Altiva Equity Long-Short Fund is a large-cap-oriented equity strategy benchmarked to the Nifty 100 TRI, with an overlay of income-oriented derivative strategies (covered calls, straddles/strangles) and limited unhedged short exposure of up to 25%. Launched on 30 September 2026, it had deployed its NFO proceeds by end-October 2026: about 87% net equity (including ~12.5% through Nifty and Bank Nifty index futures), ~11% in covered-call and other derivative strategies, and ~2% in cash, with roughly 81% of the equity in large caps, led by ICICI Bank, HDFC Bank, Reliance Industries and Bharti Airtel. Direct plan base expense ratio is 0.72%; the Regular plan runs 2.10%.
- 10.9584-0.22%
- Direct NAV
- As on 13 Nov 2026
- -0.22%
- Since inception
- Launched 30 Sept 2026
- —
- 1Y return
- ₹523 Cr
- AUM
- As of 31 Oct 2026
- 0.72%
- Expense ratio (Direct)
- ₹10,00,000
- Min. investment
NAV history
Performance vs. benchmark
Showing Direct Plan performance.
Not reported yet: 1 week, 15 days, 1 month, 3 months, 6 months, 1 year, 3 years, 5 years. † No AMC-verified benchmark figure yet for this period — computed from daily NAV.
Against other Equity Long-Short funds
Portfolio exposure
As of 31 Oct 2026- 97.7%
- Long
- -0.1%
- Short
- 97.8%
- Gross exposure
- 97.6%
- Net exposure
Top disclosed holdings
| # | Instrument | Type | Weight |
|---|---|---|---|
| 01 | Others Equity Total (remaining long positions)Equity - Long | Equity - Long | 41.97% |
| 02 | NIFTY index future (long)Equity - Long (Derivative) | Equity - Long (Derivative) | 9.27% |
| 03 | ICICI Bank Ltd.Equity - Long | Equity - Long | 6.95% |
| 04 | HDFC Bank Ltd.Equity - Long | Equity - Long | 6.91% |
| 05 | Reliance Industries Ltd.Equity - Long | Equity - Long | 5.61% |
| 06 | Bharti Airtel Ltd.Equity - Long | Equity - Long | 4.23% |
| 07 | Larsen & Toubro Ltd.Equity - Long | Equity - Long | 3.62% |
| 08 | BANKNIFTY index future (long)Equity - Long (Derivative) | Equity - Long (Derivative) | 3.23% |
| 09 | State Bank of IndiaEquity - Long | Equity - Long | 2.69% |
| 10 | Infosys Ltd.Equity - Long | Equity - Long | 2.57% |
| 11 | Axis Bank Ltd.Equity - Long | Equity - Long | 2.24% |
| 12 | Bajaj Finance Ltd.Equity - Long | Equity - Long | 2.18% |
| 13 | Mahindra & Mahindra Ltd.Equity - Long | Equity - Long | 2.10% |
| 14 | Cash and OthersCash & Equivalents | Cash & Equivalents | 2.00% |
| 15 | Kotak Mahindra Bank Ltd.Equity - Long | Equity - Long | 1.98% |
| 16 | Eternal Ltd.Equity - Long | Equity - Long | 1.44% |
| 17 | Ather Energy Ltd. (stock future, long)Equity - Long (Derivative) | Equity - Long (Derivative) | 0.45% |
| 18 | Premier Energies Ltd. (stock future, long)Equity - Long (Derivative) | Equity - Long (Derivative) | 0.25% |
| 19 | Written index/stock options (covered calls, net)Equity - Short (Derivative) | Equity - Short (Derivative) | -0.13% |
Top holdings from the AMC's own portfolio disclosure — not the complete, line-by-line portfolio (which can run to 100+ positions). Gross/net exposure above is calculated from this subset, so it may differ slightly from the AMC's own published figures.
Investment strategy
Takes long positions in equities expected to outperform, hedged with short positions or index/stock derivatives to manage net market exposure.
Return between any two dates
Pick any two dates to see Direct Plan NAV and the return between them.
Altiva Equity Long-Short Fund: common questions
What is the latest NAV of Altiva Equity Long-Short Fund?
The Direct Plan (Growth) NAV of Altiva Equity Long-Short Fund was ₹10.9584 as of 13 Nov 2026, and the Regular Plan (Growth) NAV was ₹10.9366. NAVs are taken from AMFI's official SIF NAV feed and updated every business day.
What type of fund is Altiva Equity Long-Short Fund?
Altiva Equity Long-Short Fund is an Equity Long-Short Specialized Investment Fund (SIF) from Edelweiss Mutual Fund. Long equity positions hedged with index or single-stock derivatives to manage net market exposure. Its benchmark is NIFTY 100 TRI. It was launched on 30 Sept 2026.
What is the minimum investment in Altiva Equity Long-Short Fund?
The minimum investment in Altiva Equity Long-Short Fund is ₹10,00,000.
What returns has Altiva Equity Long-Short Fund given?
Direct Plan returns of Altiva Equity Long-Short Fund as of 13 Nov 2026: -0.22% (since inception). Past performance does not indicate future returns.
What are the expense ratio and exit load of Altiva Equity Long-Short Fund?
The Direct Plan expense ratio is 0.72% and the Regular Plan's is 2.10%. Exit load: 0.50% if redeemed/switched out on or before 90 days from the date of allotment; nil thereafter
Who manages Altiva Equity Long-Short Fund?
Altiva Equity Long-Short Fund is managed by Bhavesh Jain, Bharat Lahoti, Amit Vora, as named in Edelweiss Mutual Fund's own scheme documents.