Altiva Hybrid Long-Short Fund vs iSIF Hybrid Long-Short Fund
Altiva Hybrid Long-Short Fund from Edelweiss Mutual Fund and iSIF Hybrid Long-Short Fund from ICICI Prudential Mutual Fund, compared on NAV, returns, size, costs and portfolio — every figure from AMFI's NAV feed or the AMC's own factsheet.
How the two funds differ
NAV data as of 13 Nov 2026
- Altiva Hybrid Long-Short Fund is the larger fund, with ₹12,248 Cr in disclosed assets against ₹1,667 Cr for iSIF Hybrid Long-Short Fund — about 7.3 times the size.
- Altiva Hybrid Long-Short Fund launched first, on 20 Oct 2025; iSIF Hybrid Long-Short Fund followed on 04 Feb 2026, about 4 months later. Since-inception returns therefore cover different periods and are not directly comparable.
- Over the past six months, iSIF Hybrid Long-Short Fund returned +11.00% and Altiva Hybrid Long-Short Fund returned +4.99% (Direct plan).
- Altiva Hybrid Long-Short Fund has the lower Direct-plan expense ratio, 0.54% against 0.65% for iSIF Hybrid Long-Short Fund.
- They use different benchmarks: Altiva Hybrid Long-Short Fund is measured against NIFTY 50 Hybrid Composite Debt 50:50 Index, iSIF Hybrid Long-Short Fund against CRISIL Hybrid 50+50 Moderate Index.
Side by side
Switch between Direct and Regular plans in the header, or pick two dates to compare returns over the same period. A dash means the AMC has not disclosed that figure yet.
| Altiva Hybrid Long-Short Fund Edelweiss Mutual Fund | iSIF Hybrid Long-Short Fund ICICI Prudential Mutual Fund | |
|---|---|---|
| Category | Hybrid Long-Short | Hybrid Long-Short |
| Status | Active | Active |
| Direct NAV | 11.1257 | 10.9136 |
| 1M Return | +0.67% | +5.14% |
| 1Y Return | +10.33% | — |
| Since Inception | +11.14% | +8.94% |
| AUM | ₹12,248 Cr | ₹1,667 Cr |
| Minimum Investment | ₹10,00,000 | ₹10,00,000 |
| Expense Ratio | 0.54% | 0.65% |
| Exit Load | 0.50% if redeemed/switched out within 30 days of allotment; nil thereafter | 1% of applicable NAV if redeemed or switched out within 1 month from allotment; NIL thereafter |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | CRISIL Hybrid 50+50 Moderate Index |
| Risk-o-meter | Band 1 of 5 (Lower Risk) | Band 5 of 5 (Higher Risk) |
| Launch Date | 20 Oct 2025 | 04 Feb 2026 |
| Fund Managers | Bhavesh Jain, Bharat Lahoti, Dhawal Dalal, Kedar Karnik, Amit Vora | Rajat Chandak, Ayush Shah, Manish Banthia, Akhil Kakkar |
Open the full page for Altiva Hybrid Long-Short Fund or iSIF Hybrid Long-Short Fund for NAV history, holdings and the AMC factsheet, or add a third fund to this comparison.
Holdings in common
1 position appears in the disclosed top holdings of both funds. This compares only the top holdings each AMC publishes (Altiva Hybrid Long-Short Fund: 31 Oct 2026; iSIF Hybrid Long-Short Fund: 31 Oct 2026), not the complete portfolios, so the real overlap may be higher.
| Holding | Sector | Edelweiss MF weight | ICICI Pru MF weight |
|---|---|---|---|
| HDFC Bank Ltd. | — | 1.75% | 2.60% |
Altiva Hybrid Long-Short Fund vs iSIF Hybrid Long-Short Fund: common questions
What is the difference between Altiva Hybrid Long-Short Fund and iSIF Hybrid Long-Short Fund?
Both are Hybrid Long-Short Specialized Investment Funds (SIFs), so they follow the same SEBI strategy category. Altiva Hybrid Long-Short Fund is run by Edelweiss Mutual Fund and iSIF Hybrid Long-Short Fund by ICICI Prudential Mutual Fund; they differ in size, launch date, costs, portfolio and fund managers, all shown in the table on this page.
What is the latest NAV of Altiva Hybrid Long-Short Fund and iSIF Hybrid Long-Short Fund?
The latest Direct-plan NAV of Altiva Hybrid Long-Short Fund is ₹11.1257 (13 Nov 2026), and of iSIF Hybrid Long-Short Fund is ₹10.9136 (13 Nov 2026). A higher NAV does not mean a better fund — it mainly reflects how long the scheme has been running.
Which is bigger, Altiva Hybrid Long-Short Fund or iSIF Hybrid Long-Short Fund?
Altiva Hybrid Long-Short Fund is larger by disclosed assets under management, at ₹12,248 Cr, compared with ₹1,667 Cr for iSIF Hybrid Long-Short Fund. Figures are the latest each AMC has disclosed.
Which has the lower expense ratio, Altiva Hybrid Long-Short Fund or iSIF Hybrid Long-Short Fund?
Altiva Hybrid Long-Short Fund has a Direct-plan expense ratio of 0.54% and iSIF Hybrid Long-Short Fund of 0.65%, as stated in each AMC's factsheet. Regular plans cost more than Direct plans.
What is the minimum investment in Altiva Hybrid Long-Short Fund and iSIF Hybrid Long-Short Fund?
Both require a minimum investment of ₹10,00,000. SEBI sets a ₹10 lakh minimum across all SIF strategies of an AMC for non-accredited investors.
Which is better, Altiva Hybrid Long-Short Fund or iSIF Hybrid Long-Short Fund?
SIF India does not rank one above the other or give investment advice. Which suits you depends on your goals, time horizon and risk tolerance. Both are new schemes with a short track record, and past performance does not indicate future returns. Read each scheme's offer document and consider speaking to a SEBI-registered adviser before investing.
More comparisons
Altiva Hybrid Long-Short Fund vs
iSIF Hybrid Long-Short Fund vs
See every scheme in this category on the Hybrid Long-Short SIF Funds page. New to SIFs? Start with what a Specialised Investment Fund is, or read Best Hybrid Long-Short SIF Funds in India, Best SIF Funds in India: How to Actually Compare Them and SIF vs. Mutual Fund vs. PMS vs. AIF.
This comparison is factual information, not investment advice or a recommendation of either scheme. Past performance does not indicate future returns.