Titanium Hybrid Long-Short: construction and changes at 30 Sep 2026
Key takeaway
Listed equity: 52.94% of NAV, the largest disclosed asset allocation.
Cash equity52.94%(increased by 1.39 pp)
Top-ten cash equity27.78%(increased by 1.56 pp)
Cash-equity rows43Prior: 47
AI Brief
What changed
Listed equity: 51.55% to 52.94% (up 1.39 percentage points). Debt securities: 24.83% to 25.85% (up 1.02 percentage points).
Why it matters
Equity selection is central to this portfolio. Read its sector and company concentrations alongside derivative positioning; the equity weight alone does not measure net market exposure.
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
OUR READING
SIFprime View
Listed equity leads at 52.94%
Equity selection is central to this portfolio. Read its sector and company concentrations alongside derivative positioning; the equity weight alone does not measure net market exposure.
Explore the evidencePORTFOLIO ALLOCATION
Latest allocation & changes
Compared with 31 Jul 2026 · pp = percentage points
- Listed equity
- 52.94%(increased by 1.39 pp)
- Debt securities
- 25.85%(increased by 1.02 pp)
- Money market
- 16.16%(increased by 4.33 pp)
- Cash and net current assets
- 2.00%(reduced by 1.14 pp)
- REITs, InvITs and other listed units
- 3.05%
Derivative positioning
- Futures · signed totalFutures reported %
- 5.56%(reduced by 4.21 pp)
- Options · signed totalOptions valuation %
- 0.07%
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.
Explore the disclosed holdings
Titanium Hybrid Long-Short · 30 Sept 2026
Portfolio sleeves
Listed equitylong
43 disclosed lines
Equity movements vs 31 Jul 2026 · Scroll inside the table to inspect all rows. The page layout stays fixed.
| # | Security / ISIN | Sector / bucket | Weight (% NAV) | Exposure (% NAV) |
|---|---|---|---|---|
| 01 | ICICI BANK LTD.INE090A01021 · long | Banks | 4.40% | 4.40% |
| 02 | HDFC BANK LTD.INE040A01034 · long Increased: 3.95% → 4.33% of NAV | Banks | 4.33% | 4.33% |
| 03 | MAHINDRA & MAHINDRA LTD.INE101A01026 · long Reduced: 3.18% → 3.00% of NAV | Automobiles | 3.00% | 3.00% |
| 04 | BHARTI AIRTEL LTD.INE397D01024 · long Reduced: 3.02% → 2.93% of NAV | Telecom - Services | 2.93% | 2.93% |
| 05 | RELIANCE INDUSTRIES LTD.INE002A01018 · long Reduced: 2.67% → 2.63% of NAV | Petroleum Products | 2.63% | 2.63% |
| 06 | LARSEN & TOUBRO LTD.INE018A01030 · long Increased: 2.42% → 2.50% of NAV | Construction | 2.50% | 2.50% |
| 07 | LIFE INSURANCE CORPORATION OF INDIAINE0J1Y01017 · long Increased: 0.29% → 2.12% of NAV | Insurance | 2.12% | 2.12% |
| 08 | NTPC Ltd.INE733E01010 · long Increased: 1.95% → 1.97% of NAV | Power | 1.97% | 1.97% |
| 09 | TEMPSENS INSTRUMENTS INDIA LIMITEDINE1KZI01025 · long Entries: Newly disclosed compared with the previous portfolio | Industrial Manufacturing | 1.95% | 1.95% |
| 10 | STATE BANK OF INDIAINE062A01020 · long Increased: 1.93% → 1.95% of NAV | Banks | 1.95% | 1.95% |
| 11 | ITC LTD.INE154A01025 · long Increased: 1.44% → 1.46% of NAV | Diversified FMCG | 1.46% | 1.46% |
| 12 | VISHAL MEGA MART LTDINE01EA01019 · long Increased: 1.09% → 1.42% of NAV | Retailing | 1.42% | 1.42% |
| 13 | AXIS BANK LTD.INE238A01034 · long Increased: 1.26% → 1.36% of NAV | Banks | 1.36% | 1.36% |
| 14 | KANOHAR ELECTRICALS LTD.INE877D01025 · long Entries: Newly disclosed compared with the previous portfolio | Electrical Equipment | 1.25% | 1.25% |
| 15 | MARUTI SUZUKI INDIA LTD.INE585B01010 · long Increased: 0.73% → 1.11% of NAV | Automobiles | 1.11% | 1.11% |
