Follow the fund from its first available month. See how returns developed, what the disclosed portfolio changed, and what the evidence can—and cannot—explain.
Dated evidence · Only approved AI summaries are published in production. Evidence imported 2026-10-20. No research is generated when you open this page.
Cumulative return*+1.42%Since first published NAV
First NAV available2026-05-18Latest: 2026-10-19
Calendar months6Including gaps and current partial month
Stored disclosures2First: 2026-07-31
Direct Growth · Click a month for its analysis · Select “From the beginning” to read the full journey.
Month to dateOctober 2026
2026-09-30 → 2026-10-19 · Direct Growth
No new monthly portfolio captured · Last stored: 2026-09-30 · Usual disclosure cadence: every two months
2026-10 Direct Growth return -1.49%, observed from 2026-09-30 to 2026-10-19 (month to date).
AI summary is pending. The dated evidence below remains available.
Read the evidence, holdings and limitations
- 2026-10 Direct Growth return -1.49%, observed from 2026-09-30 to 2026-10-19 (month to date). [nav]
- Since first published NAV: +1.42% 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.
Completed monthSeptember 2026
2026-08-31 → 2026-09-30 · Direct Growth
Portfolio: 2026-09-30 · Compared with 2026-07-31 · Usual disclosure cadence: every two months
2026-09 Direct Growth return +0.01%, observed from 2026-08-31 to 2026-09-30.
AI summary is pending. The dated evidence below remains available.
qSIF Sector Rotation Long-Short: September review - the portfolio rotates toward pharmaceuticals ↗Cash equity is 70.28% of NAV, down 10.56 percentage points from 31 July 2026. The ten largest company holdings account for 62.46% of NAV.
Research published 2026-10-11 · Portfolio/data as of 2026-09-30 · Retrospective research
Read the evidence, holdings and limitations
- 2026-09 Direct Growth return +0.01%, observed from 2026-08-31 to 2026-09-30. [nav]
- Since first published NAV: +2.95% at 2026-09-30. [nav]
- Portfolio captured as of 2026-09-30; 29 position lines; capture parsed. Original AMC publication date is not provided by this history source. [portfolio]
- Disclosed long cash equity: +70.28% of assets at 2026-09-30; not net market exposure. [portfolio]
- Indus Towers Limited: reported closing weight +9.33% at 2026-09-30. [portfolio]
- Zydus Lifesciences Limited: reported closing weight +8.76% at 2026-09-30. [portfolio]
- Divi's Laboratories Limited: reported closing weight +7.18% at 2026-09-30. [portfolio]
- Bharti Airtel Limited: reported closing weight +6.78% at 2026-09-30. [portfolio]
- Gujarat Themis Biosyn Ltd: reported closing weight +5.81% 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: 2026-07-31 to 2026-09-30. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
- GMR Airports Limited: No longer disclosed; +9.54% to not captured across that disclosure interval. [portfolio] [previous]
- Adani Ports & Special Economic Zone Ltd: No longer disclosed; +9.46% to not captured across that disclosure interval. [portfolio] [previous]
- Vodafone Idea Ltd.: No longer disclosed; +9.18% to not captured across that disclosure interval. [portfolio] [previous]
- United Spirits Limited: No longer disclosed; +9.11% to not captured across that disclosure interval. [portfolio] [previous]
- Nestle India Limited: No longer disclosed; +8.80% to not captured 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.
| Holding / ISIN | Sleeve | Direction | Reported weight |
|---|
TREPS 01-Oct-2026 DEPO 10
INCBLO011026 | money_market | long | +19.75% |
Indus Towers Limited
INE121J01017 | equity | long | +9.33% |
Zydus Lifesciences Limited
INE010B01027 | equity | long | +8.76% |
Divi's Laboratories Limited
INE361B01024 | equity | long | +7.18% |
Bharti Airtel Limited
INE397D01024 | equity | long | +6.78% |
Gujarat Themis Biosyn Ltd
INE942C01045 | equity | long | +5.81% |
Sun Pharmaceutical Industries Limited
INE044A01036 | equity | long | +5.68% |
Coal India Ltd.
INE522F01014 | derivative | long | +5.65% |
Glenmark Pharmaceuticals Ltd
INE935A01035 | equity | long | +5.61% |
Lupin Limited
INE326A01037 | equity | long | +5.28% |
Biocon Ltd
INE376G01013 | equity | long | +4.89% |
Aurobindo Pharma Ltd.
