Hybrid Long-Short SEBI-regulated SIF · ₹10L minimum Regular-Growth plan tracked Rank #10 since inception

iSIF Hybrid Long-Short Fund

Managed by ICICI Prudential Mutual Fund

Interval hybrid long-short strategy — 65–75% equity with up to 25% unhedged short exposure via derivatives, plus 25–35% debt for income and stability, aiming for risk-adjusted returns with lower volatility.

Allotted04 February 2026
Age~8 mo old
PlanRegular-Growth plan
NAV
₹10.44
As of 25 Sep 2026
3M return
+2.36%
Absolute
6M return
+9.86%
Absolute
Since inception
+4.40%
Absolute, since allotment
AUM
₹1,323 Cr
Whole scheme
Risk band
Level 5
As declared

Risk profile

SEBI risk band for this strategy.

Risk band
Level 5 of 5

As per SEBI Riskometer / product risk band. Read the SID and speak with an advisor if you are unsure about suitability.

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Level 5
Low riskHigh risk

Key facts

Scheme essentials from product documents. Always verify against the latest SID and factsheet.

Inception
04 February 2026
Lock-in
None
Min. SIP
Daily ₹5,000 · Weekly/Monthly ₹10,000 · Quarterly ₹20,000 (subject to ₹10L aggregate)
Risk band
Level 5
Subscription
Daily (business days)
Redemption
Monday & Wednesday (twice a week)
Exit load
1% if redeemed/switched out within 12 months from allotment; Nil thereafter
Fund managers
Rajat Chandak, Ayush Shah (Equity); Manish Banthia, Akhil Kakkar (Debt)
Benchmark
CRISIL Hybrid 50+50 Moderate Index

Investment objective

What the strategy aims to achieve.

The Investment Strategy intends to predominantly invest in equity and equity related securities with an aim to achieve capital appreciation over long term and also invest in Debt instruments & Units of InvITs to generate regular income. The Investment Strategy can also adopt equity and debt derivative strategies. There is no assurance that the investment objective of the Investment strategy will be achieved.

How the fund thinks

The investment lenses working together.

The Equity Mind

65–75% equities with valuation-driven net exposure and up to 25% unhedged shorts

The Debt Mind

25–35% debt & money-market for regular income and ballast

The Overlay Mind

Derivatives (covered calls, pairs, hedges) + 0–10% InvITs for alpha and risk control

Indicative asset allocation

Ranges from the fund presentation. Refer to the ISID for standard allocations.

Equity

65 – 75%

Valuation-driven net exposure

Debt

25 – 35%

Income & stability

Unhedged short

0 – 25%

Derivatives overlay

Allocation ranges (upper end of band)
Equity & equity-related securities (incl. unhedged short)
65–75%
Debt & money market instruments / Debt MFs
25–35%
Units of InvITs
0–10%
Unhedged short (equity / debt derivatives)
0–25%

Bars show the upper end of each indicative range. Actual weights move with markets.

InstrumentsRisk profileRange
Equity & equity-related securities (incl. unhedged short) High 65–75%
Debt & money market instruments / Debt MFs Low–Moderate 25–35%
Units of InvITs Moderate 0–10%
Unhedged short (equity / debt derivatives) High 0–25%

What sets this fund apart

Points that distinguish this strategy.

  • Hybrid long-short with 65–75% equity core and active shorting flexibility
  • Dynamic net equity based on market valuations (P/B framework)
  • Interval structure: daily subscription, Mon & Wed redemption
  • ICICI Prudential multi-asset expertise and deep research coverage (655+ companies)
  • LTCG at 12.5% after 12-month holding

Official documents

SID is the legal scheme document. Factsheet and product pages are AMC overviews.

Educational information only - not an offer to buy or sell. Investment in SIFs involves market risks. Past performance is not indicative of future results. Read the SID and related documents before investing.

SEBI Registration No: NSE Cash: INB231219636 | SEBI Registration No: NSE Derivative: INF231219636 | SEBI Registration No: BSE Cash: INB011219632 | SEBI Registration No: MCX-SX: INE261219636 | SEBI Registration No: NSE Currency: INE231219636 | SEBI Registration No: USE: INE271219631 | SEBI Registration No: CDSL: IN-DP-CDSL-3242005 | NCDEX Membership No: 00635 | MCX Membership No: 28850 | NSEL Membership No: 10650 | RBI Registration No: NBFC: N-14.03215 | IRDA Registration Number : CB-066/03 | AMFI Registration No : ARN -0032| SEBI Registration No: Merchant Banker: INM000007508

* Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.