Diviniti Equity Long-Short Fund
ITI Mutual FundDiviniti Equity Long Short Fund invests across market capitalizations with limited short exposure through derivatives. As of end-September 2026 the portfolio was roughly 71% net equity (72.93% gross, with a small derivative hedge), with the balance in a 91-day treasury bill and short-term debt/cash; the ten largest single holdings made up about 47% of net assets, led by Reliance Industries, ICICI Bank, and HDFC Bank. Fund manager Alok Ranjan has managed the strategy since 11 July 2026.
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 (TRI) Index |
|---|---|---|
| 1 Week†| -1.18% | — |
| 15 Days†| -2.23% | — |
| 1 Month†| -2.89% | — |
| 3 Months†| -8.19% | — |
| 6 Months†| -10.06% | — |
| 1 Year | — | — |
| 3 Years | — | — |
| 5 Years | — | — |
| Since Inception†| -13.89% | — |
†No AMC-verified benchmark figure yet for this period — computed from daily NAV.
Portfolio exposure
| Instrument | Sector | Type | Weight |
|---|---|---|---|
| Others Equity Total (remaining long positions) | — | Equity - Long | 27.6% |
| Short Term Debt & Net Current Assets | — | Cash & Equivalents | 24.9% |
| Reliance Industries Ltd | Oil Gas & Consumable Fuels | Equity - Long | 9.4% |
| ICICI Bank Ltd. | Financial Services | Equity - Long | 8.3% |
| HDFC Bank Ltd. | Financial Services | Equity - Long | 8.1% |
| Bharti Airtel Ltd. | Telecommunication | Equity - Long | 4.1% |
| State Bank of India | Financial Services | Equity - Long | 4.0% |
| 91 Days T-Bill (MD 24/12/2026) | Sovereign | Debt - Long | 4.0% |
| Axis Bank Ltd. | Financial Services | Equity - Long | 2.5% |
| HDFC Life Insurance Company Ltd. | Financial Services | Equity - Long | 2.5% |
| Mahindra & Mahindra Ltd. | Automobile and Auto Components | Equity - Long | 2.1% |
| Cartrade Tech Ltd. | Consumer Services | Equity - Long | 2.1% |
| Bajaj Finance Ltd. | Financial Services | Equity - Long | 2.1% |
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.
Key facts
- Category
- Equity Long-Short
- Benchmark
- Nifty 50 (TRI) Index
- Launch date
- 01 Dec 2025
- Expense ratio
- —
- Exit load
- 10% of allotted units may be redeemed without exit load within 6 months of allotment; any redemption beyond that limit within the first 6 months, or any redemption on/before 6 months, is subject to 0.50% of the applicable NAV; nil after 6 months from allotment
- Lock-in
- —
- Risk-o-meter
- Risk Band 5 of 5 (Higher 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-19
- ISIN (Direct, Growth)
- INF00XX30043
- AMFI scheme code (Regular)
- SIF-21
- ISIN (Regular, Growth)
- INF00XX30019
- Official document
- AMC factsheet (PDF)As of 30 Sept 2026