Trustner offers the Regular plan as an AMFI-registered SIF distributor (ARN-286886) and earns a commission from the fund house. We explain the documents and the process; we do not recommend funds. Disclosures
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.
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.
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… |
Every line disclosed in the AMC's portfolio disclosure as of 30 Sep 2026, ranked by exposure, largest first. Portfolios are disclosed periodically, so these are the most recent published positions — not live weights.
This is the latest portfolio statement the AMC had published when we last checked its disclosure page on 13 Oct 2026.
| # | Security | Sector / bucket | Side | Exposure |
|---|---|---|---|---|
| 01 | TREPS 01-Oct-2026 | — | — | 13.00% |
| 02 | Net Receivables / (Payables) | — | — | 10.08% |
| 03 | Reliance Industries Limited INE002A01018 | Petroleum Products | LONG | 9.39% |
| 04 | ICICI Bank Limited INE090A01021 | Banks | LONG | 8.31% |
| 05 | HDFC Bank Limited INE040A01034 | Banks | LONG | 8.10% |
| 06 | Bharti Airtel Limited INE397D01024 | Telecom - Services | LONG | 4.12% |
| 07 | State Bank of India INE062A01020 | Banks | LONG | 4.01% |
| 08 | 91 Days Tbill (MD 24/12/2026) IN002026X255 | Sovereign | LONG | 4.01% |
| 09 | Larsen & Toubro LimitedDerivative | Construction | LONG | 3.27% |
| 10 | HDFC Bank LimitedDerivative | Banks | SHORT | -3.06% |
| 11 | Reliance Industries LimitedDerivative | Petroleum Products | SHORT | -3.05% |
| 12 | ICICI Bank LimitedDerivative | Banks | SHORT | -2.87% |
| 13 | Axis Bank Limited INE238A01034 | Banks | LONG | 2.54% |
| 14 | HDFC Life Insurance Company Limited INE795G01014 | Insurance | LONG | 2.46% |
| 15 | Mahindra & Mahindra Limited INE101A01026 | Automobiles | LONG | 2.13% |
| 16 | Cartrade Tech Limited INE290S01011 | Retailing | LONG | 2.13% |
| 17 | Bajaj Finance Limited INE296A01032 | Finance | LONG | 2.10% |
| 18 | Hindustan Unilever Limited INE030A01027 | Diversified FMCG | LONG | 1.64% |
| 19 | Bharat Heavy Electricals Limited INE257A01026 | Electrical Equipment | LONG | 1.61% |
| 20 | Axis Bank LimitedDerivative | Banks | SHORT | -1.56% |
| 21 | State Bank of IndiaDerivative | Banks | SHORT | -1.56% |
| 22 | Adani Ports and Special Economic Zone Limited INE742F01042 | Transport Infrastructure | LONG | 1.45% |
| 23 | Eternal LimitedDerivative | Retailing | LONG | 1.29% |
| 24 | Maruti Suzuki India LimitedDerivative | Automobiles | LONG | 1.29% |
| 25 | Hitachi Energy India Limited INE07Y701011 | Electrical Equipment | LONG | 1.26% |
| 26 | Multi Commodity Exchange of India LimitedDerivative | Capital Markets | LONG | 1.25% |
| 27 | ITC Limited INE154A01025 | Diversified FMCG | LONG | 1.16% |
| 28 | Bosch LimitedDerivative | Auto Components | LONG | 1.11% |
| 29 | Tata Steel Limited INE081A01020 | Ferrous Metals | LONG | 1.08% |
| 30 | Kotak Mahindra Bank Limited INE237A01036 | Banks | LONG | 1.08% |
| 31 | Bharti Airtel LimitedDerivative | Telecom - Services | SHORT | -1.06% |
| 32 | SBI Life Insurance Company LimitedDerivative | Insurance | LONG | 1.03% |
| 33 | Bajaj Finance LimitedDerivative | Finance | SHORT | -1.03% |
| 34 | Tata Consultancy Services Limited INE467B01029 | IT - Software | LONG | 0.99% |
| 35 | Sun Pharmaceutical Industries Limited INE044A01036 | Pharmaceuticals & Biotechnology | LONG | 0.98% |
| 36 | Nestle India Limited INE239A01024 | Food Products | LONG | 0.96% |
| 37 | Adani Enterprises LimitedDerivative | Metals & Minerals Trading | LONG | 0.91% |
| 38 | Hindustan Copper Limited INE531E01026 | Non - Ferrous Metals | LONG | 0.89% |
| 39 | Dr. Reddy's Laboratories Limited INE089A01031 | Pharmaceuticals & Biotechnology | LONG | 0.81% |
