Fund-versus-fund research · Direct Growth
Compare two equity long-short mandates while keeping plan, benchmark and actual net exposure distinct.
Research framework: Kiran Dutta · Sources, limitations and disclosures
iSIF ELS uses a fundamental approach and the Nifty 500 TRI benchmark. qSIF Equity uses a quantitative approach and the Nifty 500 benchmark. Check actual portfolio exposures before interpreting their return gap.
iSIF ELS's reference redemption terms are Daily; qSIF Equity's are Weekly. 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 | iSIF Equity Long-Short | qSIF Equity Long-Short |
|---|---|---|
| Fund house | ICICI Prudential | Quant Mutual Fund |
| Category | Equity Long-Short | Equity Long Short |
| Approach | fundamental | quantitative |
| Declared benchmark | Nifty 500 TRI | Nifty 500 |
| Latest aligned Direct Growth NAV | 10.4800 | 10.7891 |
| 1-month absolute return | -3.32% | -3.26% |
| 3-month absolute return | 2.54% | -1.04% |
| Direct TER reference | 2.10% | 1.25% |
| Regular TER reference | 2.10% | 2.15% |
| Redemption reference | Daily | Weekly |
| Settlement reference | T+3 | T+3 |
| Exit-load reference | 1% if redeemed within 12 months | 0.50% if redeemed within 90 days |
| Observed common-window volatility | 10.02% | 9.90% |
| Observed common-window Sharpe | 0.92 | 1.02 |
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 2026-06-08 – 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: AMFI SIF daily NAV (2026-10-08); AMFI SIF daily NAV (2026-10-08).