Fund-versus-fund research · Direct Growth
Compare a multi-strategy hybrid mandate with a quantitative hybrid approach. Similar category names do not imply equal equity exposure.
Research framework: Kiran Dutta · Sources, limitations and disclosures
Altiva uses a multi-strategy approach and the NIFTY 50 Hybrid Composite Debt 50:50 benchmark. qSIF Hybrid uses a quantitative approach and the NIFTY 50 Hybrid Composite Debt 50:50 benchmark. Check actual portfolio exposures before interpreting their return gap.
Altiva's reference redemption terms are 2x per week (Mon & Wed); qSIF Hybrid's are Tuesday & Wednesday. The latest AMC dealing notices control. A stronger historical return does not establish a better fit for your liquidity needs.
Aligned NAV date: 2026-10-08. Direct Growth research; SIFPrime investment orders use the plan identified on the ticket. TER, exit-load and dealing terms below are scheme-reference values, not a claim of today's verified rate; confirm the latest AMC disclosure.
| Measure | Altiva Hybrid Long-Short | qSIF Hybrid Long-Short |
|---|---|---|
| Fund house | Edelweiss | Quant Mutual Fund |
| Category | Hybrid Long Short | Hybrid Long Short |
| Approach | multi-strategy | quantitative |
| Declared benchmark | NIFTY 50 Hybrid Composite Debt 50:50 | NIFTY 50 Hybrid Composite Debt 50:50 |
| Latest aligned Direct Growth NAV | 10.9717 | 12.9293 |
| 1-month absolute return | -1.58% | 2.52% |
| 3-month absolute return | 1.03% | 21.21% |
| Direct TER reference | 1.35% | 1.10% |
| Regular TER reference | 2.25% | 1.95% |
| Redemption reference | 2x per week (Mon & Wed) | Tuesday & Wednesday |
| Settlement reference | T+3 | T+3 |
| Exit-load reference | 0.50% if redeemed within 90 days | 1% if redeemed within 15 days; Nil after |
| Observed common-window volatility | 3.41% | 10.37% |
| Observed common-window Sharpe | 1.37 | 2.18 |
1M window: 2026-09-08 – 2026-10-08. 3M window: 2026-07-09 – 2026-10-08. Returns are shown only when both start and end dates match.
Risk metrics use 2025-10-24 – 2026-10-08, retaining only dates observed for both funds. Volatility and Sharpe are annualized using 252 trading days. Sharpe uses 5.3324% (RBI 91-day Treasury Bill cut-off yield, 2026-07-17). Short histories make annualized metrics provisional.
These are NAV observations, not official AMC risk bands or a capital guarantee. Mandate, derivative exposure, liquidity, cost and portfolio concentration need separate due diligence. A smaller historical drawdown cannot establish that future losses will be smaller.
Mandate, managers, holdings, risks and full source-document context.
Mandate, managers, holdings, risks and full source-document context.
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SIFPrime is a distributor and provides research for information. This page is not a personalized investment recommendation. Fund sources: Trezofin SIF NAV history (2026-10-08); AMFI SIF daily NAV (2026-10-08).