Apex Hybrid Long-Short

• 2026-10 Direct Growth return +0.18%, observed from 2026-09-30 to 2026-10-19 (month to date). [nav]
• Since first published NAV: +7.80% at 2026-10-19. [nav]
• No monthly portfolio captured for 2026-10. Last stored monthly disclosure is 2026-09-30; it is not this month's portfolio.

Interpretation limits

• Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.
• A missing stored capture does not establish that the AMC failed to disclose it.

* Since first published NAV. NAV returns are absolute, not annualised. Monthly returns use actual observed boundaries; cumulative returns use the stated baseline and are not a sum of rounded monthly returns.

• 2026-09 Direct Growth return -0.10%, observed from 2026-08-31 to 2026-09-30. [nav]
• Since first published NAV: +7.60% at 2026-09-30. [nav]
• Portfolio captured as of 2026-09-30; 186 position lines; capture partial. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +42.22% of assets at 2026-09-30; not net market exposure. [portfolio]
• UPL Ltd.: reported closing weight +5.16% at 2026-09-30. [portfolio]
• Reliance Industries Ltd.: reported closing weight +3.17% at 2026-09-30. [portfolio]
• ICICI Bank Ltd.: reported closing weight +3.09% at 2026-09-30. [portfolio]
• HDFC Bank Ltd.: reported closing weight +2.27% at 2026-09-30. [portfolio]
• Knowledge Realty Trust: reported closing weight +1.02% at 2026-09-30. [portfolio]
• Disclosed hedging (reported): The AMC labels these positions as hedging. The disclosure does not measure how much downside they protected. [portfolio]
• Cash + short futures (possible): Cash shares and short futures share an underlying. This can indicate arbitrage or a hedge; quantities, contract terms and manager commentary are needed to establish the matched strategy. [portfolio]
• Portfolio comparison interval: 2026-08-31 to 2026-09-30. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• ICICI Bank Ltd.: Weight changed; +0.92% to +3.09% across that disclosure interval. [portfolio] [previous]
• Reliance Industries Ltd.: Weight changed; +1.09% to +3.17% across that disclosure interval. [portfolio] [previous]
• Adani Energy Solutions Ltd.: Weight changed; +0.94% to +0.18% across that disclosure interval. [portfolio] [previous]
• LTM Ltd.: Weight changed; +0.66% to not captured across that disclosure interval. [portfolio] [previous]
• Tempsens Instruments (India) Ltd.: Weight changed; +1.18% to +0.55% across that disclosure interval. [portfolio] [previous]

All captured positions · 2026-09-30

Reported weights retain their source basis. Do not add derivative valuations to equity exposure.

Changes between 2026-08-31 and 2026-09-30

Interpretation limits

• Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.
• At least one compared capture is partial. Missing rows cannot establish purchases or exits.
• Linked research was published after this month. It is retrospective evidence, not information known during the month.

* Since first published NAV. NAV returns are absolute, not annualised. Monthly returns use actual observed boundaries; cumulative returns use the stated baseline and are not a sum of rounded monthly returns.

• 2026-08 Direct Growth return +2.09%, observed from 2026-07-31 to 2026-08-31. [nav]
• Since first published NAV: +7.71% at 2026-08-31. [nav]
• Portfolio captured as of 2026-08-31; 162 position lines; capture partial. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +39.39% of assets at 2026-08-31; not net market exposure. [portfolio]
• TVS Motor Company Ltd. (Non-convertible Preference Share) **: reported closing weight +1.82% at 2026-08-31. [portfolio]
• HDFC Bank Ltd.: reported closing weight +1.81% at 2026-08-31. [portfolio]
• Tempsens Instruments (India) Ltd.: reported closing weight +1.18% at 2026-08-31. [portfolio]
• Axis Bank Ltd.: reported closing weight +1.15% at 2026-08-31. [portfolio]
• Reliance Industries Ltd.: reported closing weight +1.09% at 2026-08-31. [portfolio]
• Disclosed hedging (reported): The AMC labels these positions as hedging. The disclosure does not measure how much downside they protected. [portfolio]
• Cash + short futures (possible): Cash shares and short futures share an underlying. This can indicate arbitrage or a hedge; quantities, contract terms and manager commentary are needed to establish the matched strategy. [portfolio]
• Portfolio comparison interval: 2026-07-31 to 2026-08-31. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• Adani Energy Solutions Ltd.: Weight changed; +4.19% to +0.94% across that disclosure interval. [portfolio] [previous]
• INDO-MIM Ltd.: Weight changed; +2.99% to +1.05% across that disclosure interval. [portfolio] [previous]
• Ather Energy Ltd.: Weight changed; +1.46% to +0.22% across that disclosure interval. [portfolio] [previous]
• Torrent Pharmaceuticals Ltd.: Weight changed; +0.98% to +0.29% across that disclosure interval. [portfolio] [previous]
• Bajaj Finance Ltd.: Weight changed; +1.20% to +0.67% across that disclosure interval. [portfolio] [previous]

All captured positions · 2026-08-31

Reported weights retain their source basis. Do not add derivative valuations to equity exposure.

