2 Funds Analyzed • NAV Data up to 30-Mar-2026
Alert: Ex-Top 100 category hit hardest across all SIF fund types in March 2026. qSIF -14.02% since inception is the worst drawdown in the entire SIF universe.
-6.27%
Best March Return
qSIF
-7.30%
Worst March Return
iSIF
-6.79%
Category Avg (Mar)
Both negative
-14.02%
Worst Since Inception
qSIF (worst in SIF universe)
1M: up to 30-Mar-2026 • 3M: Jan–Mar 2026 • Since Inception: NFO launch to 30-Mar-2026
| Fund | End NAV (30-Mar) | 1M (Mar) | Since Inception |
|---|---|---|---|
iSIF Ex-Top 100 L-S ICICI Prudential • 3M = Since Inception | ₹9.0200 | -7.30% | -9.71% |
qSIF Ex-Top 100 L-S Quant | ₹8.6080 | -6.27% | -14.02% |
qSIF: -14.02% since inception
The deepest drawdown across the ENTIRE SIF universe (all categories combined). Launched Nov-25, midcap/smallcap heavy exposure amplified market losses significantly.
Hardest hit category
Ex-Top 100 averaged -6.79% in March vs Hybrid L-S (-2.76%) and Equity L-S (-4.96%). No large-cap defensive buffer during the selloff.
Both funds deep in red
iSIF at -9.71% and qSIF at -14.02% since inception. No fund in this category has delivered positive returns since launch.
iSIF: Launched Feb 2026
3M return equals Since Inception — insufficient history for full Jan–Mar window. Already down -9.71% in under 2 months.
1-month returns comparison
Cumulative returns from NFO to 30-Mar-2026
ICICI Prudential • 05-Feb-26
Incep. NAV
₹9.9900
End NAV
₹9.0200
1M
-7.30%3M
-9.71%Overall
-9.71%3M = Since Inception
Quant • 13-Nov-25
Incep. NAV
₹10.0111
End NAV
₹8.6080
1M
-6.27%3M
-13.03%Overall
-14.02%| Category | Avg 1M Return | Impact Level |
|---|---|---|
| Hybrid Long-Short | -2.76% | Moderate |
| Equity Long-Short | -4.96% | High |
| Ex-Top 100 Long-Short | -6.79% | Severe |
The midcap/smallcap mandate of Ex-Top 100 funds meant no large-cap defensive buffer during the broad selloff.
Source: AMFI (amfiindia.com) • Direct Plan — Growth Option • NAV as of 30-Mar-2026
Disclaimer: NAV data sourced from AMFI. iSIF Ex-Top 100 launched 05-Feb-2026 — 3M return equals Since Inception. Ex-Top 100 funds invest primarily in stocks outside the Nifty 100 index, carrying higher volatility and risk. Past performance is not indicative of future returns. Please consult a SEBI-registered Investment Advisor before investing.
Official AUM data · Risk calculation methodology · Fund comparisons