Comprehensive analysis of 4 Hybrid Long-Short Strategy Funds tracking returns, volatility, risk-adjusted performance and correlations.
Edelweiss
Quant
SBI
ICICI Prudential
All funds indexed to 100 on December 31, 2025 for comparative analysis
Performance Rankings Across Key Metrics
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
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.
Official AUM data · Risk calculation methodology · Fund comparisons