What is a Specialized Investment Fund (SIF) in India?

A Specialized Investment Fund (SIF) is a new SEBI-regulated investment vehicle launched in 2025, designed for sophisticated investors with a minimum investment of Rs 10 lakh. SIFs can use strategies like long-short equity, derivatives and alternative approaches not available in regular mutual funds.

How is SIF NAV different from mutual fund NAV?

SIF NAV is calculated and published daily like mutual fund NAV, but SIF schemes use more complex strategies including long-short positions. Some SIFs launched with a base NAV of Rs 1000 per unit instead of the standard Rs 10.

Who can invest in a Specialized Investment Fund?

SIFs are designed for sophisticated investors. The minimum investment amount is Rs 10 lakh per scheme. They are not suitable for first-time or conservative investors due to the use of complex strategies including short selling and derivatives.

Updated 01 Oct 2026 · Direct Plan · Growth Option

SIF Returns — Specialized Investment Funds India

Daily NAV and returns for 33 SIF Direct Growth schemes in India. Since inception, 1-month, 1-week and 1-day returns — updated every trading day.

SIF (Specialized Investment Fund) is a SEBI-regulated investment category launched in 2025 for sophisticated investors (minimum Rs 10 lakh). These funds use long-short equity and hybrid strategies not available in regular mutual funds. This page tracks all 33 active Direct Plan Growth SIF schemes with daily NAV updates.