| 40 | Inox Green Energy Services Limited INE510W01014 | Commercial Services & Supplies | LONG | 0.79% |
| 41 | Vishal Mega Mart Limited INE01EA01019 | Retailing | LONG | 0.77% |
| 42 | VA Tech Wabag Limited INE956G01038 | Other Utilities | LONG | 0.74% |
| 43 | Aster DM Quality Care Limited INE914M01019 | Healthcare Services | LONG | 0.72% |
| 44 | Coal India Limited INE522F01014 | Consumable Fuels | LONG | 0.71% |
| 45 | Mazagon Dock Shipbuilders Limited INE249Z01020 | Industrial Manufacturing | LONG | 0.71% |
| 46 | Samvardhana Motherson International Limited INE775A01035 | Auto Components | LONG | 0.69% |
| 47 | Hindalco Industries Limited INE038A01020 | Non - Ferrous Metals | LONG | 0.69% |
| 48 | Hyundai Motor India Ltd INE0V6F01027 | Automobiles | LONG | 0.66% |
| 49 | CG Power and Industrial Solutions LimitedDerivative | Electrical Equipment | LONG | 0.62% |
| 50 | Life Insurance Corporation Of India INE0J1Y01017 | Insurance | LONG | 0.57% |
| 51 | Hindustan Zinc LimitedDerivative | Non - Ferrous Metals | LONG | 0.56% |
| 52 | Minda Corporation Limited INE842C01021 | Auto Components | LONG | 0.54% |
| 53 | Central Depository Services (India) LimitedDerivative | Capital Markets | LONG | 0.54% |
| 54 | LG Electronics India Ltd INE324D01010 | Consumer Durables | LONG | 0.53% |
| 55 | Oil & Natural Gas Corporation Limited INE213A01029 | Oil | LONG | 0.53% |
| 56 | Hindustan Aeronautics Limited INE066F01020 | Aerospace & Defense | LONG | 0.52% |
| 57 | Emami Limited INE548C01032 | Personal Products | LONG | 0.51% |
| 58 | Bharat Forge Limited INE465A01025 | Auto Components | LONG | 0.51% |
| 59 | Manappuram Finance Limited INE522D01027 | Finance | LONG | 0.50% |
| 60 | Marico Limited INE196A01026 | Agricultural Food & other Products | LONG | 0.50% |
| 61 | Apollo Hospitals Enterprise Limited INE437A01024 | Healthcare Services | LONG | 0.48% |
| 62 | NIFTYDerivative | Index | LONG | 0.48% |
| 63 | National Stock Exchange Of India Ltd INE721I01024 | Capital Markets | LONG | 0.39% |
| 64 | Jyoti CNC Automation Ltd INE980O01024 | Industrial Manufacturing | LONG | 0.31% |
| 65 | Bandhan Bank Limited INE545U01014 | Banks | LONG | 0.30% |
| 66 | Paras Defence and Space Technologies Limited INE045601023 | Aerospace & Defense | LONG | 0.28% |
| 67 | NTPC Limited INE733E01010 | Power | LONG | 0.26% |
| 68 | Computer Age Management Services Limited INE596I01020 | Capital Markets | LONG | 0.26% |
| 69 | Max Healthcare Institute Limited INE027H01010 | Healthcare Services | LONG | 0.24% |
| 70 | ITC_27/10/2026_295_CEDerivative | Diversified FMCG | SHORT | -0.00% |
| 71 | M&M_27/10/2026_3400_CEDerivative | Automobiles | SHORT | -0.00% |
| 72 | MARUTI_27/10/2026_13500_CEDerivative | Automobiles | SHORT | -0.00% |
Aggregated from the disclosed cash-equity lines.
Reading this statement. 72 lines as printed by the AMC: 48 cash equity, 21 derivative, 2 money-market, 1 other. Long/Short is the AMC's own flag where the statement carries one, otherwise the sign of the printed quantity or percentage. Futures and options are often printed as exposure outside the 100% net-asset total, so the lines need not add up to 100. How to read derivative positions →
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. Short and written positions are shown as negative exposure. Holdings are historical and change without notice — this is not a recommendation to buy or sell any security.
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 fund manager has changed three times since July 2026. 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. From 1 October 2026 Ms. Ritika Chhabra replaced Mr. Alok Ranjan as fund manager (Notice cum Addendum No. 44/2026).
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.
