Holds at least 80% in equity and equity-related instruments, with unhedged short exposure of up to 25% of net assets taken through derivatives — an all-cap approach with a derivative overlay.
Official daily NAVs from our archive of AMFI's SIF NAV feed, plotted for the plan selected. Use the buttons to change the period; the dates covered are shown under the chart. The monthly table gives each calendar month's change.
Month-on-month change computed from month-end official NAVs in our archive. The first and current months are partial: they run from the earliest, or to the latest, NAV we hold.
| Building from the NAV archive… |
Every line disclosed in the AMC's portfolio disclosure as of 31 Jul 2026, ranked by exposure. The ten largest are shaded. Portfolios are disclosed periodically, so these are the most recent published positions — not live weights.
| # | Security | Sector / bucket | Side | Exposure |
|---|---|---|---|---|
| 01 | National Stock Exchange of India Ltd. 25.08.2026 | Index | LONG | 9.71% |
| 02 | 91 Day Treasury Bills IN002026X073 | Sovereign | LONG | 7.53% |
| 03 | ICICI Bank Ltd. INE090A01021 | Banks | LONG | 6.67% |
| 04 | TREPS | — | LONG | 5.56% |
| 05 | HDFC Bank Ltd. INE040A01034 | Banks | LONG | 5.37% |
| 06 | National Stock Exchange of India Ltd. 25.08.2026 | Index | LONG | 4.83% |
| 07 | Reliance Industries Ltd. INE002A01018 | Petroleum Products | LONG | 4.79% |
| 08 | Maruti Suzuki India Ltd. INE585B01010 | Automobiles | LONG | 4.03% |
| 09 | Axis Bank Ltd. INE238A01034 | Banks | LONG | 3.88% |
| 10 | Bharti Airtel Ltd. INE397D01024 | Telecom - Services | LONG | 3.82% |
| 11 | State Bank of India INE062A01020 | Banks | LONG | 3.78% |
| 12 | 91 Day Treasury Bills IN002026X081 | Sovereign | LONG | 3.76% |
| 13 | 364 Day Treasury Bills IN002025Z237 | Sovereign | LONG | 3.76% |
| 14 | 91 Day Treasury Bills IN002026X107 | Sovereign | LONG | 3.75% |
| 15 | Apollo Hospitals Enterprise Ltd. INE437A01024 | Healthcare Services | LONG | 3.46% |
| 16 | Max Healthcare Institute Ltd. INE027H01010 | Healthcare Services | LONG | 3.35% |
| 17 | ICICI Bank Ltd. 25.08.2026 | Banks | SHORT | -3.32% |
| 18 | Mahindra & Mahindra Ltd. INE101A01026 | Automobiles | LONG | 3.08% |
| 19 | Trent Ltd. INE849A01020 | Retailing | LONG | 3.06% |
| 20 | TVS Motor Company Ltd. INE494B01023 | Automobiles | LONG | 2.73% |
| 21 | Bajaj Finance Ltd. INE296A01032 | Finance | LONG | 2.58% |
| 22 | Shriram Finance Ltd. 25.08.2026 | Finance | SHORT | -2.42% |
| 23 | Shriram Finance Ltd. INE721A01047 | Finance | LONG | 2.41% |
| 24 | Dixon Technologies (India) Ltd. 25.08.2026 | Consumer Durables | LONG | 2.35% |
| 25 | Divi's Laboratories Ltd. INE361B01024 | Pharmaceuticals & Biotechnology | LONG | 2.25% |
| 26 | FSN E-Commerce Ventures Ltd. INE388Y01029 | Retailing | LONG | 2.04% |
| 27 | Sun Pharmaceutical Industries Ltd. INE044A01036 | Pharmaceuticals & Biotechnology | LONG | 1.94% |
| 28 | Coforge Ltd. 25.08.2026 | IT - Software | SHORT | -1.61% |
| 29 | Coforge Ltd. INE591G01025 | IT - Software | LONG | 1.60% |
| 30 | Tech Mahindra Ltd. INE669C01036 | IT - Software | LONG | 1.57% |
| 31 | Hindalco Industries Ltd. 25.08.2026 | Non - Ferrous Metals | SHORT | -1.55% |
| 32 | Hindalco Industries Ltd. INE038A01020 | Non - Ferrous Metals | LONG | 1.54% |
| 33 | Cipla Ltd. INE059A01026 | Pharmaceuticals & Biotechnology | LONG | 1.42% |
| 34 | Tata Consultancy Services Ltd. 25.08.2026 | IT - Software | SHORT | -1.41% |
