025 (NFO 10–24 Nov 2025; re-opened 3 Dec 2025)
Risk band
Level 3 per ITI addendum dated 7 July 2026 (launched at Level 5; ITI's site still displayed Level 5 at the time of writing — bands reset monthly, so verify the current one)
Scheme code
DELS/O/E/ELSF/25/10/0001/ITIM

Sources: ITI MF — Investment Strategy Summary Document (ISSD) · ITI MF — Key Information Memorandum (KIM) · SEBI — Investment Strategy Information Document (ISID) · ITI MF — notices & addenda. Scheme facts are as disclosed by the AMC at the time of writing; fund managers, load structures and allocation bands can change — always read the current SID/KIM before investing.

Documents & source files

Everything on this page traces back to a document ITI 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.

Every Equity Long-Short SIF we track

All Equity 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.

What an Equity Long-Short SIF actually does

Holds at least 80% in equity and equity-related instruments, with unhedged short exposure of up to 25% of net assets taken through derivatives — an all-cap approach with a derivative overlay.

Every Specialized Investment Fund sits between mutual funds and PMS: a ₹10 lakh minimum (aggregated per PAN per AMC), SEBI's Chapter VI-C framework, and mutual-fund-grade taxation — equity-oriented strategies attract 12.5% LTCG after 12 months. Learn the mechanics on our What is a SIF page, or read the August 2026 Coverage Report.

On sourcing. The scheme facts on this page are taken from the AMC's own Scheme Information Document, Investment Strategy Information Document and Key Information Memorandum, with the source linked above. The live NAV comes from AMFI; AUM and risk level from Value Research; the expense ratio from AMFI. Where a detail is not disclosed by the AMC we say so rather than estimate it — we never guess a number.

Questions about this fund?

SIFs carry a ₹10 lakh minimum and real derivative risk. Talk to a Trustner relationship manager — 20 minutes, no fee, no obligation. We are an AMFI-registered distributor (ARN-286886); we do not provide personalised investment advice.

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Who runs the money

The management team

The people named as designated fund managers in the scheme's official disclosures. Fund managers can change over the life of a scheme — verify against the current KIM before investing.

AR
Alok Ranjan
Fund Manager (sole designated manager, w.e.f. 11 July 2026)

Appointed following the resignation of the previous fund manager. Verify the current roster against ITI's latest addendum before investing — this scheme's management has changed twice in recent weeks.

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