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
Invests across equity and debt within SEBI-defined bands, using derivatives both to hedge and to take short positions. Unhedged short exposure is capped at 25% of net assets. The most common SIF flavour, usually positioned as a balanced-advantage alternative.
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 DEPO 10 INCBLO011026 | — | — | 36.65% |
| 02 | ESDS Software Solution Limited INE0DRI01029 | IT - Services | LONG | 12.74% |
| 03 | Capri Global Capital Ltd CP 28-Jan-2027 INE180C14AA1 | — | LONG | 9.53% |
| 04 | NCA-NET CURRENT ASSETS | — | — | -7.32% |
| 05 | IRB InvIT Fund (InvIT) INE183W23014 | Transport Infrastructure | LONG | 6.92% |
| 06 | 91 Days Treasury Bill 31-Dec-2026 IN002026X263 | — | LONG | 5.95% |
| 07 | Gujarat Themis Biosyn Ltd INE942C01045 | Pharmaceuticals & Biotechnology | LONG | 3.36% |
| 08 | Indegene Limited INE065X01017 | Healthcare Services | LONG | 3.20% |
| 09 | Moneyview Limited INE0PTN01011 | — | LONG | 2.68% |
| 10 | Multi Commodity Exchange of India Ltd.Future INE745G01043 | Capital Markets | LONG | 2.49% |
| 11 | Coal India Ltd.Future INE522F01014 | Consumable Fuels | LONG | 2.45% |
| 12 | Welspun Enterprises Limited INE625G01013 | Construction | LONG | 2.34% |
| 13 | SIDBI CD 27-Oct-2026 INE556F16BN1 | — | LONG | 2.25% |
| 14 | ICICI Prudential AMC Ltd INE346A01027 | Capital Markets | LONG | 2.13% |
| 15 | Caliber Mining and Logistics Limited INE11XY01018 | Consumable Fuels | LONG | 1.89% |
| 16 | India Grid Trust (InvIT) INE219X23014 | Power | LONG | 1.74% |
| 17 | Glaxosmithkline Pharmaceuticals Ltd INE159A01016 | Pharmaceuticals & Biotechnology | LONG | 1.68% |
| 18 | Bagmane Prime Office REIT INE2OVN25015 | Realty | LONG | 1.64% |
| 19 | Nestle India Ltd.Future INE239A01024 | Food Products | SHORT | -1.48% |
| 20 | SIDBI CD 25-Mar-2027 INE556F16CD0 | — | LONG | 1.46% |
| 21 | 6.28% GOI 14-July-2032 IN0020250059 | — | LONG | 1.45% |
| 22 | 364 Days Treasury Bill 05-Aug-2027 IN002026Z185 | — | LONG | 1.44% |
| 23 | Canara Bank CD 29-Jun-2027 INE476A16K22 | — | LONG | 1.43% |
| 24 | Sonata Software Limited INE269A01021 | IT - Software | LONG | 1.43% |
| 25 | Prabha Energy Limited INE0I0M01023 | Oil | LONG | 1.42% |
| 26 | Glenmark Pharmaceuticals Ltd.Future INE935A01035 | Pharmaceuticals & Biotechnology | LONG | 1.12% |
| 27 | Aequs Ltd INE947N01017 | Aerospace & Defense | LONG | 1.04% |
| 28 | 364 Days Treasury Bill 12-Nov-2026 IN002025Z336 | — | LONG | 0.75% |
| 29 | 364 Days Treasury Bill 06-May-2027 IN002026Z052 | — | LONG | 0.73% |
| 30 | Laurus Labs Ltd.Future INE947Q01028 | Pharmaceuticals & Biotechnology | SHORT | -0.72% |
| 31 | Raajmarg Infra Investment Trust (InvIT) INE2PB023011 | Transport Infrastructure | LONG | 0.64% |
| 32 | 91 Days Treasury Bill 10-Dec-2026 IN002026X230 | — | LONG | 0.60% |
| 33 | Cube Highways Trust InvIT INE0NR623014 | Transport Infrastructure | LONG | 0.21% |
Aggregated from the disclosed cash-equity lines.
