Specialised Investment Fund
Mirae Asset Mutual Fund
Platinum Hybrid Long-Short Fund
Benchmark NIFTY 50 Hybrid Composite Debt 50:50 Index (TRI)
Platinum Hybrid Long-Short Fund (Mirae Asset Mutual Fund) is a Hybrid Long-Short SIF with AUM of ₹370 Cr. As of 23 Oct 2026, its NAV is ₹9.98, with returns of -1.7% (1M), -0.8% (3M) and -0.2% since inception. Risk band Level 1 (Lowest).
Latest NAV
▲ 0.07%+0.007 since previous close
High · 3M
₹10.25
Low · 3M
₹9.97
AUM
₹369.66 Cr
Inception
Jun 2026
Expense Ratio
1.3%
Overview
About the Fund
Investment Objective
Capital appreciation through active hybrid allocation across equity, debt and derivatives with long-short overlay
Performance
Performance & Return Drivers
NAV History · 3M
-1.11%3M · NAV return
View as table
| Date | NAV (₹) |
|---|---|
| 23 Oct 2026 | 9.9790 |
| 22 Oct 2026 | 9.9720 |
| 21 Oct 2026 | 9.9990 |
| 19 Oct 2026 | 10.0110 |
| 16 Oct 2026 | 10.0420 |
| 15 Oct 2026 | 10.0400 |
| 14 Oct 2026 | 10.0090 |
| 13 Oct 2026 | 10.0110 |
| 12 Oct 2026 | 9.9940 |
| 09 Oct 2026 | 10.0030 |
| 08 Oct 2026 | 9.9900 |
| 07 Oct 2026 | 10.0360 |
| 06 Oct 2026 | 10.0600 |
| 05 Oct 2026 | 10.0390 |
| 01 Oct 2026 | 10.0270 |
| 30 Sep 2026 | 10.0510 |
| 29 Sep 2026 | 10.0540 |
| 28 Sep 2026 | 10.0740 |
| 25 Sep 2026 | 10.1170 |
| 24 Sep 2026 | 10.1000 |
| 23 Sep 2026 | 10.1550 |
| 22 Sep 2026 | 10.1260 |
| 21 Sep 2026 | 10.1350 |
| 18 Sep 2026 | 10.1400 |
| 17 Sep 2026 | 10.1120 |
| 16 Sep 2026 | 10.0970 |
| 15 Sep 2026 | 10.0840 |
| 11 Sep 2026 | 10.1340 |
| 10 Sep 2026 | 10.1610 |
| 09 Sep 2026 | 10.1440 |
| 08 Sep 2026 | 10.1500 |
| 07 Sep 2026 | 10.1650 |
| 04 Sep 2026 | 10.1680 |
| 03 Sep 2026 | 10.1660 |
| 02 Sep 2026 | 10.1670 |
| 01 Sep 2026 | 10.1870 |
| 31 Aug 2026 | 10.2060 |
| 28 Aug 2026 | 10.1970 |
| 27 Aug 2026 | 10.1790 |
| 26 Aug 2026 | 10.1860 |
| 25 Aug 2026 | 10.2160 |
| 24 Aug 2026 | 10.2020 |
| 21 Aug 2026 | 10.1950 |
| 20 Aug 2026 | 10.1860 |
| 19 Aug 2026 | 10.1770 |
| 18 Aug 2026 | 10.1780 |
| 17 Aug 2026 | 10.1840 |
| 14 Aug 2026 | 10.1910 |
| 13 Aug 2026 | 10.2120 |
| 12 Aug 2026 | 10.2120 |
| 11 Aug 2026 | 10.2050 |
| 10 Aug 2026 | 10.2140 |
| 07 Aug 2026 | 10.2100 |
| 06 Aug 2026 | 10.2070 |
| 05 Aug 2026 | 10.2090 |
| 04 Aug 2026 | 10.2050 |
| 03 Aug 2026 | 10.2490 |
| 31 Jul 2026 | 10.1700 |
| 30 Jul 2026 | 10.1600 |
| 29 Jul 2026 | 10.1560 |
Fund Return · 3M
-1.11%
3M · NAV return
Alpha over Benchmark
—
vs NIFTY 50 Hybrid Composite Debt 50:50 Index
Volatility Σ
+3.63%
annualised std dev
Max Drawdown
-2.7%
peak-to-trough · 3M
Risk
Risk Profile, Exposure Limits & Fund Managers
Who Manages This Fund
Fund Manager
Mr. Gaurik Shah
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
1.3%
Excl. brokerage, transaction cost & statutory levies
Exit Load
Per scheme document (NFO stage)
Redemption
Interval
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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