Changes between 2026-07-31 and 2026-08-31

Interpretation limits

• Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.
• At least one compared capture is partial. Missing rows cannot establish purchases or exits.
• Linked research was published after this month. It is retrospective evidence, not information known during the month.

* Since first published NAV. NAV returns are absolute, not annualised. Monthly returns use actual observed boundaries; cumulative returns use the stated baseline and are not a sum of rounded monthly returns.

• 2026-07 Direct Growth return +2.61%, observed from 2026-06-30 to 2026-07-31. [nav]
• Since first published NAV: +5.51% at 2026-07-31. [nav]
• Portfolio captured as of 2026-07-31; 150 position lines; capture parsed. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +45.62% of assets at 2026-07-31; not net market exposure. [portfolio]
• Adani Energy Solutions Ltd.: reported closing weight +4.19% at 2026-07-31. [portfolio]
• INDO-MIM Ltd.: reported closing weight +2.99% at 2026-07-31. [portfolio]
• Ather Energy Ltd.: reported closing weight +1.46% at 2026-07-31. [portfolio]
• HDFC Bank Ltd.: reported closing weight +1.38% at 2026-07-31. [portfolio]
• ICICI Bank Ltd.: reported closing weight +1.32% at 2026-07-31. [portfolio]
• Disclosed hedging (reported): The AMC labels these positions as hedging. The disclosure does not measure how much downside they protected. [portfolio]
• Cash + short futures (possible): Cash shares and short futures share an underlying. This can indicate arbitrage or a hedge; quantities, contract terms and manager commentary are needed to establish the matched strategy. [portfolio]
• Portfolio comparison interval: 2026-06-30 to 2026-07-31. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• Adani Energy Solutions Ltd.: Newly disclosed; not captured to +4.19% across that disclosure interval. [portfolio] [previous]
• INDO-MIM Ltd.: Newly disclosed; not captured to +2.99% across that disclosure interval. [portfolio] [previous]
• INDUS INFRA TRUST: No longer disclosed; +1.97% to not captured across that disclosure interval. [portfolio] [previous]
• Ather Energy Ltd.: Newly disclosed; not captured to +1.46% across that disclosure interval. [portfolio] [previous]
• SBI funds Management ltd.: Newly disclosed; not captured to +1.05% across that disclosure interval. [portfolio] [previous]

All captured positions · 2026-07-31

Reported weights retain their source basis. Do not add derivative valuations to equity exposure.

Changes between 2026-06-30 and 2026-07-31

Interpretation limits

• Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.

* Since first published NAV. NAV returns are absolute, not annualised. Monthly returns use actual observed boundaries; cumulative returns use the stated baseline and are not a sum of rounded monthly returns.

• 2026-06 Direct Growth return +1.91%, observed from 2026-05-29 to 2026-06-30. [nav]
• Since first published NAV: +2.82% at 2026-06-30. [nav]
• Portfolio captured as of 2026-06-30; 125 position lines; capture parsed. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +41.63% of assets at 2026-06-30; not net market exposure. [portfolio]
• INDUS INFRA TRUST: reported closing weight +1.97% at 2026-06-30. [portfolio]
• ICICI Bank Limited: reported closing weight +1.79% at 2026-06-30. [portfolio]
• HDFC Bank Limited: reported closing weight +1.76% at 2026-06-30. [portfolio]
• Axis Bank Limited: reported closing weight +1.25% at 2026-06-30. [portfolio]
• Bajaj Finance Limited: reported closing weight +1.22% at 2026-06-30. [portfolio]
• Cash + short futures (possible): Cash shares and short futures share an underlying. This can indicate arbitrage or a hedge; quantities, contract terms and manager commentary are needed to establish the matched strategy. [portfolio]
• Portfolio comparison interval: 2026-05-31 to 2026-06-30. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• INDUS INFRA TRUST: Newly disclosed; not captured to +1.97% across that disclosure interval. [portfolio] [previous]
• JSW Energy Limited: No longer disclosed; +0.94% to not captured across that disclosure interval. [portfolio] [previous]
• Vedanta Limited: Newly disclosed; not captured to +0.87% across that disclosure interval. [portfolio] [previous]
• Delhivery Ltd: No longer disclosed; +0.86% to not captured across that disclosure interval. [portfolio] [previous]
• Vinati Organics Limited: Newly disclosed; not captured to +0.84% across that disclosure interval. [portfolio] [previous]

All captured positions · 2026-06-30

Reported weights retain their source basis. Do not add derivative valuations to equity exposure.

