Specialised Investment Fund
Union Mutual Fund
Arthaya Equity Long Short Fund
Benchmark NIFTY 500 Total Return Index (TRI)
Arthaya Equity Long Short Fund (Union Mutual Fund) is an Equity Long-Short SIF with AUM of ₹131 Cr. As of 23 Oct 2026, its NAV is ₹9.67, with returns of -1.1% (1M), -2.4% (3M) and -3.2% since inception. Risk band Level 5 (Highest).
Latest NAV
▲ 0.28%+0.0268 since previous close
High · 3M
₹10.21
Low · 3M
₹9.65
AUM
₹130.96 Cr
Inception
May 2026
Expense Ratio
2.1%
Overview
About the Fund
Investment Objective
Equity long-short with research-driven long book; derivatives used for hedging and limited directional shorts
Performance
Performance & Return Drivers
NAV History · 3M
-2.97%3M · NAV return
View as table
| Date | NAV (₹) |
|---|---|
| 23 Oct 2026 | 9.6725 |
| 22 Oct 2026 | 9.6457 |
| 21 Oct 2026 | 9.6631 |
| 19 Oct 2026 | 9.6646 |
| 16 Oct 2026 | 9.7219 |
| 15 Oct 2026 | 9.7047 |
| 14 Oct 2026 | 9.6617 |
| 13 Oct 2026 | 9.6764 |
| 12 Oct 2026 | 9.7454 |
| 09 Oct 2026 | 9.7160 |
| 08 Oct 2026 | 9.7395 |
| 07 Oct 2026 | 9.7248 |
| 06 Oct 2026 | 9.7243 |
| 05 Oct 2026 | 9.7229 |
| 01 Oct 2026 | 9.7211 |
| 30 Sep 2026 | 9.7143 |
| 29 Sep 2026 | 9.7198 |
| 28 Sep 2026 | 9.7349 |
| 25 Sep 2026 | 9.7335 |
| 24 Sep 2026 | 9.7336 |
| 23 Sep 2026 | 9.7811 |
| 22 Sep 2026 | 9.7493 |
| 21 Sep 2026 | 9.7607 |
| 18 Sep 2026 | 9.7805 |
| 17 Sep 2026 | 9.7498 |
| 16 Sep 2026 | 9.7745 |
| 15 Sep 2026 | 9.7883 |
| 11 Sep 2026 | 9.8309 |
| 10 Sep 2026 | 9.8603 |
| 09 Sep 2026 | 9.8479 |
| 08 Sep 2026 | 9.8499 |
| 07 Sep 2026 | 9.8567 |
| 04 Sep 2026 | 9.8732 |
| 03 Sep 2026 | 9.8783 |
| 02 Sep 2026 | 9.8761 |
| 01 Sep 2026 | 9.9421 |
| 31 Aug 2026 | 10.0116 |
| 28 Aug 2026 | 10.0398 |
| 27 Aug 2026 | 10.0156 |
| 26 Aug 2026 | 10.0552 |
| 25 Aug 2026 | 10.0598 |
| 24 Aug 2026 | 10.0150 |
| 21 Aug 2026 | 10.0407 |
| 20 Aug 2026 | 10.0439 |
| 19 Aug 2026 | 9.9835 |
| 18 Aug 2026 | 10.0085 |
| 17 Aug 2026 | 10.0419 |
| 14 Aug 2026 | 10.0732 |
| 13 Aug 2026 | 10.0841 |
| 12 Aug 2026 | 10.1025 |
| 11 Aug 2026 | 10.1124 |
| 10 Aug 2026 | 10.1489 |
| 07 Aug 2026 | 10.1156 |
| 06 Aug 2026 | 10.1700 |
| 05 Aug 2026 | 10.1766 |
| 04 Aug 2026 | 10.1794 |
| 03 Aug 2026 | 10.2138 |
| 31 Jul 2026 | 10.1292 |
| 30 Jul 2026 | 10.0901 |
| 29 Jul 2026 | 10.0661 |
Fund Return · 3M
-2.97%
3M · NAV return
Alpha over Benchmark
—
vs NIFTY 500 Total Return Index
Volatility Σ
+5.21%
annualised std dev
Max Drawdown
-5.56%
peak-to-trough · 3M
Risk
Risk Profile, Exposure Limits & Fund Managers
Who Manages This Fund
Fund Manager
Union AMC SIF Investment Team (individual FM names not publicly disclosed as of June 2026)
Full professional biography not yet published in the fund’s factsheet disclosures.
Fees & Plan
Fees, Minimums & Redemption
Minimum Investment
₹10,00,000
SEBI-mandated SIF threshold
Expense Ratio
2.1%
Excl. brokerage, transaction cost & statutory levies
Exit Load
Per scheme document (not yet published)
Redemption
Daily
Why a ₹10 lakh minimum?
SEBI set this threshold for investors who understand complex strategies. It applies across all SIF strategies at one fund house, not per fund.
Can I redeem anytime?
Equity long-short SIFs offer daily redemption. Hybrid long-short SIFs are interval funds — redemption is only on specific windows, as set out above.
How is a SIF taxed?
Like mutual funds, a SIF is taxed only when you redeem — there is no annual capital-gains event as with PMS or AIF structures.
Documents
Factsheets & Disclosures
No factsheets published for this strategy yet.
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