Track SIF Performance Across All Categories
Stay updated with monthly performance reports, live NAV data, and returns analysis for every Specialized Investment Fund in India. Our performance tracker covers all 14 SIFs across Equity Long Short, Hybrid Long Short, Ex-Top 100, and Active Asset Allocator categories.
Monthly Performance Reports
SIFPrime publishes detailed monthly performance reports for every SIF category. Each report includes NAV changes, returns since inception, benchmark comparisons, and category-level analysis. Click on any month or category to view the full report.
February 2026
Full ReportJanuary 2026
How SIF Performance Is Measured
Understanding how SIF returns are calculated and reported is essential for making informed investment decisions. Unlike PMS which reports portfolio-level returns, SIFs use a standardised NAV-based system similar to mutual funds.
NAV-Based Returns
Every SIF declares a daily Net Asset Value (NAV) which reflects the per-unit value of the fund after accounting for all expenses, gains, and losses. Returns are calculated as the percentage change in NAV over a given period. This is the same methodology used by mutual funds, making it easy for investors to compare SIF performance against their existing MF portfolio. NAV is published daily on AMC websites and aggregated on platforms like SIFPrime.
Since-Inception Returns
Given that most SIFs launched in early to mid 2025, the primary performance metric currently available is since-inception return. This measures the total return from the fund's launch date to the present. As SIFs mature, additional metrics like 1-year, 3-year, and 5-year returns will become available. SIFPrime tracks since-inception returns for all 14 SIFs and updates them monthly in our performance reports.
Benchmark Comparison
Each SIF has a designated benchmark index against which its performance is measured. Equity Long Short SIFs typically benchmark against Nifty 50 or Nifty 500, while Hybrid SIFs may use a composite benchmark. The alpha generated over the benchmark is a critical measure of the fund manager's skill. Our reports include benchmark returns alongside SIF returns so you can evaluate whether the fund is delivering on its mandate.
Risk-Adjusted Returns
Raw returns only tell half the story. SIFs with long-short strategies are designed to deliver better risk-adjusted returns than traditional long-only funds. Metrics like the Sharpe ratio, which measures return per unit of risk, and maximum drawdown, which shows the largest peak-to-trough decline, are essential for evaluating whether a SIF is truly adding value through its hedging and shorting capabilities.
Key Metrics Every SIF Investor Should Track
Beyond simple returns, monitoring these four key metrics will give you a complete picture of your SIF investment's health and the fund manager's effectiveness.
NAV
The Net Asset Value is the foundation of SIF performance tracking. Monitor daily NAV movements to understand how your fund reacts to market events. A steadily rising NAV with controlled drawdowns indicates effective fund management. Track live NAV for all SIFs on our dedicated NAV page.
View Live NAV Data →AUM
Assets Under Management reflects investor confidence and fund scale. Growing AUM indicates that both new investments are flowing in and existing investments are appreciating. Very large AUM can sometimes constrain fund manager flexibility, while very small AUM may indicate lack of market interest. Track AUM trends monthly.
Drawdown
Maximum drawdown measures the largest decline from peak to trough. For SIFs with long-short strategies, drawdown control is a key differentiator. A lower maximum drawdown compared to the benchmark indicates that the fund's hedging strategies are working effectively. This is especially important during volatile market conditions.
Sharpe Ratio
The Sharpe ratio measures excess return per unit of risk. A higher Sharpe ratio means the fund is generating better returns for each unit of volatility taken. For SIFs, a Sharpe ratio above 1.0 is considered good. This metric becomes more meaningful as SIFs build a longer track record over the coming quarters.