iSIF Equity Long-Short Fund
ICICI Prudential Mutual FundiSIF Equity Long-Short Fund invests predominantly in listed equity and equity-related instruments across market capitalizations, with up to 25% unhedged short exposure through derivatives. As of end-September 2026 the portfolio was about 82% equity, led by Cummins India, Reliance Industries, and Mahindra & Mahindra, with Capital Goods (~18%), Financial Services (~16%), and Healthcare (~10%) the largest sector exposures, a small treasury-bill position, and the balance in short-term debt and net current assets. Direct plan TER is 0.74%; the Regular plan runs 1.99%.
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 500 TRI |
|---|---|---|
| 1 Week† | +0.58% | — |
| 15 Days† | -1.99% | — |
| 1 Month† | -2.54% | — |
| 3 Months† | +0.19% | — |
| 6 Months | — | — |
| 1 Year | — | — |
| 3 Years | — | — |
| 5 Years | — | — |
| Since Inception† | +3.60% | — |
† 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 | 60.5% |
| Short Term Debt & Net Current Assets | — | Cash & Equivalents | 15.0% |
| Cummins India Ltd. | Industrial Products | Equity - Long | 3.8% |
| Reliance Industries Ltd. | Petroleum Products | Equity - Long | 3.2% |
| Mahindra & Mahindra Ltd. | Automobiles | Equity - Long | 2.4% |
| Life Insurance Corporation of India | Insurance | Equity - Long | 2.3% |
| ICICI Bank Ltd. | Banks | Equity - Long | 2.2% |
| Adani Energy Solutions Ltd. | Power | Equity - Long | 1.9% |
| MAS Financial Services Ltd. | Finance | Equity - Long | 1.6% |
| Avenue Supermarts Ltd. | Retailing | Equity - Long | 1.6% |
| Premier Energies Ltd. | Electrical Equipment | Equity - Long | 1.5% |
| Swiggy Ltd. | Retailing | Equity - Long | 1.5% |
| 364 Days Treasury Bill 2026 | Sovereign | Debt - Long | 1.3% |
| 182 Days Treasury Bill 2026 | Sovereign | Debt - Long | 1.3% |
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 500 TRI
- Launch date
- 05 Jun 2026
- Expense ratio
- 0.74%
- 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 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-127
- ISIN (Direct, Growth)
- INF109K30083
- AMFI scheme code (Regular)
- SIF-126
- ISIN (Regular, Growth)
- INF109K30075
- Official document
- AMC factsheet (PDF)As of 30 Sept 2026