33 Regular Growth SIF schemes · Sorted by since inception return

	Fund Name	Latest NAV	1D	1W	1M	Since Inception
▸	qsif Hybrid Long-Short Fund qsif SIF Hybrid Long-Short	₹13.0713 01 Oct 2026	+0.49%	-2.18%	+17.00%	+30.71%
Since Inception +30.71% Launch NAV ₹10.0002 Launch Date 20 Oct 2025 Strategy Hybrid Long-Short qsif SIF ISIN INF966L30076 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	qsif Active Asset Allocator Long-Short Fund qsif SIF Long-Short	₹13.0262 01 Oct 2026	-0.74%	-2.84%	+12.50%	+30.26%
Since Inception +30.26% Launch NAV ₹10.0002 Launch Date 24 Apr 2026 Strategy Long-Short qsif SIF ISIN INF966L30241 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	qsif Equity Ex-Top 100 Long-Short Fund qsif SIF Equity Ex-Top 100	₹11.3619 01 Oct 2026	-0.67%	-1.93%	-1.75%	+13.62%
Since Inception +13.62% Launch NAV ₹9.9999 Launch Date 13 Nov 2025 Strategy Equity Ex-Top 100 qsif SIF ISIN INF966L30159 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	DynaSIF Equity Ex-Top 100 Long - Short Fund DynaSIF SIF Equity Ex-Top 100	₹11.1044 01 Oct 2026	-0.91%	-1.74%	+0.79%	+11.04%
Since Inception +11.04% Launch NAV ₹10.0004 Launch Date 29 Jun 2026 Strategy Equity Ex-Top 100 DynaSIF SIF ISIN INF579M30166 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Altiva Hybrid Long-Short Fund Altiva SIF Hybrid Long-Short	₹11.0006 01 Oct 2026	-0.43%	-1.05%	-1.05%	+10.01%
Since Inception +10.01% Launch NAV ₹9.9996 Launch Date 24 Oct 2025 Strategy Hybrid Long-Short Altiva SIF ISIN INF754K30011 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	qsif Equity Long Short Fund qsif SIF Equity Long-Short	₹10.9722 01 Oct 2026	-0.58%	-1.23%	-2.21%	+9.72%
Since Inception +9.72% Launch NAV ₹10.0002 Launch Date 08 Oct 2025 Strategy Equity Long-Short qsif SIF ISIN INF966L30019 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Apex Hybrid Long-Short Fund Apex SIF Hybrid Long-Short	₹10.7690 01 Oct 2026	-0.12%	-0.32%	-0.07%	+7.69%
Since Inception +7.69% Launch NAV ₹10.0000 Launch Date 30 Mar 2026 Strategy Hybrid Long-Short Apex SIF ISIN INF209K30016 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Altiva Equity Ex- Top 100 Long - Short Fund Altiva SIF Equity Long-Short	₹10.5665 01 Oct 2026	-1.07%	-2.72%	-5.21%	+5.67%
Since Inception +5.67% Launch NAV ₹9.9995 Launch Date 10 Jun 2026 Strategy Equity Long-Short Altiva SIF ISIN INF754K30094 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	iSIF Equity Long-Short Fund iSIF SIF Equity Long-Short	₹10.5100 01 Oct 2026	-0.76%	-2.32%	-3.04%	+5.10%
Since Inception +5.10% Launch NAV ₹10.0000 Launch Date 08 Jun 2026 Strategy Equity Long-Short iSIF SIF ISIN INF109K30083 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	DynaSIF Active Asset Allocator Long- Short Fund DynaSIF SIF Long-Short	₹10.4414 01 Oct 2026	-0.44%	-0.95%	-0.91%	+4.41%
Since Inception +4.41% Launch NAV ₹10.0004 Launch Date 30 Mar 2026 Strategy Long-Short DynaSIF SIF ISIN INF579M30109 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Arudha Hybrid Long-Short Fund Arudha SIF Hybrid Long-Short	₹10.4150 01 Oct 2026	-0.03%	+0.00%	+0.12%	+4.15%
Since Inception +4.15% Launch NAV ₹10.0000 Launch Date 04 Feb 2026 Strategy Hybrid Long-Short Arudha SIF ISIN INF194K30184 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Magnum Hybrid Long Short Fund Magnum SIF Hybrid Long-Short	₹10.3424 01 Oct 2026	-0.34%	-1.15%	-2.45%	+3.42%
Since Inception +3.42% Launch NAV ₹10.0004 Launch Date 29 Oct 2025 Strategy Hybrid Long-Short Magnum SIF ISIN INF200K30049 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	iSIF Hybrid Long-Short Fund iSIF SIF Hybrid Long-Short	₹10.3373 01 Oct 2026	-0.70%	-1.62%	-3.18%	+3.37%
Since Inception +3.37% Launch NAV ₹10.0003 Launch Date 05 Feb 2026 Strategy Hybrid Long-Short iSIF SIF ISIN INF109K30026 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	INFINITY HYBRID LONG-SHORT FUND Infinity SIF Hybrid Long-Short	₹10.3320 01 Oct 2026	-0.35%	-0.46%	-0.11%	+3.32%
Since Inception +3.32% Launch NAV ₹10.0000 Launch Date 09 Jul 2026 Strategy Hybrid Long-Short Infinity SIF ISIN INF174K30012 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	qsif Sector Rotation Long-Short Fund qsif SIF Long-Short	₹10.3078 01 Oct 2026	+0.03%	-1.50%	-0.11%	+3.08%
Since Inception +3.08% Launch NAV ₹9.9998 Launch Date 18 May 2026 Strategy Long-Short qsif SIF ISIN INF966L30274 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	WSIF Equity Ex-Top 100 Long-Short Fund WSIF Equity Ex-Top 100	₹10.2714 01 Oct 2026	-1.08%	-3.43%	-4.96%	+2.71%
Since Inception +2.71% Launch NAV ₹10.0004 Launch Date 11 May 2026 Strategy Equity Ex-Top 100 WSIF ISIN INF2F0030049 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	iSIF Active Asset Allocator Long-Short Fund iSIF SIF Long-Short	₹10.2655 01 Oct 2026	-0.33%	-1.08%	-1.72%	+2.65%