| 16 | VEDANTA ALUMINIUM METAL LTD.INE1CDF01017 · long Reduced: 1.08% → 1.07% of NAV | Non - Ferrous Metals | 1.07% | 1.07% |
| 17 | BRITANNIA INDUSTRIES LTD.INE216A01030 · long Reduced: 1.11% → 1.07% of NAV | Food Products | 1.07% | 1.07% |
| 18 | JINDAL STEEL LTD.INE749A01030 · long Increased: 0.94% → 1.05% of NAV | Ferrous Metals | 1.05% | 1.05% |
| 19 | TATA COMMUNICATIONS LTD.INE151A01013 · long Increased: 0.96% → 0.98% of NAV | Telecom - Services | 0.98% | 0.98% |
| 20 | SHREE CEMENT LTD.INE070A01015 · long Reduced: 1.02% → 0.95% of NAV | Cement & Cement Products | 0.95% | 0.95% |
| 21 | CAN FIN HOMES LTD.INE477A01020 · long Increased: 0.84% → 0.93% of NAV | Finance | 0.93% | 0.93% |
| 22 | BAYER CROPSCIENCE LTD.INE462A01022 · long Reduced: 0.98% → 0.91% of NAV | Fertilizers & Agrochemicals | 0.91% | 0.91% |
| 23 | DR REDDYS LABORATORIES LTD.INE089A01031 · long Increased: 0.78% → 0.91% of NAV | Pharmaceuticals & Biotechnology | 0.91% | 0.91% |
| 24 | TENNECO CLEAN AIR INDIA LIMITED.INE19RI01016 · long Entries: Newly disclosed compared with the previous portfolio | Auto Components | 0.90% | 0.90% |
| 25 | PRESTIGE ESTATES PROJECTS LTD.INE811K01011 · long Reduced: 0.83% → 0.82% of NAV | Realty | 0.82% | 0.82% |
| 26 | INDIAN OIL CORPORATION LTD.INE242A01010 · long Increased: 0.78% → 0.81% of NAV | Petroleum Products | 0.81% | 0.81% |
| 27 | HDFC LIFE INSURANCE CO. LTD.INE795G01014 · long Increased: 0.75% → 0.77% of NAV | Insurance | 0.77% | 0.77% |
| 28 | HAVELLS INDIA LTD.INE176B01034 · long Increased: 0.64% → 0.75% of NAV | Consumer Durables | 0.75% | 0.75% |
| 29 | ICICI LOMBARD GENERAL INSURANCE CO. LTD.INE765G01017 · long Increased: 0.41% → 0.74% of NAV | Insurance | 0.74% | 0.74% |
| 30 | BLUE STAR LTD.INE472A01039 · long Reduced: 0.72% → 0.70% of NAV | Consumer Durables | 0.70% | 0.70% |
| 31 | JSW DULUX LTD.INE133A01011 · long Increased: 0.60% → 0.68% of NAV | Consumer Durables | 0.68% | 0.68% |
| 32 | TATA CHEMICALS LTD.INE092A01019 · long Reduced: 0.69% → 0.68% of NAV | Chemicals & Petrochemicals | 0.68% | 0.68% |
| 33 | ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD.INE342J01019 · long Increased: 0.38% → 0.61% of NAV | Auto Components | 0.61% | 0.61% |
| 34 | SPR AUTO TECHNOLOGIES LTDINE526E01018 · long Entries: Newly disclosed compared with the previous portfolio | Auto Components | 0.53% | 0.53% |
| 35 | MPHASIS LTD.INE356A01018 · long | IT - Software | 0.52% | 0.52% |
| 36 | ABBOTT INDIA LTD.INE358A01014 · long Entries: Newly disclosed compared with the previous portfolio | Pharmaceuticals & Biotechnology | 0.48% | 0.48% |
| 37 | TVS HOLDINGS LTD.INE105A01035 · long Reduced: 0.50% → 0.45% of NAV | Finance | 0.45% | 0.45% |
| 38 | SYNGENE INTERNATIONAL LTD.INE398R01022 · long Increased: 0.36% → 0.37% of NAV | Healthcare Services | 0.37% | 0.37% |
| 39 | AMBER ENTERPRISES INDIA LTD.INE371P01015 · long Entries: Newly disclosed compared with the previous portfolio | Consumer Durables | 0.37% | 0.37% |
| 40 | PB FINTECH LTD.INE417T01026 · long Entries: Newly disclosed compared with the previous portfolio | Financial Technology (Fintech) | 0.30% | 0.30% |
| 41 | DHOOT TRANSMISSION LTD.INE01NH01023 · long Entries: Newly disclosed compared with the previous portfolio | Auto Components | 0.17% | 0.17% |
| 42 | VEDANTA IRON AND STEEL LTD.INE1CLE01013 · long | Ferrous Metals | 0.03% | 0.03% |
| 43 | MAX HEALTHCARE INSTITUTE LTD.INE027H01010 · long | Healthcare Services | 0.01% | 0.01% |
Exited holdings 12
Present in the previous disclosure, absent from the latest. Excluded from current holdings and sector weights.