INE406A01037 | derivative | long | +4.31% |
NCA-NET CURRENT ASSETS
| cash_and_equivalents | neutral | +3.59% |
Mphasis Ltd
INE356A01018 | equity | long | +3.13% |
Aurobindo Pharma Limited
INE406A01037 | equity | long | +2.95% |
Indegene Limited
INE065X01017 | equity | long | +1.84% |
Coal India Ltd
INE522F01014 | equity | long | +1.84% |
91 Days Treasury Bill 24-Dec-2026
IN002026X255 | money_market | long | +1.59% |
HCL Technologies Limited
INE860A01027 | equity | long | +1.19% |
91 Days Treasury Bill 29-Oct-2026
IN002026X172 | money_market | long | +0.80% |
91 Days Treasury Bill 19-Nov-2026
IN002026X206 | money_market | long | +0.80% |
91 Days Treasury Bill 27-Nov-2026
IN002026X214 | money_market | long | +0.80% |
91 Days Treasury Bill 03-Dec-2026
IN002026X222 | money_market | long | +0.80% |
91 Days Treasury Bill 10-Dec-2026
IN002026X230 | money_market | long | +0.80% |
91 Days Treasury Bill 17-Dec-2026
IN002026X248 | money_market | long | +0.80% |
Biocon Ltd.
INE376G01013 | derivative | short | -4.82% |
Lupin Ltd.
INE326A01037 | derivative | short | -5.18% |
Sun Pharmaceutical Industries Ltd.
INE044A01036 | derivative | short | -5.68% |
Bharti Airtel Ltd.
INE397D01024 | derivative | short | -6.76% |
Changes between 2026-07-31 and 2026-09-30
| Security | Earlier weight | Later weight | Observation |
|---|
| GMR Airports Limited | +9.54% | Unavailable | No longer disclosed |
| Adani Ports & Special Economic Zone Ltd | +9.46% | Unavailable | No longer disclosed |
| Vodafone Idea Ltd. | +9.18% | Unavailable | No longer disclosed |
| United Spirits Limited | +9.11% | Unavailable | No longer disclosed |
| Nestle India Limited | +8.80% | Unavailable | No longer disclosed |
| Zydus Lifesciences Limited | Unavailable | +8.76% | Newly disclosed |
| JSW Infrastructure Limited | +8.46% | Unavailable | No longer disclosed |
| Interglobe Aviation Limited | +7.82% | Unavailable | No longer disclosed |
| Divi's Laboratories Limited | Unavailable | +7.18% | Newly disclosed |
| Gujarat Themis Biosyn Ltd | Unavailable | +5.81% | Newly disclosed |
| Sun Pharmaceutical Industries Limited | Unavailable | +5.68% | Newly disclosed |
| Glenmark Pharmaceuticals Ltd | Unavailable | +5.61% | Newly disclosed |
| Lupin Limited | Unavailable | +5.28% | Newly disclosed |
| Biocon Ltd | Unavailable | +4.89% | Newly disclosed |
| Mphasis Ltd | Unavailable | +3.13% | Newly disclosed |
| Aurobindo Pharma Limited | Unavailable | +2.95% | Newly disclosed |
| Bharti Airtel Limited | +9.18% | +6.78% | Weight changed |
| Indegene Limited | Unavailable | +1.84% | Newly disclosed |
| Coal India Ltd | Unavailable | +1.84% | Newly disclosed |
| HCL Technologies Limited | Unavailable | +1.19% | Newly disclosed |
| Indus Towers Limited | +9.29% | +9.33% | Weight changed |
Interpretation limits
- Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.
- 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.
Completed monthAugust 2026
2026-07-31 → 2026-08-31 · Direct Growth
No new monthly portfolio captured · Last stored: 2026-07-31 · Usual disclosure cadence: every two months
2026-08 Direct Growth return +1.73%, observed from 2026-07-31 to 2026-08-31.
AI summary is pending. The dated evidence below remains available.
Read the evidence, holdings and limitations
- 2026-08 Direct Growth return +1.73%, observed from 2026-07-31 to 2026-08-31. [nav]
- Since first published NAV: +2.94% at 2026-08-31. [nav]
- No monthly portfolio captured for 2026-08. Last stored monthly disclosure is 2026-07-31; 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.