Since Inception +2.65% Launch NAV ₹10.0005 Launch Date 08 Jun 2026 Strategy Long-Short iSIF SIF ISIN INF109K30067 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Prism Hybrid Long-Short Fund Prism SIF Hybrid Long-Short	₹10.2312 01 Oct 2026	-0.15%	-0.26%	+0.44%	+2.31%
Since Inception +2.31% Launch NAV ₹10.0002 Launch Date 23 Jul 2026 Strategy Hybrid Long-Short Prism SIF ISIN INF22M030027 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	RedHex Hybrid Long-Short Fund RedHex SIF Hybrid Long-Short	₹10.2267 01 Oct 2026	-0.23%	-0.11%	+0.23%	+2.27%
Since Inception +2.27% Launch NAV ₹9.9997 Launch Date 25 Jun 2026 Strategy Hybrid Long-Short RedHex SIF ISIN INF336L30049 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Titanium Equity Long-Short Fund Direct Growth Titanium SIF Equity Long-Short	₹10.1786 01 Oct 2026	-0.70%	-2.38%	-3.94%	+1.79%
Since Inception +1.79% Launch NAV ₹9.9996 Launch Date 20 May 2026 Strategy Equity Long-Short Titanium SIF ISIN INF277K30104 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	DynaSIF Equity Long - Short Fund DynaSIF SIF Equity Long-Short	₹10.1507 01 Oct 2026	-0.84%	-2.30%	-4.82%	+1.51%
Since Inception +1.51% Launch NAV ₹9.9997 Launch Date 27 Feb 2026 Strategy Equity Long-Short DynaSIF SIF ISIN INF579M30042 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Arudha Equity Long-Short Fund Arudha SIF Equity Long-Short	₹10.1170 01 Oct 2026	-0.52%	-1.73%	-4.16%	+1.17%
Since Inception +1.17% Launch NAV ₹10.0000 Launch Date 30 Mar 2026 Strategy Equity Long-Short Arudha SIF ISIN INF194K30523 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Summit Equity Long-Short Fund SUMMIT SIF Equity Long-Short	₹10.1100 01 Oct 2026	-0.69%	-2.88%	-4.08%	+1.10%
Since Inception +1.10% Launch NAV ₹10.0000 Launch Date 24 Jul 2026 Strategy Equity Long-Short SUMMIT SIF ISIN INF205K30048 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	iSIF Equity Ex-Top 100 Long-Short Fund iSIF SIF Equity Ex-Top 100	₹10.1000 01 Oct 2026	-0.79%	-2.13%	-3.26%	+1.00%
Since Inception +1.00% Launch NAV ₹10.0000 Launch Date 05 Feb 2026 Strategy Equity Ex-Top 100 iSIF SIF ISIN INF109K30042 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Platinum Hybrid Long-Short Fund Platinum SIF Hybrid Long-Short	₹10.0690 01 Oct 2026	-0.24%	-0.70%	-1.46%	+0.69%
Since Inception +0.69% Launch NAV ₹10.0000 Launch Date 11 Jun 2026 Strategy Hybrid Long-Short Platinum SIF ISIN INF769K30043 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	WSIF Equity Long-Short Fund WSIF Equity Long-Short	₹10.0393 01 Oct 2026	-0.90%	-3.03%	-5.05%	+0.39%
Since Inception +0.39% Launch NAV ₹10.0003 Launch Date 11 May 2026 Strategy Equity Long-Short WSIF ISIN INF2F0030106 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Apex Equity Ex-Top 100 Long-short Fund Apex SIF Equity Ex-Top 100	₹9.9900 01 Oct 2026	+0.40%	-0.20%	-0.20%	-0.10%
Since Inception -0.10% Launch NAV ₹10.0000 Launch Date 01 Sep 2026 Strategy Equity Ex-Top 100 Apex SIF ISIN INF209K30073 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Titanium Hybrid Long-Short Fund Titanium SIF Hybrid Long-Short	₹9.9539 01 Oct 2026	-0.60%	-1.83%	-3.15%	-0.46%
Since Inception -0.46% Launch NAV ₹9.9999 Launch Date 17 Dec 2025 Strategy Hybrid Long-Short Titanium SIF ISIN INF277K30047 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Apex Equity Long-short Fund Apex SIF Equity Long-Short	₹9.8200 01 Oct 2026	+0.00%	-0.71%	-1.90%	-1.80%
Since Inception -1.80% Launch NAV ₹10.0000 Launch Date 01 Sep 2026 Strategy Equity Long-Short Apex SIF ISIN INF209K30099 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Arthaya Equity Long Short Fund Arthaya SIF Equity Long-Short	₹9.7684 01 Oct 2026	+0.07%	-0.11%	-2.13%	-2.32%
Since Inception -2.32% Launch NAV ₹10.0004 Launch Date 29 May 2026 Strategy Equity Long-Short Arthaya SIF ISIN INF582M30046 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Magnum Equity Ex-Top 100 Long Short Fund Magnum SIF Equity Ex-Top 100	₹9.7372 01 Oct 2026	-0.89%	-1.89%	—	-2.63%
Since Inception -2.63% Launch NAV ₹10.0002 Launch Date 02 Sep 2026 Strategy Equity Ex-Top 100 Magnum SIF ISIN INF200K30106 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Sapphire Equity Long-Short SIF Sapphire SIF Equity Long-Short	₹953.5620 01 Oct 2026	-0.96%	-2.74%	-5.91%	-4.64%
Since Inception -4.64% Launch NAV ₹999.9602 Launch Date 29 Apr 2026 Strategy Equity Long-Short Sapphire SIF ISIN INF090I30048 Regular Plan · Growth Min Investment Rs 10 Lakh
▸	Diviniti Equity Long Short Fund Diviniti SIF Equity Long-Short	₹875.0134 01 Oct 2026	-0.73%	-2.83%	-6.52%	-12.50%
Since Inception -12.50% Launch NAV ₹1,000.0153 Launch Date 03 Dec 2025 Strategy Equity Long-Short Diviniti SIF ISIN INF00XX30043 Regular Plan · Growth Min Investment Rs 10 Lakh