| Company | Movement | Previous % NAV |
|---|---|---|
| BROOKFIELD INDIA REAL ESTATE TRUSTINE0FDU25010 | Exits: 1.16% in the previous disclosure | 1.16% |
| EMBASSY OFFICE PARKS REITINE041025011 | Exits: 1.12% in the previous disclosure | 1.12% |
| NHPC LTD.INE848E01016 | Exits: 1.07% in the previous disclosure | 1.07% |
| AMBUJA CEMENTS LTD.INE079A01024 | Exits: 0.99% in the previous disclosure | 0.99% |
| LG ELECTRONICS INDIA LTDINE324D01010 | Exits: 0.89% in the previous disclosure | 0.89% |
| INDUSIND BANK LTD.INE095A01012 | Exits: 0.86% in the previous disclosure | 0.86% |
| OIL INDIA LTD.INE274J01014 | Exits: 0.78% in the previous disclosure | 0.78% |
| CYIENT LTD.INE136B01020 | Exits: 0.51% in the previous disclosure | 0.51% |
| OMNITECH ENGINEERING LTDINE0UH301010 | Exits: 0.49% in the previous disclosure | 0.49% |
| GRINDWELL NORTON LTD.INE536A01023 | Exits: 0.36% in the previous disclosure | 0.36% |
| VEDANTA POWER LTD. (FORMERLY KNOWN AS TALWANDI SABO POWER LTD.)INE694L01019 | Exits: 0.03% in the previous disclosure | 0.03% |
| VEDANTA OIL AND GAS LTD.(FORMERLY KNOWN AS MALCO ENERGY LTD.)INE704J01044 | Exits: 0.03% in the previous disclosure | 0.03% |
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
- Listed equity: 52.94% of NAV, the largest disclosed asset allocation.
- The statement contains 13 long derivative lines. Long contracts can adjust exposure or form part of a multi-leg strategy; their purpose is not inferred from direction alone.
- The statement contains 8 short derivative lines. Short contracts can serve hedging, arbitrage or directional purposes; their presence alone does not establish a bearish view.
- ICICI BANK LTD. (4.40% of NAV); HDFC BANK LTD. (4.33% of NAV); MAHINDRA & MAHINDRA LTD. (3.00% of NAV).
- Banks represents 12.04% of NAV among the disclosed cash-equity lines. Unclassified sectors are excluded.
Movement between the actual disclosure dates
- Listed equity: 51.55% to 52.94% (up 1.39 percentage points).
- Debt securities: 24.83% to 25.85% (up 1.02 percentage points).
- Money market: 11.83% to 16.16% (up 4.33 percentage points).
- Cash and net current assets: 3.14% to 2.00% (down 1.14 percentage points).
- Futures: reported signed percentage: 9.77% to 5.56% (down 4.21 percentage points).
- 8 equity entries. Largest disclosed weights: TEMPSENS INSTRUMENTS INDIA LIMITED, KANOHAR ELECTRICALS LTD., TENNECO CLEAN AIR INDIA LIMITED..
- 12 equity exits. Largest previous weights: BROOKFIELD INDIA REAL ESTATE TRUST, EMBASSY OFFICE PARKS REIT, NHPC LTD..
- LIFE INSURANCE CORPORATION OF INDIA: 0.29% to 2.12% of NAV (increased by 1.83 percentage points).
- HDFC BANK LTD.: 3.95% to 4.33% of NAV (increased by 0.38 percentage points).
- MARUTI SUZUKI INDIA LTD.: 0.73% to 1.11% of NAV (increased by 0.38 percentage points).
- VISHAL MEGA MART LTD: 1.09% to 1.42% of NAV (increased by 0.33 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
- Equity selection is central to this portfolio. Read its sector and company concentrations alongside derivative positioning; the equity weight alone does not measure net market exposure.
What the evidence can support
- The latest disclosure has partial fields. Missing fields remain unavailable.
- 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.