Changes between 2026-05-31 and 2026-06-30

Interpretation limits

• Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.

* Since first published NAV. NAV returns are absolute, not annualised. Monthly returns use actual observed boundaries; cumulative returns use the stated baseline and are not a sum of rounded monthly returns.

• 2026-05 Direct Growth return +0.50%, observed from 2026-04-30 to 2026-05-29. [nav]
• Since first published NAV: +0.90% at 2026-05-29. [nav]
• Portfolio captured as of 2026-05-31; 129 position lines; capture parsed. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +39.74% of assets at 2026-05-31; not net market exposure. [portfolio]
• HDFC Bank Limited: reported closing weight +2.26% at 2026-05-31. [portfolio]
• Reliance Industries Limited: reported closing weight +1.74% at 2026-05-31. [portfolio]
• ICICI Bank Limited: reported closing weight +1.74% at 2026-05-31. [portfolio]
• Axis Bank Limited: reported closing weight +1.27% at 2026-05-31. [portfolio]
• Bharti Airtel Limited: reported closing weight +1.26% at 2026-05-31. [portfolio]
• Cash + short futures (possible): Cash shares and short futures share an underlying. This can indicate arbitrage or a hedge; quantities, contract terms and manager commentary are needed to establish the matched strategy. [portfolio]
• Portfolio comparison interval: 2026-04-30 to 2026-05-31. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• Tech Mahindra Limited: Weight changed; +1.61% to +0.35% across that disclosure interval. [portfolio] [previous]
• Larsen & Toubro Limited: Weight changed; +2.26% to +1.13% across that disclosure interval. [portfolio] [previous]
• Kotak Mahindra Bank Limited: Weight changed; +1.93% to +0.81% across that disclosure interval. [portfolio] [previous]
• Bank of Baroda: No longer disclosed; +1.08% to not captured across that disclosure interval. [portfolio] [previous]
• Oil & Natural Gas Corporation Limited: No longer disclosed; +1.04% to not captured across that disclosure interval. [portfolio] [previous]

All captured positions · 2026-05-31

Reported weights retain their source basis. Do not add derivative valuations to equity exposure.

Changes between 2026-04-30 and 2026-05-31

Interpretation limits

• Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.

* Since first published NAV. NAV returns are absolute, not annualised. Monthly returns use actual observed boundaries; cumulative returns use the stated baseline and are not a sum of rounded monthly returns.

• 2026-04 Direct Growth return +0.40%, observed from 2026-03-31 to 2026-04-30. [nav]
• Since first published NAV: +0.40% at 2026-04-30. [nav]
• Portfolio captured as of 2026-04-30; 49 position lines; capture parsed. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +42.82% of assets at 2026-04-30; not net market exposure. [portfolio]
• HDFC Bank Limited: reported closing weight +2.85% at 2026-04-30. [portfolio]
• Larsen & Toubro Limited: reported closing weight +2.26% at 2026-04-30. [portfolio]
• Bharti Airtel Limited: reported closing weight +2.14% at 2026-04-30. [portfolio]
• Kotak Mahindra Bank Limited: reported closing weight +1.93% at 2026-04-30. [portfolio]
• Eternal Limited: reported closing weight +1.68% at 2026-04-30. [portfolio]
• Portfolio comparison interval: 2026-03-31 to 2026-04-30. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• HDFC Bank Limited: Newly disclosed; not captured to +2.85% across that disclosure interval. [portfolio] [previous]
• Larsen & Toubro Limited: Newly disclosed; not captured to +2.26% across that disclosure interval. [portfolio] [previous]
• Bharti Airtel Limited: Newly disclosed; not captured to +2.14% across that disclosure interval. [portfolio] [previous]
• Kotak Mahindra Bank Limited: Newly disclosed; not captured to +1.93% across that disclosure interval. [portfolio] [previous]
• Eternal Limited: Newly disclosed; not captured to +1.68% across that disclosure interval. [portfolio] [previous]

All captured positions · 2026-04-30

Reported weights retain their source basis. Do not add derivative valuations to equity exposure.