| 35 | RBL Bank Ltd. INE976G01028 | Banks | LONG | 1.35% |
| 36 | Adani Ports and Special Economic Zone Ltd. INE742F01042 | Transport Infrastructure | LONG | 1.28% |
| 37 | Adani Ports and Special Economic Zone Ltd. 25.08.2026 | Transport Infrastructure | SHORT | -1.28% |
| 38 | SBI Life Insurance Co. Ltd. INE123W01016 | Insurance | LONG | 1.22% |
| 39 | Kotak Mahindra Bank Ltd. INE237A01036 | Banks | LONG | 1.12% |
| 40 | Kotak Mahindra Bank Ltd. 25.08.2026 | Banks | SHORT | -1.12% |
| 41 | State Bank of India 25.08.2026 | Banks | SHORT | -1.05% |
| 42 | ABB India Ltd. INE117A01022 | Electrical Equipment | LONG | 0.96% |
| 43 | HDFC Life Insurance Company Ltd. INE795G01014 | Insurance | LONG | 0.91% |
| 44 | Delhivery Ltd. INE148O01028 | Transport Services | LONG | 0.91% |
| 45 | Delhivery Ltd. 25.08.2026 | Transport Services | SHORT | -0.91% |
| 46 | Bank of Baroda INE028A01039 | Banks | LONG | 0.75% |
| 47 | Bank of Baroda 25.08.2026 | Banks | SHORT | -0.75% |
| 48 | GE Vernova T&D India Ltd. 25.08.2026 | Electrical Equipment | LONG | 0.61% |
Showing the 10 largest positions. The full disclosed book, including the short side, is one click away.
Aggregated from the disclosed cash-equity lines.
Source: 'MONTHLY PORTFOLIO STATEMENT OF ARTHAYA EQUITY LONG SHORT FUND AS ON JULY 31, 2026' (sheet YK56). The DERIVATIVES block carries an EXPLICIT Long/Short label per line (printed in the column that holds ISIN for cash securities); those labels are used verbatim. Equity, Treasury-Bill and TREPS lines have no side column, so side=LONG is derived from their positive quantity and positive % to NAV. Disclosed exposure statements: Note 4 - 'Total gross exposure to derivative instruments as on July 31, 2026 is 274.42 Lakh (Investment in Long Futures)'; Note 9 - 'Total %age of existing assets hedged through futures: 15.43%' and 'Total exposure due to futures (non hedging positions) as a %age of net assets : 17.50%'. Options and swaps positions are Nil. All DEBT INSTRUMENTS sub-categories are printed NIL, so sleeves.debt is left null rather than assumed zero; sleeves.other is left null because the AMC prints separate Money Market / OTHERS / Other Current Assets sub-totals rather than one 'other' total (all reproduced in disclosedSleeveLabels). GRAND TOTAL (AUM) Rs 13,252.96 lakhs. Allotment date 25 May 2026.
Normalised from the AMC's published portfolio statement. Derivative market value, notional exposure and regulatory gross exposure can be measured on different bases, so the AMC's own statement remains controlling. Holdings are historical and change without notice — this is not a recommendation to buy or sell any security.
Arthaya Equity Long Short Fund is Union Mutual Fund's first strategy under Arthaya SIF — an open-ended, actively managed equity long-short strategy across market capitalisations, benchmarked to NIFTY 200 TRI, with daily subscription and redemption and Risk Band Level 5.
A flexible, all-cap equity long-short mandate. The ISID states the objective as: "The investment objective of the Investment Strategy is to generate long-term capital appreciation over the investment cycle by deploying capital in equity and equity related instruments including limited short exposure through derivatives across the market capitalisation," with the standard no-assurance caveat. It is categorised as an Equity Long-Short Fund with investment strategy code ARTH/O/E/ELSF/26/03/0001/UNIN. 'Arthaya' is Union Mutual Fund's SIF brand.
Asset allocation and the 25% unhedged short cap. The ISID's indicative allocation (as a % of total assets) is: Equity and equity-related instruments (including unhedged short exposure) 80%-100%; Debt and Money Market Instruments including units of debt oriented mutual fund schemes 0%-20%; Units issued by InvITs 0%-20%. The indicative table is more granular: equity derivatives for non-hedging purposes may run Long up to 100% with Unhedged Short Exposure up to 25%; hedged positions in equity and equity related instruments up to 100% of net assets; short selling up to 25%; securities lending up to 20% of net assets (maximum 5% to any single approved intermediary). Cumulative gross exposure must not exceed 100% of net assets.
Benchmarked to NIFTY 200 TRI, with an explicit rationale. The ISID justifies the benchmark on universe grounds: "The investment strategy would predominantly operate in stocks in the F&O space (largecap and midcap stocks), while taking measured exposure to smallcap stocks to generate alpha. As large part of the universe of operation is within top 200 stocks, NSE 200 is chosen as appropriate benchmark." Both the strategy and the benchmark are shown at Risk band Level 5 on the ISID cover page.
Discretionary, not systematic. The investment-approach section describes "an actively managed strategy seeking to generate long term capital appreciation by investing predominantly in equity & equity related instruments," adding that the strategy "offers flexibility across market capitalisations, allowing the fund manager to invest without being constrained by any specific market-cap segment or investment style" and "aims to judiciously manage exposure by balancing equity long and short positions, guided by the fund manager's market outlook and the prevailing risk-reward dynamics at different points in time." The ISID tabulates the short-side derivative strategies it may deploy, including Short Futures and Synthetic Short, with risk levels and the conditions under which each would be used.
Daily dealing, no listing, and a low incremental ticket. Both subscription and redemption frequency are "Daily (only Business Days)." Because the strategy is open-ended and dealt at NAV on all business days, "units of the Investment Strategy are not proposed to be listed on any stock exchange," though the Trustee reserves the right to list later. Minimum application is Rs 10,00,000 in multiples of Re 1 (Rs 1,00,000 for accredited investors), additional purchases are Rs 10,000, and minimum redemption is only Rs 1,000 and in multiples of Re 1 — subject throughout to the Rs 10 lakh PAN-level minimum across all Arthaya SIF strategies.
Sources: Union Mutual Fund / Arthaya SIF — Arthaya Equity Long Short Fund, Investment Strategy Information Document (ISID), dated April 17, 2026 · Union Mutual Fund — Arthaya Equity Long Short Fund, Key Information Memorandum (KIM) · Arthaya SIF — Arthaya Equity Long Short Fund scheme page. Scheme facts are as disclosed by the AMC at the time of writing; fund managers, load structures and allocation bands can change — always read the current SID/KIM before investing.
Everything on this page traces back to a document Union published. Here they are, so you can read the primary source yourself rather than take our word for it.
All Equity Long-Short funds we track, with their latest NAV, trailing returns, size and risk level. This fund is highlighted. Click a column heading to sort the table; the # column then shows each fund's position on that column. It is arithmetic on the period you chose, not a rating or a recommendation. Most SIFs are young, so check each fund's age before comparing. Open any fund's page from its name, or use the compare tool for a side-by-side view.
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|---|---|---|---|---|---|---|---|---|
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“—” means the fund is too young for that period or the figure isn't disclosed yet. Default order: 3-month return. NAV and returns follow the plan selected above (Growth option); AUM and risk level from Value Research.
Holds at least 80% in equity and equity-related instruments, with unhedged short exposure of up to 25% of net assets taken through derivatives — an all-cap approach with a derivative overlay.
Every Specialized Investment Fund sits between mutual funds and PMS: a ₹10 lakh minimum (aggregated per PAN per AMC), SEBI's Chapter VI-C framework, and mutual-fund-grade taxation — equity-oriented strategies attract 12.5% LTCG after 12 months. Learn the mechanics on our What is a SIF page, or read the August 2026 Coverage Report.
SIFs carry a ₹10 lakh minimum and real derivative risk. Talk to a Trustner relationship manager — 20 minutes, no fee, no obligation. We are an AMFI-registered distributor (ARN-286886); we do not provide personalised investment advice.
The people named as designated fund managers in the scheme's official disclosures. Fund managers can change over the life of a scheme — verify against the current KIM before investing.