Reading this statement. 33 lines as printed by the AMC: 12 cash equity, 5 derivative, 1 debt, 9 money-market, 6 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.
The strategy holds a minimum of 25% each in equity and in debt, with the balance moving between the two, and may run unhedged short exposure of up to 25% through equity and debt derivatives.
A genuinely two-sided allocation. Under normal circumstances the ISID sets 25-75% of total assets in equity and equity-related instruments, 25-75% in debt and money market instruments, and 0-20% in REITs and InvITs. Neither sleeve can fall below a quarter of the portfolio. Source: ISID Part II.A, https://www.qsif.com/Admin/SIDPdf/ISID-qsif_Hybrid_Long-Short_Fund.pdf
Shorting can be applied to both asset classes. The ISID describes the strategy as an interval investment strategy investing in equity and debt securities including limited short exposure in equity and debt through derivatives. The indicative exposure table permits derivatives for non-hedging purposes of up to 50% long and unhedged short exposure of up to 25%, with cumulative gross exposure capped at 100% of net assets. Source: ISID Section I Part I item III and Part II.A.
It is an interval strategy, so redemption is not daily. Subscription is accepted daily on Business Days, but redemption is only every Tuesday and Wednesday of the week (moving to the next business day if either is a non-business day). Investors holding units in demat form may transact between redemption windows on the NSE or other exchanges where the strategy is listed, bearing the brokerage themselves. Source: ISID Section I Part I items VI, VIII and IX.
Overseas investment is switched off for now. The ISID states that the strategy shall not invest in overseas securities until the AMC appoints a dedicated fund manager to invest in overseas securities, in line with the applicable SEBI Master Circular clause. Source: ISID Part II.E.
Entry threshold is the SEBI SIF floor. Minimum investment is Rs 10,00,000 during the NFO and on a continuous basis, in multiples of Re 1, with Rs 1,00,000 for accredited investors. The ISID notes the minimum does not apply to existing qsif investors, who may instead use the Rs 10,000 minimum additional purchase, because the SEBI SIF requirement is an aggregate Rs 10 lakh at PAN level across all strategies of the SIF. Source: ISID Section I Part I items XIV-XV.
Sources: Quant/qsif — ISID (Investment Strategy Information Document) · Quant/qsif — Factsheet, July 2026 (strategy page 18) · Quant/qsif — scheme page · Quant/qsif — downloads / KIM index. 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 | |
|---|---|---|
| Exit load | 1% if redeemed or switched out on or before 15 days from allotment; nil after | 3% if redeemed or switched out on or before 30 days from allotment; nil after |
Applies to: Investments made on or after 11 Sep 2026
| Before | After | |
|---|---|---|
| Minimum additional purchase | ₹10,000 | ₹1,000 |
| Minimum SIP, SWP and STP instalment (6 instalments minimum) | ₹10,000 | ₹1,000 |
| SIP pause facility | Not offered | SIP can be paused for up to 3 months |
Applies to: The ₹10 lakh minimum investment is unchanged
| Before | After | |
|---|---|---|
| Risk band — qsif Hybrid Long-Short (portfolio as on 30 Apr 2026) | Level 2 of 5 | Level 3 of 5 |
| Before | After | |
|---|---|---|
| Fund managers (all three strategies) | Sandeep Tandon, Ankit Pande, Lokesh Garg, Sameer Kate, Sanjeev Sharma | Sandeep Tandon, Ankit Pande, Sameer Kate, Sanjeev Sharma, Jignesh Shah |
| Before | After | |
|---|---|---|
| Risk band — qsif Hybrid Long-Short (portfolio as on 31 Jan 2026) | Level 3 of 5 | Level 2 of 5 |
| Before | After | |
|---|---|---|
| Risk band — qsif Hybrid Long-Short (portfolio as on 31 Dec 2025) | Level 5 of 5 | Level 3 of 5 |
| Benchmark risk band — NIFTY 50 Hybrid Composite Debt 50:50 Index | Level 5 of 5 | Level 2 of 5 |
Everything on this page traces back to a document Quant published. Here they are, so you can read the primary source yourself rather than take our word for it.