Since Inception return is calculated from the first available NAV date in the data. 1M, 1W and 1D returns use the nearest available trading day. NAV data sourced from SEBI-regulated SIF disclosures via tigzig.com, updated daily. All returns are absolute, not annualised. Minimum investment in SIF is Rs 10 lakh per scheme.

🗓️ Updated 01 Oct 2026

What Are Specialized Investment Funds and How Do They Work?

Specialized Investment Funds (SIFs) are a new SEBI-regulated category introduced in 2025, positioned between mutual funds and Portfolio Management Services (PMS). SIFs can employ complex strategies including long-short equity, derivatives overlay and alternative approaches. The minimum investment per scheme is Rs 10 lakh, making them accessible only to sophisticated investors. Unlike regular mutual funds, SIF managers have wider latitude in portfolio construction.

Currently active SIF AMCs include qsif SIF, Altiva SIF, Magnum SIF, Diviniti SIF and Titanium SIF. All schemes publish daily NAV like mutual funds. Returns shown here are absolute since inception — SIFs are too new for 1-year or longer CAGR calculations.

Frequently Asked Questions About SIF Returns

What is a Specialized Investment Fund (SIF)?

A Specialized Investment Fund is a SEBI-regulated investment vehicle launched in 2025 that bridges the gap between mutual funds and PMS. SIFs can use long-short strategies, derivatives and other approaches. Minimum investment is Rs 10 lakh per scheme.

Why are only since inception, 1M, 1W and 1D returns shown?

All SIF schemes launched in late 2025, so they do not yet have 1-year or longer track records. Once schemes complete one full year, annual returns will be added to this page.

Why does Diviniti SIF show NAV around Rs 1000?

Diviniti SIF launched with a face value of Rs 1000 per unit instead of the standard Rs 10. The percentage returns are calculated correctly — only the raw NAV number appears higher than other funds.

Where does this SIF NAV data come from?

SIF NAV data is sourced from SEBI-regulated daily disclosures, aggregated by tigzig.com and updated on RightAdvise every morning. The data reflects the previous trading day's published NAV.