Specialised Investment Fund
Edelweiss Mutual Fund
Altiva Equity Ex- Top 100 Long - Short Fund
Benchmark NIFTY 500 Total Return Index (TRI)
Altiva Equity Ex- Top 100 Long - Short Fund (Edelweiss Mutual Fund) is an Ex-Top 100 SIF with AUM of ₹1,548 Cr. As of 23 Oct 2026, its NAV is ₹9.92, with returns of -9.8% (1M), -6.6% (3M) and -0.5% since inception. Risk band Level 5 (Highest).
Latest NAV
▼ 1.9%-0.192 since previous close
High · 3M
₹11.30
Low · 3M
₹9.92
AUM
₹1548 Cr
Inception
Jun 10, 2026
Expense Ratio
1.8%
Overview
About the Fund
Investment Objective
Capital appreciation via Ex-top 100 equities and derivative positions
Performance
Performance & Return Drivers
NAV History · 3M
-7.89%3M · NAV return
View as table
| Date | NAV (₹) |
|---|---|
| 23 Oct 2026 | 9.9192 |
| 22 Oct 2026 | 10.1112 |
| 21 Oct 2026 | 10.2239 |
| 19 Oct 2026 | 10.4534 |
| 16 Oct 2026 | 10.5971 |
| 15 Oct 2026 | 10.6006 |
| 14 Oct 2026 | 10.6780 |
| 13 Oct 2026 | 10.6732 |
| 12 Oct 2026 | 10.5851 |
| 09 Oct 2026 | 10.5172 |
| 08 Oct 2026 | 10.4485 |
| 07 Oct 2026 | 10.6535 |
| 06 Oct 2026 | 10.6557 |
| 05 Oct 2026 | 10.5347 |
| 01 Oct 2026 | 10.5138 |
| 30 Sep 2026 | 10.6275 |
| 29 Sep 2026 | 10.5287 |
| 28 Sep 2026 | 10.5822 |
| 25 Sep 2026 | 10.8106 |
| 24 Sep 2026 | 10.8107 |
| 23 Sep 2026 | 10.9949 |
| 22 Sep 2026 | 10.9557 |
| 21 Sep 2026 | 10.9682 |
| 18 Sep 2026 | 10.9180 |
| 17 Sep 2026 | 10.7179 |
| 16 Sep 2026 | 10.6753 |
| 15 Sep 2026 | 10.6907 |
| 11 Sep 2026 | 11.0028 |
| 10 Sep 2026 | 10.9844 |
| 09 Sep 2026 | 10.9704 |
| 08 Sep 2026 | 11.0515 |
| 07 Sep 2026 | 11.0476 |
| 04 Sep 2026 | 11.0412 |
| 03 Sep 2026 | 11.0664 |
| 02 Sep 2026 | 11.0252 |
| 01 Sep 2026 | 11.1055 |
| 31 Aug 2026 | 11.1636 |
| 28 Aug 2026 | 11.2095 |
| 27 Aug 2026 | 11.2266 |
| 26 Aug 2026 | 11.2937 |
| 25 Aug 2026 | 11.2663 |
| 24 Aug 2026 | 11.2679 |
| 21 Aug 2026 | 11.2997 |
| 20 Aug 2026 | 11.2859 |
| 19 Aug 2026 | 11.2355 |
| 18 Aug 2026 | 11.2603 |
| 17 Aug 2026 | 11.2333 |
| 14 Aug 2026 | 11.1868 |
| 13 Aug 2026 | 11.2211 |
| 12 Aug 2026 | 11.1623 |
| 11 Aug 2026 | 11.1492 |
| 10 Aug 2026 | 11.1394 |
| 07 Aug 2026 | 11.0335 |
| 06 Aug 2026 | 11.0149 |
| 05 Aug 2026 | 10.9780 |
| 04 Aug 2026 | 10.9068 |
| 03 Aug 2026 | 10.9780 |
| 31 Jul 2026 | 10.7897 |
| 30 Jul 2026 | 10.7890 |
| 29 Jul 2026 | 10.8473 |
Fund Return · 3M
-7.89%
3M · NAV return
Alpha over Benchmark
—
vs NIFTY 500 Total Return Index
Volatility Σ
+14.25%
annualised std dev
Max Drawdown
-12.22%
peak-to-trough · 3M
Risk
Risk Profile, Exposure Limits & Fund Managers
Who Manages This Fund
Fund Manager
Trideep Bhattacharya
CIO Equities & Lead FMFull professional biography not yet published in the fund’s factsheet disclosures.
Fund Manager
Nikhil Gada
Equity (Ex—Top 100)Full professional biography not yet published in the fund’s factsheet disclosures.
Fund Manager
Amit Vora
Overseas SecuritiesFull 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
1.8%
Excl. brokerage, transaction cost & statutory levies
Exit Load
0.50% if redeemed ≤90 days; Nil after 90 days
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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