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 | |||||||
|---|---|---|---|---|---|---|---|---|
| — | Altiva Hybrid Long-Short Edelweiss | ₹10.977 | ▲ 0.30% | ▲ 0.08% | ▲ 4.11% | ▲ 9.77% | 11,231 | 1 / 5 |
| — | Apex Hybrid Long-Short Aditya Birla SL | ₹10.8831 | ▲ 1.28% | ▲ 2.35% | ▲ 7.97% | ▲ 8.83% | 354 | 1 / 5 |
| — | Arudha Hybrid Long-Short Bandhan | ₹10.439 | ▲ 0.41% | ▲ 0.75% | ▲ 3.02% | ▲ 4.39% | 158 | 1 / 5 |
| — | Infinity Hybrid Long-Short Kotak Mahindra | ₹10.495 | ▲ 1.22% | ▲ 2.80% | — | ▲ 4.95% | 2,995 | 1 / 5 |
| — | iSIF Hybrid Long-Short ICICI Prudential | ₹10.6585 | ▲ 3.06% | ▲ 0.09% | ▲ 6.44% | ▲ 6.59% | 1,557 | 5 / 5 |
| — | Magnum Hybrid Long-Short SBI | ₹10.4411 | ▲ 1.27% | ▼ 0.49% | ▲ 2.15% | ▲ 4.41% | 3,982 | 1 / 5 |
| — | Platinum Hybrid Long-Short Mirae Asset | ₹10.211 | ▲ 1.74% | ▲ 0.01% | — | ▲ 2.11% | 385 | 1 / 5 |
| — | Prism Hybrid Long-Short Fund Jio BlackRock | ₹10.2684 | ▲ 0.57% | ▲ 1.60% | — | ▲ 2.68% | 459 | 2 / 5 |
| — | qSIF Hybrid Long-Short Quant | ₹12.7263 | ▼ 1.03% | ▲ 15.65% | ▲ 20.78% | ▲ 27.26% | 663 | 3 / 5 |
| — | RedHex Hybrid Long-Short HSBC | ₹10.2748 | ▲ 0.49% | ▲ 1.48% | — | ▲ 2.75% | 1,504 | 2 / 5 |
| — | Titanium Hybrid Long-Short Tata | ₹10.3557 | ▲ 4.73% | ▲ 1.77% | ▲ 3.76% | ▲ 3.56% | 541 | 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.
Other SIFs from Quant: qSIF Active Asset Allocator · qSIF Equity Ex-Top 100 · qSIF Equity Long-Short · qSIF Sector Rotation Long-Short
Fund house: all qSIF strategies and managers.
Compare qSIF Hybrid Long-Short with: Altiva Hybrid Long-Short · Apex Hybrid Long-Short · Arudha Hybrid Long-Short · Infinity Hybrid Long-Short · Magnum Hybrid Long-Short · Platinum Hybrid Long-Short · RedHex Hybrid Long-Short · Titanium Hybrid Long-Short · iSIF Hybrid Long-Short.
Invests across equity and debt within SEBI-defined bands, using derivatives both to hedge and to take short positions. Unhedged short exposure is capped at 25% of net assets. The most common SIF flavour, usually positioned as a balanced-advantage alternative.
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.
Mr. Lokesh Garg, named at launch, resigned with effect from 20 February 2026 and was replaced by Mr. Jignesh Shah (qsif Notice cum Addendum No. 04/2026). 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.