iSIF

Specialised Investment Fund

ICICI Prudential Mutual Fund

iSIF Equity Ex-Top 100 Long-Short Fund

Regular PlanEquityRisk band Level 5 (Highest)

Benchmark NIFTY 500 Total Return Index (TRI)

iSIF Equity Ex-Top 100 Long-Short Fund (ICICI Prudential Mutual Fund) is an Ex-Top 100 SIF with AUM of ₹2,620 Cr. As of 23 Oct 2026, its NAV is ₹9.68, with returns of -6.7% (1M), -4.8% (3M) and -3.1% since inception. Risk band Level 5 (Highest).

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Latest NAV

▼ 2.12%
₹9.68

-0.21 since previous close

High · 3M

₹10.44

Low · 3M

₹9.68

AUM

₹2620.43 Cr

Inception

Feb 05, 2026

Expense Ratio

1.69%

OverviewPerformanceRiskFeesFund ManagerDocuments
01

Overview

About the Fund

“

Investment Objective

Capital appreciation investing in companies outside top 100 with short exposure through derivatives

Benchmarked againstNIFTY 500 Total Return Index (TRI)
AMCICICI Prudential Mutual Fund
StrategyEquity
InceptionFeb 05, 2026
RedemptionDaily
02

Performance

Performance & Return Drivers

NAV History · 3M

-5.56%3M · NAV return

View as table
Recent NAV history for iSIF Equity Ex-Top 100 Long-Short Fund - Growth
DateNAV (₹)
23 Oct 20269.6800
22 Oct 20269.8900
21 Oct 20269.9700
19 Oct 202610.0900
16 Oct 202610.1700
15 Oct 202610.1800
14 Oct 202610.2000
13 Oct 202610.1800
12 Oct 202610.1200
09 Oct 202610.1100
08 Oct 202610.0200
07 Oct 202610.1600
06 Oct 202610.1400
05 Oct 202610.0500
01 Oct 202610.0100
30 Sep 202610.0900
29 Sep 202610.1100
28 Sep 202610.1400
25 Sep 202610.2500
24 Sep 202610.2300
23 Sep 202610.3800
22 Sep 202610.3400
21 Sep 202610.3300
18 Sep 202610.3100
17 Sep 202610.2100
16 Sep 202610.1200
15 Sep 202610.1100
11 Sep 202610.2700
10 Sep 202610.2900
09 Sep 202610.2900
08 Sep 202610.3300
07 Sep 202610.3300
04 Sep 202610.3800
03 Sep 202610.3800
02 Sep 202610.3100
01 Sep 202610.3600
31 Aug 202610.3700
28 Aug 202610.4100
27 Aug 202610.4200
26 Aug 202610.4400
25 Aug 202610.4300
24 Aug 202610.4200
21 Aug 202610.4200
20 Aug 202610.4200
19 Aug 202610.3900
18 Aug 202610.4000
17 Aug 202610.4200
14 Aug 202610.3900
13 Aug 202610.4000
12 Aug 202610.3900
11 Aug 202610.3900
10 Aug 202610.3900
07 Aug 202610.3700
06 Aug 202610.3700
05 Aug 202610.4100
04 Aug 202610.3800
03 Aug 202610.4400
31 Jul 202610.3200
30 Jul 202610.3100
29 Jul 202610.3300

Fund Return · 3M

-5.56%

3M · NAV return

Alpha over Benchmark

—

vs NIFTY 500 Total Return Index

Volatility Σ

+9.95%

annualised std dev

Max Drawdown

-7.28%

peak-to-trough · 3M

04

Risk

Risk Profile, Exposure Limits & Fund Managers

Risk band Level 5 (Highest)SEBI scale · 1 Lowest, 5 Highest
Level 1Level 2Level 3Level 4Level 5
Equity Allocation65%–100% (Ex-Top 100)
0%25%50%75%100%
Debt Allocation0%–35%
0%25%50%75%100%
Commodity Allocation—
Derivative Exposure MaxUp to 100% of net assets
0%25%50%75%100%
Unhedged Short Max0%–25%
0%25%50%75%100%

Who Manages This Fund

SN

Fund Manager

Sankaran Naren

CIO & Lead FM

Full professional biography not yet published in the fund’s factsheet disclosures.

DJ

Fund Manager

Divya Jain

Equity (Ex—Top 100) & Short Book

Full professional biography not yet published in the fund’s factsheet disclosures.

MT

Fund Manager

Manan Tijoriwala

Derivatives

Full professional biography not yet published in the fund’s factsheet disclosures.

Amit Vora

Fund Manager

Amit Vora

Overseas Securities

Full professional biography not yet published in the fund’s factsheet disclosures.

05

Fees & Plan

Fees, Minimums & Redemption

Minimum Investment

₹10,00,000

SEBI-mandated SIF threshold

Expense Ratio

1.69%

Excl. brokerage, transaction cost & statutory levies

Exit Load

1% if redeemed ≤12 months; Nil after 12 months

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.

06

Documents

Factsheets & Disclosures

No factsheets published for this strategy yet.

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