Hybrid Long-Short SIF FundPerformance Report
Comprehensive analysis of 4 Hybrid Long-Short Strategy Funds tracking returns, volatility, risk-adjusted performance and correlations.
Fund Performance Snapshot
Edelweiss
Altiva SIF
Quant
QSIF
SBI
Magnum SIF
ICICI Prudential
Titanium SIF
Indexed NAV Performance
All funds indexed to 100 on December 31, 2025 for comparative analysis
🏆 January 2026 Leaderboard
Performance Rankings Across Key Metrics
Best Returns
Lowest Volatility
Best Risk-Adjusted Returns
Smallest Drawdown
Key Insights
WINNER: Altiva SIF
- •Only fund with positive returns (+0.03%)
- •Lowest volatility at 0.15%
- •Most stable performance throughout the month
- •Best defensive positioning
HIGHEST RISK: QSIF
- •Largest drawdown at -2.59%
- •Highest volatility at 0.34%
- •Worst monthly return at -1.27%
- •Sharpe ratio of -3.15 indicates poor risk-adjusted returns
MARKET ENVIRONMENT
- •Challenging month for hybrid long-short funds
- •3 out of 4 funds delivered negative returns
- •High correlation between funds (0.60-0.83)
- •Defensive strategies outperformed aggressive ones
INVESTOR TAKEAWAYS
- •Altiva demonstrated superior risk management
- •Volatility ranged from 0.15% to 0.38%
- •Fund selection matters significantly
- •Consider volatility alongside returns
Fund Returns Correlation
High correlation suggests systematic market pressures affecting all funds similarly
| Altiva | QSIF | Magnum | Titanium | |
|---|---|---|---|---|
| Altiva | 1.00 | 0.60 | 0.74 | 0.83 |
| QSIF | 0.60 | 1.00 | 0.62 | 0.63 |
| Magnum | 0.74 | 0.62 | 1.00 | 0.76 |
| Titanium | 0.83 | 0.63 | 0.76 | 1.00 |
Correlation ranges from 0.60 to 0.83, indicating moderate to high interdependence
Summary & Recommendations
In January 2026, Altiva SIF emerged as the clear winner among hybrid long-short funds, being the only fund to deliver positive returns while maintaining the lowest volatility. The month proved challenging for most SIF funds, with high inter-fund correlation suggesting systematic market pressures.
Investors should prioritize risk management and volatility metrics when selecting SIF funds, as demonstrated by Altiva's defensive positioning.
Data Source: NAV Historical Data | Analysis Period: Jan 1-30, 2026
Disclaimer: Past performance does not guarantee future returns. Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing.