Latest NAV
₹9.9185
Live
1M Return
+7.45%
3M Return
—
Since Inception
-0.99%
TER
2.20%
Regular plan
Min Ticket
₹10L
₹10k accredited
Live NAV data · Source: AMFI NAV API
Trailing returns
1M
+7.45%
3M
—
Since Inception
-0.99%
Benchmark
CRISIL H 50+50
🛡️ ALPHA SHIELD ANALYSIS
March 2026 Market Crash
When NIFTY 50 Hybrid Composite Debt 50:50 fell -6.35% in March 2026, here's how iSIF Hybrid performed:
Hybrid 50:50
-6.35%
iSIF Hybrid
-6.29%
Alpha vs Benchmark
+0.06%
Capital Protected
0.9%
How iSIF Hybrid compares in Hybrid Long Short:
Rank: #6 of 8 Hybrid Long Short funds(vs Hybrid 50:50)
What This Means:
Weak protection in the March 2026 crash. The fund fell nearly as much as its benchmark (Hybrid 50:50), indicating limited hedging benefit.
Investment objective
Generate long-term capital appreciation and income through a dynamically managed portfolio of equity (65–75%) and debt (25–35%) securities, together with limited unhedged short exposure (≤25%) in both Equity and Debt through derivatives. Benchmark: CRISIL Hybrid 50+50 Moderate Index.
Strategy & allocation
iSIF Hybrid is ICICI Prudential's hybrid long-short SIF — combining an equity core (65–75%) for growth with a debt sleeve (25–35%) for stability, and adding up to 25% unhedged short exposure in both equity and debt via derivatives. A sophisticated overlay layers in covered calls, index hedges, short straddles/ strangles and interest-rate derivatives for risk management and alpha extraction.
Distinct from ICICI Pru's Ex-Top 100 SIF (equity-only, SMID focus), the Hybrid mandate targets balanced risk-adjusted returns suitable as a core portfolio allocation — not an aggressive satellite.
Strategy pillars
Equity Sleeve (65–75%)
Growth engine via quality equity selection across market caps; drives capital appreciation.
Debt Sleeve (25–35%)
Stability anchor — high-grade debt, money market & G-Sec for accrual and volatility dampening.
Dual Unhedged Shorts (≤25%)
Derivative shorts in BOTH equity and debt — rare combination for tactical downside + alpha.
Derivative Overlays
Covered calls, index hedges, protective puts, bear spreads, short straddles/strangles, IRF.
Overseas + InvITs
Up to 35% overseas securities and 10% InvITs for diversification and yield enhancement.
Investor suitability
Suitable for
- ✓ Core-portfolio investors with ≥₹10L surplus
- ✓ Seekers of balanced equity + debt with tactical shorts
- ✓ 3–5 year horizon with moderate-high risk tolerance
- ✓ Investors preferring ICICI Pru brand & large AMC scale
Not suitable for
- ✗ Guaranteed-return seekers
- ✗ Investors uncomfortable with derivative leverage
- ✗ Below ₹10L investable surplus
- ✗ Short-term traders / sharp-bull chasers
Fund management team
Rajat Chandak
Equity & Derivatives
Ayush Shah
Derivatives Specialist
Manish Banthia
CIO — Fixed Income
Akhil Kakkar
Fund Manager — Debt