qSIF Active Asset Allocator: construction and changes at 31 Jul 2026
Money market: 55.29% of NAV, the largest disclosed asset allocation.
AI Brief
What changed
Listed equity: 49.03% to 42.72% (down 6.31 percentage points). Money market: 51.32% to 55.29% (up 3.97 percentage points).
Why it matters
Money-market instruments lead the allocation. They may provide liquidity or collateral for derivatives; this allocation alone does not signal a bearish strategy.
What to watch
At the next comparable disclosure, check whether equity weight changes persist and whether overall long and short derivative usage changes on the same measurement basis.
What remains uncertain
Changes in holdings do not establish executed trades or the manager's intent. Derivative percentages cannot be added to asset weights. Missing figures are not zero.
Generated by Codex-authored research rules from this article and its evidence · 8 Oct 2026
SIFprime View
Money market leads at 55.29%
Money-market instruments lead the allocation. They may provide liquidity or collateral for derivatives; this allocation alone does not signal a bearish strategy.
Explore the evidencePORTFOLIO ALLOCATION
Latest allocation & changes
Compared with 29 May 2026 · pp = percentage points
- Listed equity
- 42.72%(reduced by 6.31 pp)
- Money market
- 55.29%(increased by 3.97 pp)
Derivative positioning
- Short derivativesFutures reported %
- 15.47%(increased by 14.34 pp)
- Futures · signed totalFutures reported %
- -15.47%(reduced by 26.20 pp)
Percentages are compared on the same source basis. These measures can overlap and are not added to capital allocation. Contract or short-stock rotations are not treated as company additions or removals.
Only quantified categories are shown. Missing figures are not zero; changes appear only when both disclosures are comparable.
Equity activity
22 companiesLargest weight changes in each group · % of NAV
| Activity |
|---|
Explore the disclosed holdings
qSIF Active Asset Allocator · 31 Jul 2026
Portfolio sleeves
12 disclosed lines
Equity movements vs 29 May 2026 · Scroll inside the table to inspect all rows. The page layout stays fixed.
| # | Security / ISIN | Sector / bucket | Weight (% NAV) | Exposure (% NAV) |
|---|---|---|---|---|
| 01 | INDO-MIM LimitedINE084101034 · long Entries: Newly disclosed compared with the previous portfolio | Industrial Manufacturing | 9.59% | 9.59% |
| 02 | Adani Energy Solutions LimitedINE931S01010 · long Entries: Newly disclosed compared with the previous portfolio | Power | 7.91% | 7.91% |
| 03 | Adani Green Energy LimitedINE364U01010 · long Entries: Newly disclosed compared with the previous portfolio | Power | 4.80% | 4.80% |
| 04 | JSW Infrastructure LimitedINE880J01026 · long Entries: Newly disclosed compared with the previous portfolio | Transport Infrastructure | 4.29% | 4.29% |
| 05 | Caliber Mining and Logistics LimitedINE11XY01018 · long Entries: Newly disclosed compared with the previous portfolio | Consumable Fuels | 3.92% | 3.92% |
| 06 | Indus Towers LimitedINE121J01017 · long Entries: Newly disclosed compared with the previous portfolio | Telecom - Services | 2.98% | 2.98% |
| 07 | Capri Global Capital LimitedINE180C01042 · long Entries: Newly disclosed compared with the previous portfolio | Finance | 2.71% | 2.71% |
| 08 | UPL LimitedINE628A01036 · long Entries: Newly disclosed compared with the previous portfolio | Fertilizers & Agrochemicals | 2.37% | 2.37% |
| 09 | LIC Housing Finance LtdINE115A01026 · long Reduced: 3.74% → 1.40% of NAV | Finance | 1.40% | 1.40% |
| 10 | Hexaware Technologies LimitedINE093A01041 · long Entries: Newly disclosed compared with the previous portfolio | IT - Software | 1.40% | 1.40% |
| 11 | MANGALORE REFINERY & PETROCHEMICALS LTDINE103A01014 · long Entries: Newly disclosed compared with the previous portfolio | Petroleum Products | 1.21% | 1.21% |
| 12 | BLUE JET HEALTHCARE LTDINE0KBH01020 · long Entries: Newly disclosed compared with the previous portfolio | Pharmaceuticals & Biotechnology | 0.13% | 0.13% |
Exited holdings 10
Present in the previous disclosure, absent from the latest. Excluded from current holdings and sector weights.
