Specialised Investment Fund
Franklin Templeton Mutual Fund
Sapphire Equity Long-Short SIF
Benchmark NIFTY 500 Total Return Index (TRI)
Sapphire Equity Long-Short SIF (Franklin Templeton Mutual Fund) is an Equity Long-Short SIF with AUM of ₹211 Cr. As of 23 Oct 2026, its NAV is ₹931.46, with returns of -5.9% (1M), -5.6% (3M) and -6.8% since inception. Risk band Level 5 (Highest).
Latest NAV
▼ 1.06%-10.0195 since previous close
High · 3M
₹1024.82
Low · 3M
₹931.46
AUM
₹211.03 Cr
Inception
Apr 10, 2026
Expense Ratio
2.1%
Overview
About the Fund
Investment Objective
Long-term capital appreciation via quantitative and fundamental long-short across large, mid, small caps
Performance
Performance & Return Drivers
NAV History · 3M
-6.53%3M · NAV return
View as table
| Date | NAV (₹) |
|---|---|
| 23 Oct 2026 | 931.4623 |
| 22 Oct 2026 | 941.4818 |
| 21 Oct 2026 | 947.0869 |
| 19 Oct 2026 | 953.5509 |
| 16 Oct 2026 | 962.9237 |
| 15 Oct 2026 | 958.2463 |
| 14 Oct 2026 | 955.2409 |
| 13 Oct 2026 | 956.5907 |
| 12 Oct 2026 | 947.5511 |
| 09 Oct 2026 | 949.4092 |
| 08 Oct 2026 | 940.4646 |
| 07 Oct 2026 | 957.1091 |
| 06 Oct 2026 | 961.0937 |
| 05 Oct 2026 | 951.2606 |
| 01 Oct 2026 | 946.5682 |
| 30 Sep 2026 | 955.7566 |
| 29 Sep 2026 | 956.1794 |
| 28 Sep 2026 | 961.6268 |
| 25 Sep 2026 | 976.6719 |
| 24 Sep 2026 | 973.5617 |
| 23 Sep 2026 | 990.2152 |
| 22 Sep 2026 | 983.3831 |
| 21 Sep 2026 | 987.3284 |
| 18 Sep 2026 | 987.4350 |
| 17 Sep 2026 | 978.7464 |
| 16 Sep 2026 | 974.0943 |
| 15 Sep 2026 | 971.3932 |
| 11 Sep 2026 | 987.8123 |
| 10 Sep 2026 | 992.2574 |
| 09 Sep 2026 | 992.6964 |
| 08 Sep 2026 | 998.3203 |
| 07 Sep 2026 | 1000.0205 |
| 04 Sep 2026 | 1004.8148 |
| 03 Sep 2026 | 1005.8944 |
| 02 Sep 2026 | 1003.0474 |
| 01 Sep 2026 | 1007.4173 |
| 31 Aug 2026 | 1012.0364 |
| 28 Aug 2026 | 1014.6988 |
| 27 Aug 2026 | 1012.1198 |
| 26 Aug 2026 | 1015.7754 |
| 25 Aug 2026 | 1016.2404 |
| 24 Aug 2026 | 1011.6960 |
| 21 Aug 2026 | 1012.4740 |
| 20 Aug 2026 | 1011.0881 |
| 19 Aug 2026 | 1006.8095 |
| 18 Aug 2026 | 1010.5961 |
| 17 Aug 2026 | 1014.6366 |
| 14 Aug 2026 | 1016.0661 |
| 13 Aug 2026 | 1019.2163 |
| 12 Aug 2026 | 1021.8108 |
| 11 Aug 2026 | 1020.5140 |
| 10 Aug 2026 | 1022.9362 |
| 07 Aug 2026 | 1024.8163 |
| 06 Aug 2026 | 1021.8935 |
| 05 Aug 2026 | 1021.2772 |
| 04 Aug 2026 | 1019.3538 |
| 03 Aug 2026 | 1022.3138 |
| 31 Jul 2026 | 1009.6192 |
| 30 Jul 2026 | 1004.9229 |
| 29 Jul 2026 | 1004.8729 |
Fund Return · 3M
-6.53%
3M · NAV return
Alpha over Benchmark
—
vs NIFTY 500 Total Return Index
Volatility Σ
+10.34%
annualised std dev
Max Drawdown
-9.11%
peak-to-trough · 3M
Risk
Risk Profile, Exposure Limits & Fund Managers
Who Manages This Fund
Fund Manager
Arihant Jain
Lead FM, Overall Strategy, Quantitative Models, Long Book & Short BookFull 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
~1% within 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.
Documents
Factsheets & Disclosures
No factsheets published for this strategy yet.
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