iSIF Active Asset Allocator Long-Short Fund
ICICI Prudential Mutual FundiSIF Active Asset Allocator Long-Short Fund dynamically allocates across equity (35-80%), debt, commodities (gold/silver), and InvITs, with equity and debt derivative strategies including up to 25% unhedged short exposure. As of end-September 2026 the portfolio was about 45% gross equity long (net roughly 24% after a net derivative short of about 21%, reflecting an actively hedged equity book), plus government and corporate debt, a small gold-futures position, and small InvIT holdings. Direct plan TER is 0.41%; the Regular plan runs 1.61%.
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 | 50% Nifty 500 TRI + 40% Nifty Composite Debt Index + 7% Domestic Price of Gold + 3% Domestic Price of Silver |
|---|---|---|
| 1 Week† | -0.75% | — |
| 15 Days† | -0.28% | — |
| 1 Month† | -1.88% | — |
| 3 Months† | -0.30% | — |
| 6 Months | — | — |
| 1 Year | — | — |
| 3 Years | — | — |
| 5 Years | — | — |
| Since Inception† | +2.01% | — |
† 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 | 27.5% |
| Equity Derivatives (net short overlay) | — | Equity - Short (Derivative) | -20.7% |
| Cash, Call, TREPS & Term Deposits | — | Cash & Equivalents | 13.8% |
| Treasury Bills | Sovereign | Debt - Long | 11.9% |
| Life Insurance Corporation of India | Insurance | Equity - Long | 5.0% |
| 06.94% GOI 2036 | Sovereign | Debt - Long | 4.7% |
| HDFC Bank Ltd. | Banks | Equity - Long | 3.8% |
| Net Current Assets | — | Cash & Equivalents | 3.6% |
| Reliance Industries Ltd. | Petroleum Products | Equity - Long | 3.5% |
| Mahindra & Mahindra Ltd. | Automobiles | Equity - Long | 3.3% |
| NABARD | CRISIL AAA | Debt - Long | 3.0% |
| Gold Future (December 2026) | — | Commodity | 2.2% |
| Piramal Capital & Housing Finance Ltd | ICRA AA+ | Debt - Long | 2.2% |
| Aadhar Housing Finance Ltd. | ICRA AA+ | Debt - Long | 2.2% |
| Godrej Industries Ltd. | CRISIL AA+ | Debt - Long | 2.1% |
| 07.47% Karnataka SDL 2036 | Sovereign | Debt - Long | 2.1% |
| Certificate of Deposit (Indian Bank) | CRISIL A1+ | Debt - Long | 2.1% |
| 07.55% Maharashtra SDL 2034 | Sovereign | Debt - Long | 1.7% |
| Axis Bank Ltd. | Banks | Equity - Long | 1.6% |
| Torrent Power Ltd. | CRISIL AA+ | Debt - Long | 1.3% |
| Gabriel India Ltd | CRISIL AA+ | Debt - Long | 1.3% |
| Muthoot Finance Ltd. | CRISIL AA+ | Debt - Long | 0.9% |
| 07.18% Uttar Pradesh SDL 2035 | Sovereign | Debt - Long | 0.8% |
| Index Options (BSE Sensex, Nifty 50, net) | — | Equity - Short (Derivative) | -0.5% |
| Cube Highways Trust | — | InvIT | 0.5% |
| IRB Infrastructure Developers Ltd. | — | InvIT | 0.4% |
| Manappuram Finance Ltd. | CRISIL AA | Debt - Long | 0.4% |
| Raajmarg Infra Investment Trust | Services | InvIT | 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
Dynamically shifts exposure across equity, debt, and derivative overlays based on prevailing market conditions.
Key facts
- Category
- Active Asset Allocator
- Benchmark
- 50% Nifty 500 TRI + 40% Nifty Composite Debt Index + 7% Domestic Price of Gold + 3% Domestic Price of Silver
- Launch date
- 05 Jun 2026
- Expense ratio
- 0.41%
- Exit load
- 1% of applicable NAV if redeemed or switched out within 1 month from allotment; NIL thereafter
- Lock-in
- —
- Risk-o-meter
- Risk Band 2 of 5
- Minimum investment
- ₹10,00,000
- AMFI scheme code (Direct)
- SIF-125
- ISIN (Direct, Growth)
- INF109K30067
- AMFI scheme code (Regular)
- SIF-124
- ISIN (Regular, Growth)
- INF109K30059
- Official document
- AMC factsheet (PDF)As of 30 Sept 2026