qSIF Equity Long-Short Fund vs Sapphire Equity Long-Short Fund
qSIF Equity Long-Short Fund from quant Mutual Fund and Sapphire Equity Long-Short Fund from Franklin Templeton 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
- qSIF Equity Long-Short Fund is the larger fund, with ₹1,098 Cr in disclosed assets against ₹211 Cr for Sapphire Equity Long-Short Fund — about 5.2 times the size.
- qSIF Equity Long-Short Fund launched first, on 07 Oct 2025; Sapphire Equity Long-Short Fund followed on 29 Apr 2026, about 6 months later. Since-inception returns therefore cover different periods and are not directly comparable.
- Over the past six months, qSIF Equity Long-Short Fund returned +12.37% and Sapphire Equity Long-Short Fund returned +3.96% (Direct plan).
- Both are measured against the same benchmark, NIFTY 500 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.
| qSIF Equity Long-Short Fund quant Mutual Fund | Sapphire Equity Long-Short Fund Franklin Templeton Mutual Fund | |
|---|---|---|
| Category | Equity Long-Short | Equity Long-Short |
| Status | Active | Active |
| Direct NAV | 11.4863 | 1027.4887 |
| 1M Return | +4.13% | +6.71% |
| 1Y Return | +13.12% | — |
| Since Inception | +14.80% | +2.75% |
| AUM | ₹1,098 Cr | ₹211 Cr |
| Minimum Investment | ₹10,00,000 | ₹10,00,000 |
| Expense Ratio | — | 0.63% |
| Exit Load | 3% if redeemed/switched out on or before completion of 30 days from the date of allotment; nil thereafter | 1% if redeemed within 1 year from the date of allotment; nil if redeemed after 1 year |
| Benchmark | NIFTY 500 TRI | NIFTY 500 TRI |
| Risk-o-meter | Investor Risk Appetite: High — qsif factsheet's own classification, not the standard 5-band SIF riskometer used elsewhere on this site | Band 5 of 5 (Higher Risk) |
| Launch Date | 07 Oct 2025 | 29 Apr 2026 |
| Fund Managers | Sandeep Tandon, Ankit Pande, Sanjeev Sharma, Sameer Kate, Jignesh Shah | Arihant Jain |
Open the full page for qSIF Equity Long-Short Fund or Sapphire Equity Long-Short Fund for NAV history, holdings and the AMC factsheet, or add a third fund to this comparison.
Holdings in common
None of the top holdings qSIF Equity Long-Short Fund discloses appear among those Sapphire Equity Long-Short Fund discloses. This compares only the top holdings each AMC publishes (qSIF Equity Long-Short Fund: 31 Oct 2026; Sapphire Equity Long-Short Fund: 30 Sept 2026), not the complete portfolios, so the real overlap may be higher.
qSIF Equity Long-Short Fund vs Sapphire Equity Long-Short Fund: common questions
What is the difference between qSIF Equity Long-Short Fund and Sapphire Equity Long-Short Fund?
Both are Equity Long-Short Specialized Investment Funds (SIFs), so they follow the same SEBI strategy category. qSIF Equity Long-Short Fund is run by quant Mutual Fund and Sapphire Equity Long-Short Fund by Franklin Templeton 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 qSIF Equity Long-Short Fund and Sapphire Equity Long-Short Fund?
The latest Direct-plan NAV of qSIF Equity Long-Short Fund is ₹11.4863 (13 Nov 2026), and of Sapphire Equity Long-Short Fund is ₹1027.4887 (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, qSIF Equity Long-Short Fund or Sapphire Equity Long-Short Fund?
qSIF Equity Long-Short Fund is larger by disclosed assets under management, at ₹1,098 Cr, compared with ₹211 Cr for Sapphire Equity Long-Short Fund. Figures are the latest each AMC has disclosed.
What is the minimum investment in qSIF Equity Long-Short Fund and Sapphire Equity 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, qSIF Equity Long-Short Fund or Sapphire Equity 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
qSIF Equity Long-Short Fund vs
Sapphire Equity Long-Short Fund vs
See every scheme in this category on the Equity Long-Short SIF Funds page. New to SIFs? Start with what a Specialised Investment Fund is, or read Understanding long-short equity strategies, 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.