iSIF Hybrid Long-Short Fund vs Prism Hybrid Long-Short Fund
iSIF Hybrid Long-Short Fund from ICICI Prudential Mutual Fund and Prism Hybrid Long-Short Fund from Jio BlackRock 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
- iSIF Hybrid Long-Short Fund is the larger fund, with ₹1,667 Cr in disclosed assets against ₹179 Cr for Prism Hybrid Long-Short Fund — about 9.3 times the size.
- iSIF Hybrid Long-Short Fund launched first, on 04 Feb 2026; Prism Hybrid Long-Short Fund followed on 17 Jul 2026, about 5 months later. Since-inception returns therefore cover different periods and are not directly comparable.
- Over the past three months, iSIF Hybrid Long-Short Fund returned +1.82% and Prism Hybrid Long-Short Fund returned +1.76% (Direct plan).
- Prism Hybrid Long-Short Fund has the lower Direct-plan expense ratio, 0.40% against 0.65% for iSIF Hybrid Long-Short Fund.
- They use different benchmarks: iSIF Hybrid Long-Short Fund is measured against CRISIL Hybrid 50+50 Moderate Index, Prism Hybrid Long-Short Fund against Nifty 50 Hybrid Composite Debt 50:50 Index (TRI).
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.
| iSIF Hybrid Long-Short Fund ICICI Prudential Mutual Fund | Prism Hybrid Long-Short Fund Jio BlackRock Mutual Fund | |
|---|---|---|
| Category | Hybrid Long-Short | Hybrid Long-Short |
| Status | Active | Active |
| Direct NAV | 10.9136 | 10.3287 |
| 1M Return | +5.14% | +0.83% |
| 1Y Return | — | — |
| Since Inception | +8.94% | +3.13% |
| AUM | ₹1,667 Cr | ₹179 Cr |
| Minimum Investment | ₹10,00,000 | ₹10,00,000 |
| Expense Ratio | 0.65% | 0.40% |
| Exit Load | 1% of applicable NAV if redeemed or switched out within 1 month from allotment; NIL thereafter | Nil |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index | Nifty 50 Hybrid Composite Debt 50:50 Index (TRI) |
| Risk-o-meter | Band 5 of 5 (Higher Risk) | Band 1 of 5 (Lower Risk) |
| Launch Date | 04 Feb 2026 | 17 Jul 2026 |
| Fund Managers | Rajat Chandak, Ayush Shah, Manish Banthia, Akhil Kakkar | Arun Ramachandran, Tanvi Kacheria, Virendra Kumar, Siddharth Deb, Manish Kalani |
Open the full page for iSIF Hybrid Long-Short Fund or Prism 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 (iSIF Hybrid Long-Short Fund: 31 Oct 2026; Prism Hybrid Long-Short Fund: 31 Jul 2026), not the complete portfolios, so the real overlap may be higher.
| Holding | Sector | ICICI Pru MF weight | Jio BlackRock weight |
|---|---|---|---|
| Others Equity Total (remaining long positions) | — | 43.63% | 22.98% |
iSIF Hybrid Long-Short Fund vs Prism Hybrid Long-Short Fund: common questions
What is the difference between iSIF Hybrid Long-Short Fund and Prism Hybrid Long-Short Fund?
Both are Hybrid Long-Short Specialized Investment Funds (SIFs), so they follow the same SEBI strategy category. iSIF Hybrid Long-Short Fund is run by ICICI Prudential Mutual Fund and Prism Hybrid Long-Short Fund by Jio BlackRock 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 iSIF Hybrid Long-Short Fund and Prism Hybrid Long-Short Fund?
The latest Direct-plan NAV of iSIF Hybrid Long-Short Fund is ₹10.9136 (13 Nov 2026), and of Prism Hybrid Long-Short Fund is ₹10.3287 (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, iSIF Hybrid Long-Short Fund or Prism Hybrid Long-Short Fund?
iSIF Hybrid Long-Short Fund is larger by disclosed assets under management, at ₹1,667 Cr, compared with ₹179 Cr for Prism Hybrid Long-Short Fund. Figures are the latest each AMC has disclosed.
Which has the lower expense ratio, iSIF Hybrid Long-Short Fund or Prism Hybrid Long-Short Fund?
iSIF Hybrid Long-Short Fund has a Direct-plan expense ratio of 0.65% and Prism Hybrid Long-Short Fund of 0.40%, as stated in each AMC's factsheet. Regular plans cost more than Direct plans.
What is the minimum investment in iSIF Hybrid Long-Short Fund and Prism 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, iSIF Hybrid Long-Short Fund or Prism 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
iSIF Hybrid Long-Short Fund vs
Prism 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.