Apex Hybrid Long-Short Fund
Aditya Birla Capital AMCApex Hybrid Long-Short Fund is an interval strategy investing in arbitrage, long equity, debt and equity/debt derivatives, long-short equity, and REITs/InvITs, with limited short exposure through derivatives. As of end-September 2026 the portfolio held roughly 40.5% in equity & equity-related instruments (a net equity exposure of about 5.5% after option hedging), 22% in fixed income, 10% in units of a liquid mutual fund, 2% in REITs, and 1% in InvIT units, with the balance (~24%) in cash & current assets (TREPS and Treasury Bills). Direct plan Base Expense Ratio is 0.40%; the Regular plan runs 1.41%.
NAV history
Custom date range
Pick any two dates to see Direct Plan NAV and the return between them.
Performance vs. benchmark
Showing Direct Plan performance.
| Period | Fund | NIFTY 50 Hybrid Composite Debt 50:50 Index |
|---|---|---|
| 1 Week† | -0.02% | — |
| 15 Days† | -0.21% | — |
| 1 Month† | -0.04% | — |
| 3 Months† | +3.47% | — |
| 6 Months† | +7.01% | — |
| 1 Year | — | — |
| 3 Years | — | — |
| 5 Years | — | — |
| Since Inception | +7.65% | +3.10% |
† No AMC-verified benchmark figure yet for this period — computed from daily NAV.
Portfolio exposure
| Instrument | Sector | Type | Weight |
|---|---|---|---|
| Other Option Hedges (remaining names, net) | — | Equity - Short (Derivative) | -26.1% |
| Others Equity Total (remaining long positions) | — | Equity - Long | 22.4% |
| TREPS | — | Cash & Equivalents | 18.7% |
| Aditya Birla Sun Life Liquid Fund - Direct Plan Growth | — | Mutual Fund | 10.0% |
| REC Ltd. (AAA) | Financials | Debt - Long | 9.8% |
| National Bank for Agriculture and Rural Development (AAA) | Financials | Debt - Long | 9.7% |
| Treasury Bills | Sovereign | Debt - Long | 7.0% |
| UPL Ltd. | — | Equity - Long | 5.2% |
| UPL Ltd. (option hedge) | — | Equity - Short (Derivative) | -5.0% |
| Reliance Industries Ltd. | — | Equity - Long | 3.2% |
| ICICI Bank Ltd. | Financials | Equity - Long | 3.1% |
| ICICI Bank Ltd. (option hedge) | — | Equity - Short (Derivative) | -2.4% |
| HDFC Bank Ltd. | Financials | Equity - Long | 2.3% |
| Power Finance Corporation Ltd. (AAA) | Financials | Debt - Long | 1.4% |
| Small Industries Development Bank of India (AAA) | Financials | Debt - Long | 1.4% |
| Knowledge Realty Trust | — | REIT | 1.0% |
| Reliance Industries Ltd. (option hedge) | — | Equity - Short (Derivative) | -0.9% |
| Swiggy Ltd. | — | Equity - Long | 0.9% |
| Bharat Forge Ltd. | — | Equity - Long | 0.8% |
| Kotak Mahindra Bank Ltd. | Financials | Equity - Long | 0.8% |
| Axis Bank Ltd. | Financials | Equity - Long | 0.7% |
| ITC Ltd. | — | Equity - Long | 0.6% |
| Tech Mahindra Ltd. | — | Equity - Long | 0.6% |
| HDFC Bank Ltd. (option hedge) | — | Equity - Short (Derivative) | -0.6% |
| Cube Highways Trust | — | InvIT | 0.6% |
| Embassy Office Parks REIT | — | REIT | 0.5% |
| Indus Infra Trust | — | InvIT | 0.5% |
| Mindspace Business Parks REIT | — | REIT | 0.2% |
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
Combines equity and debt exposure within one mandate, using long-short positioning across both to balance growth and income.
Key facts
- Category
- Hybrid Long-Short
- Benchmark
- NIFTY 50 Hybrid Composite Debt 50:50 Index
- Launch date
- 25 Mar 2026
- Expense ratio
- 0.40%
- Exit load
- 0.50% if redeemed/switched out on or before 90 days from the date of allotment; nil thereafter
- Lock-in
- —
- Risk-o-meter
- Risk Band 1 of 5 (Lower Risk) — SIF-specific risk band, distinct from the standard mutual fund risk-o-meter scale
- Minimum investment
- ₹10,00,000
- AMFI scheme code (Direct)
- SIF-79
- ISIN (Direct, Growth)
- INF209K30016
- AMFI scheme code (Regular)
- SIF-80
- ISIN (Regular, Growth)
- INF209K30040
- Official document
- AMC factsheet (PDF)As of 30 Sept 2026