| Company | Movement | Previous % NAV |
|---|---|---|
| Bharti Airtel LimitedINE397D01024 | Exits: 6.34% in the previous disclosure | 6.34% |
| HDFC Life Insurance Co LtdINE795G01014 | Exits: 6.29% in the previous disclosure | 6.29% |
| Reliance Industries LimitedINE002A01018 | Exits: 6.09% in the previous disclosure | 6.09% |
| L&T Technology Services LimitedINE010V01017 | Exits: 5.71% in the previous disclosure | 5.71% |
| HFCL LimitedINE548A01028 | Exits: 5.06% in the previous disclosure | 5.06% |
| Tech Mahindra LimitedINE669C01036 | Exits: 4.92% in the previous disclosure | 4.92% |
| YES Bank Ltd.INE528G01035 | Exits: 4.67% in the previous disclosure | 4.67% |
| Manappuram Finance LtdINE522D01027 | Exits: 2.28% in the previous disclosure | 2.28% |
| Apollo Tyres LtdINE438A01022 | Exits: 1.99% in the previous disclosure | 1.99% |
| Kaynes Technology India LimitedINE918Z01012 | Exits: 1.93% in the previous disclosure | 1.93% |
Weight and exposure are separate source fields. Source signs are retained; missing values are unavailable, not zero. Derivative weights do not establish total or unhedged exposure.
The construction in context
- Money market: 55.29% of NAV, the largest disclosed asset allocation.
- The statement contains 5 short derivative lines. Short contracts can serve hedging, arbitrage or directional purposes; their presence alone does not establish a bearish view.
- INDO-MIM Limited (9.59% of NAV); Adani Energy Solutions Limited (7.91% of NAV); Adani Green Energy Limited (4.80% of NAV).
- Power represents 12.71% of NAV among the disclosed cash-equity lines. Unclassified sectors are excluded.
Movement between the actual disclosure dates
- Listed equity: 49.03% to 42.72% (down 6.31 percentage points).
- Money market: 51.32% to 55.29% (up 3.97 percentage points).
- Short derivative lines: 1.12% to 15.47% (up 14.34 percentage points).
- Futures: reported signed percentage: 10.73% to -15.47% (down 26.20 percentage points).
- 11 equity entries. Largest disclosed weights: INDO-MIM Limited, Adani Energy Solutions Limited, Adani Green Energy Limited.
- 10 equity exits. Largest previous weights: Bharti Airtel Limited, HDFC Life Insurance Co Ltd, Reliance Industries Limited.
- LIC Housing Finance Ltd: 3.74% to 1.40% of NAV (reduced by 2.34 percentage points).
- Company changes cover cash equities only. Derivatives and shorts are compared by aggregate percentage on the same measurement basis. The detailed equity table contains every company change.
Reading the strategy
- Money-market instruments lead the allocation. They may provide liquidity or collateral for derivatives; this allocation alone does not signal a bearish strategy.
What the evidence can support
- Changes compare disclosed snapshots; they do not identify actual purchases, sales, turnover or returns.
- Derivative percentages are shown separately from asset weights. No combined gross, net-market or delta-adjusted exposure is inferred.
- A strategy interpretation describes what the holdings may imply; only an AMC statement can establish the manager's intent.
- Compared with the preceding compatible disclosure, using its actual dates.
Sources & methodology
How to read this research
- Analysis uses the captured disclosure. Portfolio dates and the report preparation date are shown separately.
- Cash-equity concentration uses long cash-equity weights. Derivatives are measured separately and are not added to allocation weights.
- Changes compare disclosed snapshots; they do not establish trade timing or manager intent. Interpretation is separate from the disclosed facts.