Home/ SIF Funds/ Apex Hybrid Long-Short Fund
Hybrid Long-Short

Apex Hybrid Long-Short Fund

by APEX Asset Management  |  Specialised Investment Fund  |  Min. ₹10 Lakh

Net Long ?Long book minus short book (% of NAV). The fund's actual unhedged market exposure after netting both sides.
100.0%
of NAV
Gross Exposure ?Long book + |Short book| in absolute terms. Values above 100% reflect leverage through derivatives.
100.0%
of NAV
Gross Short ?Absolute value of all short positions (% of NAV). Includes both hedged shorts (matched against a long holding) and naked shorts.
0.0%
Futures + Options
Naked Shorts ?Short positions with no matching long holding. Pure directional bets — unlike hedged shorts which simply offset a stock held long.
0%
all hedged
Positions
78
78 long + 0 short
Data As Of
Jul 2026
Updated monthly
Positions sum to 100% of NAV
All holdings — equity, debt, and cash equivalents — add up to approximately 100% of the fund's NAV. No futures long positions are used. What you see in the bifurcation table is the complete picture.

Portfolio Bifurcation — July 2026 (scroll right →)

EQUITY
+67.5%		DEBT
0%		COMMODITY
0%		CASH & EQUIV
+32.5%		OPTIONS
0%		FUTURES
0%
Equity
Long?Equity stocks held long (% of NAV)		Debt
Long?Bonds and fixed-income instruments held long		Commodity
Long?Physical commodity ETFs or commodity fund units (e.g. gold ETFs)		Money
Market?Money market instruments: T-Bills, CDs, Commercial Papers		TREPS /
Repo?Tri-party repos and CCIL settlement receivables — overnight/very short-term, near-cash		Cash
Margin?Cash deposited as margin collateral for derivatives positions — earns repo rate		MF
Units?Units of other mutual funds held in portfolio (excluding commodity ETFs)		InvIT /
REIT?Real Estate Investment Trusts and Infrastructure Investment Trusts		Net
Rec/(Pay)?Net Current Assets: receivables minus payables. Negative = net liability		Long?Options held long — buyer paid the premiumShort?Options written or sold short — shown as absolute value of obligationLong?Futures contracts held long at notional value (% of NAV)Hedged
Short?Short futures matched against a corresponding equity long — limits downside on a held stock		Naked
Short?Short futures with no matching long — directional bet on a stock or index falling
+67.51%--+4.62%+17.56%-+9.63%+3.03%-2.35%-----
All positions sum to: 100.00% of NAV
Last updated: July 2026  |  Next update: August 2026
Portfolio Allocation
July 2026
Equity (Long)
67.51%
Debt (Long)
0.00%
Cash & Equivalents
32.49%
Futures (Long)
0.00%
Options (Long)
0.00%
Gross Short ?Absolute value of all short positions. Includes hedged + naked shorts.
-0.00%
Holdings
78 long  +  0 short
Company% NAVMkt ValueWeight
7.55% REC Ltd. (31/03/2028) **
 4.69% ₹502L
7.62% National Bank for Agriculture and Rural Development (31/01/2028) **
 4.69% ₹501L
7.53% National Bank for Agriculture and Rural Development (24/03/2028) **
 4.68% ₹501L
7.22% Small Industries Development Bank of India (10/04/2029) **
 4.65% ₹498L
6.96% Power Finance Corporation Ltd. (02/03/2028) **
 4.65% ₹497L
Adani Energy Solutions Ltd.
 4.19% ₹448L
INDO-MIM Ltd.
 2.99% ₹320L
Ather Energy Ltd.
 1.46% ₹156L
HDFC Bank Ltd.
 1.38% ₹147L
ICICI Bank Ltd.
 1.32% ₹141L
Bajaj Finance Ltd.
 1.20% ₹128L
Axis Bank Ltd.
 1.08% ₹115L
SBI funds Management ltd.
 1.05% ₹113L
Reliance Industries Ltd.
 1.04% ₹111L
Torrent Pharmaceuticals Ltd.
 0.98% ₹105L
Bharti Airtel Ltd.
 0.96% ₹103L
State Bank of India
 0.86% ₹92.5L
Kotak Mahindra Bank Ltd.
 0.80% ₹85.9L
Mahindra & Mahindra Ltd.
 0.76% ₹81.6L
Embassy Office Parks Reit
 0.74% ₹78.8L
Container Corporation of India Ltd.
 0.74% ₹78.8L
Mindspace Business Parks Reit
 0.74% ₹78.7L
Eicher Motors Ltd.
 0.73% ₹78.3L
Grasim Industries Ltd.
 0.73% ₹77.5L
Lupin Ltd.
 0.67% ₹71.8L
InstrumentCoupon% NAVMkt Value
No debt holdings
TREPS / Repo
Instrument% NAVMkt Value
TREPS
 +17.56% ₹1,877L
Money Market
Instrument% NAVMkt Value
91 DAY T-BILL 29.10.26
 +4.62% ₹494L
Cube Highways Trust
 +1.94% ₹207L
MF Units
Instrument% NAVMkt Value
Aditya Birla Sun Life Liquid Fund - Growth - Direct Plan
 +9.58% ₹1,025L
Aditya Birla Sun Life Nifty 50 ETF
 +0.05% ₹5.5L
InvIT / REIT
Instrument% NAVMkt Value
Indus Infra Trust
 +1.55% ₹166L
Net Rec/(Pay)
Instrument% NAVMkt Value
Net Receivable / Payable
 -4.29% ₹458L
Estimated margin required: ~0.00% of NAV. Cash & equivalents stand at 31.0% — approximately N/Ax coverage. TREPS and money market instruments earn 6.5–7.5% p.a. — an active yield position, not idle margin reserve.