What the fund house has changed by notice since the offer document was issued, newest first. The offer document may not show these yet; the notice governs. Each line links the notice itself.
| Before | After | |
|---|---|---|
| Fund manager | Alok Ranjan | Ritika Chhabra |
| Before | After | |
|---|---|---|
| Fund manager for overseas investments | Rajesh Bhatia | None named in the notice |
| Before | After | |
|---|---|---|
| Fund manager | Vasav Sahgal (resigned at close of business on 10 Jul 2026) | Alok Ranjan |
| Before | After | |
|---|---|---|
| Risk band | Level 3 of 5 | Level 5 of 5 |
| Before | After | |
|---|---|---|
| Risk band | Level 2 of 5 | Level 3 of 5 |
| Before | After | |
|---|---|---|
| Risk band | Level 5 of 5 | Level 2 of 5 |
| Before | After | |
|---|---|---|
| Risk band | Level 2 of 5 | Level 5 of 5 |
| Before | After | |
|---|---|---|
| Risk band | Level 5 of 5 | Level 2 of 5 |
| Before | After | |
|---|---|---|
| Minimum investment, accredited investors (PAN level, across Diviniti SIF) | Not set out in the strategy documents | ₹25,000 |
| SIP / SWP / STP instalments, accredited investors | Not set out in the strategy documents | SIP ₹5,000; SWP ₹10,000; STP ₹5,000 |
Applies to: Accredited investors only
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.
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 | |||||||
|---|---|---|---|---|---|---|---|---|
| — | Altiva Equity Long-Short Edelweiss | ₹10.7976 | ▲ 7.42% | — | — | ▲ 7.98% | 377 | 3 / 5 |
| — | Apex Equity Long-Short Aditya Birla SL | ₹10.37 | ▲ 4.64% | — | — | ▲ 3.70% | 125 | 2 / 5 |
| — | Arthaya Equity Long-Short Union | ₹10.2329 | ▲ 5.22% | ▲ 1.16% | — | ▲ 2.33% | 131 | 1 / 5 |
| — | Arudha Equity Long-Short Bandhan | ₹10.38 | ▲ 3.07% | ▼ 1.52% | ▲ 0.86% | ▲ 3.80% | 133 | 5 / 5 |
| — | Diviniti Equity Long-Short ITI | ₹900.3562 | ▲ 3.36% | ▼ 4.51% | ▼ 4.99% | ▼ 9.96% | 246 | 5 / 5 |
| — | DynaSIF Equity Long-Short 360 ONE | ₹10.3795 | ▲ 1.87% | ▼ 3.41% | ▲ 0.10% | ▲ 3.79% | 404 | 5 / 5 |
| — | iSIF Equity Long-Short ICICI Prudential | ₹10.6 | ▼ 0.47% | ▼ 0.47% | — | ▲ 6.00% | 790 | 5 / 5 |
| — | MSIF Equity Long-Short Mahindra Manulife | ₹10.3132 | — | — | — | ▲ 3.13% | — | 5 / 5 |
| — | qSIF Equity Long-Short Quant | ₹11.1935 | ▲ 2.86% | ▲ 0.62% | ▲ 9.64% | ▲ 11.94% | 1,018 | 3 / 5 |
| — | Sapphire Equity Long-Short Franklin Templeton | ₹1005.2144 | ▲ 5.03% | ▼ 1.91% | ▼ 0.56% | ▲ 0.52% | 211 | 5 / 5 |
| — | Summit Equity Long-Short Fund Invesco | ₹10.76 | ▲ 4.87% | ▲ 4.47% | — | ▲ 7.60% | 376 | 5 / 5 |
| — | Titanium Equity Long-Short Tata | ₹10.5453 | ▲ 3.44% | ▼ 0.05% | — | ▲ 5.45% | 344 | 5 / 5 |
| — | WSIF Equity Long-Short The Wealth Company | ₹10.4518 | ▲ 3.78% | ▼ 2.37% | — | ▲ 4.52% | 42 | 5 / 5 |
| Official AMFI NAVs as of 6 Nov 2026, in name order. Absolute returns, not annualised, Regular plan · Growth. Past performance may or may not be sustained in future. This table refreshes in your browser with the latest figures and can be sorted. | ||||||||
“—” 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 from each fund house's latest portfolio statement, risk level from Value Research.
Fund house: all Diviniti SIF strategies and managers.
Compare Diviniti Equity Long-Short with: Arthaya Equity Long-Short · Arudha Equity Long-Short · DynaSIF Equity Long-Short · Sapphire Equity Long-Short · Titanium Equity Long-Short · WSIF Equity Long-Short · iSIF Equity Long-Short · qSIF Equity Long-Short.
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 SIF 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 our monthly SIF Performance Report.
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.
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.
M.Sc. in Economics. Senior Fund Manager – Equity at Edelweiss Life Insurance from July 2023 to September 2026; earlier a senior portfolio strategist in the PMS team at PL Asset Management.
Updated for ITI Notice cum Addendum No. 44/2026: Ms. Ritika Chhabra replaced Mr. Alok Ranjan from 1 October 2026. Every change is in the SIF changes log.
Plain-English guides, each sourced to SEBI’s rules. They explain how SIFs work; they do not say whether one suits you.
A short note when a new SIF opens for subscription, and MeraSIF Monthly on the first working day of each month. Free.