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Equity Long-Short

Isif Equity Long-Short Fund

by iSIF  |  Specialised Investment Fund  |  Min. ₹10 Lakh

How this fund deploys capital — July 2026

↑ Long Positions
Equity+86.69%
Long Futures+0.81%
Long Options+8.34%
Gross Long+95.8%
↓ Short Book
Short Options-11.00%
Short Book ?Absolute value of all short positions. Includes hedged + naked shorts.-11.0%
0.0% hedged  +  0.00% naked
■ Income & Liquid
Liquid / Repo+4.04%
Net Rec/(Pay)+11.93%
Income & Liquid+4.0%
Net Equity Exposure: +100.8%  |  All positions sum to 100.81% of NAV
Last updated: July 2026  |  Next update: August 2026
Portfolio Allocation
July 2026
Equity (Long)
86.69%
Debt (Long)
0.00%
Cash & Equivalents
15.97%
Futures (Long)
0.81%
Options (Long)
8.34%
Short Book ?Absolute value of all short positions. Includes hedged + naked shorts.
-11.00%
Holdings
86 long  +  14 short
PositionType% NAVMkt ValueWeight
HDFC Bank Ltd.
Equity6.91%₹2,760L
ICICI Bank Ltd.
Equity4.73%₹1,889L
Reliance Industries Ltd.
Equity4.26%₹1,701L
TD Power Systems Ltd.
Equity3.51%₹1,403L
Mahindra & Mahindra Ltd.
Equity2.43%₹972L
MAS Financial Services Ltd.
Equity2.25%₹898L
Avenue Supermarts Ltd.
Equity2.12%₹847L
Hindustan Unilever Ltd.
Equity2.12%₹847L
Cummins India Ltd.
Equity2.07%₹828L
TVS Motor Company Ltd.
Equity1.98%₹793L
Kusumgar Ltd
Equity1.78%₹711L
Premier Energies Ltd.
Equity1.63%₹652L
ABB India Ltd.
Equity1.62%₹646L
Maruti Suzuki India Ltd.
Equity1.60%₹641L
Indo-Mim Ltd.
Equity1.57%₹628L
Sapphire Foods India Ltd
Equity1.46%₹583L
Universal Cables Ltd
Equity1.38%₹551L
Sundaram Finance Ltd.
Equity1.32%₹526L
Oil India Ltd.
Equity1.28%₹513L
SBI Funds Management Ltd.
Equity1.28%₹513L
Juniper Green Energy Ltd.
Equity1.25%₹500L
Manipal Health Enterprises Ltd.
Equity1.25%₹499L
Hyundai Motor India Ltd.
Equity1.22%₹486L
360 One Wam Ltd.
Equity1.18%₹474L
Bharat Heavy Electricals Ltd.
Equity1.18%₹471L
Short Options — 11.00% of NAV Covered Calls / Puts
InstrumentType% NAVMkt Value
TVS Motor Company Ltd. (Call option) $$
Call-0.47%₹187L
ABB India Ltd. (Call option) $$
Call-0.49%₹194L
HDFC Bank Ltd. (Call option) $$
Call-0.50%₹200L
Tata Consumer Products Ltd. (Call option) $$
Call-0.54%₹218L
Hyundai Motor India Ltd. (Call option) $$
Call-0.56%₹222L
Hindustan Unilever Ltd. (Call option) $$
Call-0.56%₹223L
Hindustan Unilever Ltd. (Call option) $$
Call-0.56%₹225L
Bharat Heavy Electricals Ltd. (Call option) $$
Call-0.60%₹240L
360 One Wam Ltd. (Call option) $$
Call-0.60%₹240L
HDFC Bank Ltd. (Call option) $$
Call-0.76%₹304L
NTPC Ltd. (Call option) $$
Call-0.95%₹378L
Interglobe Aviation Ltd. (Call option) $$
Call-1.05%₹421L
Reliance Industries Ltd. (Call option) $$
Call-1.63%₹650L
HDFC Bank Ltd. (Call option) $$
Call-1.74%₹697L
TREPS / Repo — 4.04%
Instrument% NAVMkt Value
TREPS
+4.04%₹1,617L
Cash Margin — 10.01%
Instrument% NAVMkt Value
Cash Margin - Derivatives
+10.01%₹4,000L
Net Rec/(Pay) — 1.92%
Instrument% NAVMkt Value
Net Current Assets
+1.92%₹768L
Estimated margin required: ~0.00% of NAV. Cash & equivalents stand at 16.0% — approximately N/Ax coverage. TREPS and money market instruments earn 6.5–7.5% p.a. — an active yield position, not idle margin reserve.
Portfolio Analysis
Updated July 2026
July 2026 — Monthly Update

Isif Equity Long-Short Fund runs a fully hedged short book. All 14 short futures/options positions are paired with corresponding equity longs, resulting in minimal unhedged market exposure from the short side.

Net long exposure of 100.8% is driven by the equity book (86.7%), debt (0.0%), and cash & equivalents (16.0%). The equity + futures combination contributes alpha through relative performance, independent of broad market direction.


March 2026 — Initial Coverage

Tequity initiated coverage of Isif Equity Long-Short Fund with the March 2026 portfolio disclosure. Updated monthly as iSIF 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: 100.81%. Gross exposure: 122.81%. Equity: 86.69%, Debt: 0.00%, Cash & Equiv: 15.97%, Options Short: 11.00%, Futures Short: 0.00%. Naked futures short: 0% (fully hedged). Total positions: 103.

June 2026

Net long: 100.00%. Gross exposure: 100.00%. Equity: 77.26%, Debt: 0.00%, Cash & Equiv: 22.65%, Options Short: 0.00%, Futures Short: 0.00%. Naked futures short: 0% (fully hedged). Total positions: 78.

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Fund Details
AMCiSIF
CategoryEquity Long-Short
Fund TypeSIF (SEBI Regulated)
Min. Investment₹10 Lakh
NAV DisclosureDaily
Portfolio DisclosureMonthly (AMFI)
Exposure Metrics
Net Equity Exposure ?Long positions minus short positions (% of NAV). Actual unhedged market exposure.100.8%
Short Book ?Absolute value of all short positions. Includes hedged + naked shorts.11.0%
Naked Short ?Shorts with no matching long. Pure directional bets against specific stocks.0%
Total Exposure ?Long book + Short book combined. Values above 100% indicate derivative leverage.122.8%
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.

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