No options positions

No futures positions

Portfolio Analysis
Updated July 2026
July 2026 — Monthly Update

Apex Hybrid Long-Short Fund currently holds no short positions. The fund is in its deployment phase, operating as a long-only strategy. The 31.0% cash & equivalents allocation provides liquidity for future short book deployment and earns 6.5–7.5% per annum via TREPS and money market instruments.

Monitor when the fund manager begins deploying the short book — this signals the transition to the intended long-short strategy.

March 2026 — Initial Coverage

Tequity initiated coverage of Apex Hybrid Long-Short Fund with the March 2026 portfolio disclosure. Updated monthly as APEX Asset Management publishes new disclosures on the AMFI portal.

Data sourced directly from AMFI monthly portfolio disclosure. All figures as a percentage of Net Asset Value.

Portfolio History
Updated monthly
July 2026

Net long: 100.00%. Gross exposure: 100.00%. Equity: 68.98%, Debt: 0.00%, Cash & Equiv: 31.02%, Options Short: 0.00%, Futures Short: 0.00%. Naked futures short: 0% (fully hedged). Total positions: 78.

June 2026

Net long: 100.00%. Gross exposure: 100.00%. Equity: 64.58%, Debt: 0.00%, Cash & Equiv: 35.42%, Options Short: 0.00%, Futures Short: 0.00%. Naked futures short: 0% (fully hedged). Total positions: 68.

May 2026

Net long: 100.00%. Gross exposure: 100.00%. Equity: 59.35%, Debt: 0.00%, Cash & Equiv: 40.65%, Options Short: 0.00%, Futures Short: 0.00%. Naked futures short: 0% (fully hedged). Total positions: 64.

April 2026

Net long: 100.00%. Gross exposure: 100.00%. Equity: 63.79%, Debt: 0.00%, Cash & Equiv: 36.21%, Options Short: 0.00%, Futures Short: 0.00%. Naked futures short: 0% (fully hedged). Total positions: 48.

March 2026

Net long: 100.00%. Gross exposure: 100.00%. Equity: 23.67%, Debt: 0.00%, Cash & Equiv: 76.33%, Options Short: 0.00%, Futures Short: 0.00%. Naked futures short: 0% (fully hedged). Total positions: 6.

Interested in SIF investments?

Talk directly with us about whether these funds suit your portfolio and risk profile.

Chat on WhatsApp Send an Email
Fund Details
AMCAPEX Asset Management
CategoryHybrid Long-Short
Fund TypeSIF (SEBI Regulated)
Min. Investment₹10 Lakh
NAV DisclosureDaily
Portfolio DisclosureMonthly (AMFI)
Exposure Metrics
Net Long ?Long book minus short book (% of NAV). Actual unhedged market exposure.100.0%
Gross Short ?Absolute value of all short positions. Includes hedged + naked shorts.0.0%
Naked Short ?Shorts with no matching long. Pure directional bets against specific stocks.0%
Gross Exposure ?Long book + |Short book|. Values above 100% indicate derivative leverage.100.0%
Disclaimer: All data sourced from AMFI monthly portfolio disclosures (July 2026). Tequity Investing is an AMFI-registered Mutual Fund Distributor (ARN-245270). This is not investment advice. Specialised Investment Funds carry higher risk and are suitable only for sophisticated investors with a minimum investment of ₹10 lakh. Please consult a SEBI-registered financial planner before investing. Past performance is not indicative of future results.

Stay Ahead of Every Fund Move

Follow the Tequity WhatsApp Channel for curated updates on SIF and global funds.

  • Monthly SIF portfolio holdings updates
  • New GIFT City fund launches as they happen
  • Mutual fund holdings changes worth tracking
Follow on WhatsApp

Free to follow · No spam · Unfollow anytime

💬