Completed monthJuly 2026
2026-06-30 → 2026-07-31 · Direct Growth
Portfolio: 2026-07-31 · Usual disclosure cadence: every two months
2026-07 Direct Growth return -0.87%, observed from 2026-06-30 to 2026-07-31.
AI summary is pending. The dated evidence below remains available.
qSIF Sector Rotation Long-Short: construction and changes at 31 Jul 2026 ↗Listed equity: 80.83% of NAV, the largest disclosed asset allocation.
Research published 2026-10-08 · Portfolio/data as of 2026-07-31 · Retrospective research
Read the evidence, holdings and limitations
- 2026-07 Direct Growth return -0.87%, observed from 2026-06-30 to 2026-07-31. [nav]
- Since first published NAV: +1.19% at 2026-07-31. [nav]
- Portfolio captured as of 2026-07-31; 24 position lines; capture parsed. Original AMC publication date is not provided by this history source. [portfolio]
- Disclosed long cash equity: +80.83% of assets at 2026-07-31; not net market exposure. [portfolio]
- GMR Airports Limited: reported closing weight +9.54% at 2026-07-31. [portfolio]
- Adani Ports & Special Economic Zone Ltd: reported closing weight +9.46% at 2026-07-31. [portfolio]
- Indus Towers Limited: reported closing weight +9.29% at 2026-07-31. [portfolio]
- Bharti Airtel Limited: reported closing weight +9.18% at 2026-07-31. [portfolio]
- Vodafone Idea Ltd.: reported closing weight +9.18% at 2026-07-31. [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]
All captured positions · 2026-07-31
Reported weights retain their source basis. Do not add derivative valuations to equity exposure.
| Holding / ISIN | Sleeve | Direction | Reported weight |
|---|
GMR Airports Limited
INE776C01039 | equity | long | +9.54% |
Adani Ports & Special Economic Zone Ltd
INE742F01042 | equity | long | +9.46% |
Indus Towers Limited
INE121J01017 | equity | long | +9.29% |
Bharti Airtel Limited
INE397D01024 | equity | long | +9.18% |
Vodafone Idea Ltd.
INE669E01016 | equity | long | +9.18% |
United Spirits Limited
INE854D01024 | equity | long | +9.11% |
Nestle India Limited
INE239A01024 | equity | long | +8.80% |
JSW Infrastructure Limited
INE880J01026 | equity | long | +8.46% |
Interglobe Aviation Limited
INE646L01027 | equity | long | +7.82% |
TREPS 03-Aug-2026 DEPO 10
INCBLO030826 | money_market | long | +7.36% |
91 Days Treasury Bill 13-Aug-2026
IN002026X065 | money_market | long | +2.06% |
91 Days Treasury Bill 28-Aug-2026
IN002026X081 | money_market | long | +1.03% |
91 Days Treasury Bill 03-Sep-2026
IN002026X099 | money_market | long | +1.02% |
91 Days Treasury Bill 10-Sep-2026
IN002026X107 | money_market | long | +1.02% |
91 Days Treasury Bill 17-Sep-2026
IN002026X115 | money_market | long | +1.02% |
91 Days Treasury Bill 24-Sep-2026
IN002026X123 | money_market | long | +1.02% |
91 Days Treasury Bill 29-Oct-2026
IN002026X172 | money_market | long | +1.02% |
Interglobe Aviation Limited 25/08/2026
INDIGO250826 | derivative | short | -7.85% |
Nestle India Limited 25/08/2026
| derivative | short | -8.71% |
Vodafone Idea Ltd. 25/08/2026
| derivative | short | -9.04% |
Bharti Airtel Limited 25/08/2026
| derivative | short | -9.08% |
United Spirits Limited 25/08/2026
| derivative | short | -9.13% |
Adani Ports & Special Economic Zone Ltd 25/08/2026
| derivative | short | -9.50% |
GMR Airports Limited 25/08/2026
| derivative | short | -9.57% |
Interpretation limits
- Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.
- 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.
Completed monthJune 2026
2026-05-29 → 2026-06-30 · Direct Growth
No new monthly portfolio captured · Usual disclosure cadence: every two months
2026-06 Direct Growth return +1.42%, observed from 2026-05-29 to 2026-06-30.
AI summary is pending. The dated evidence below remains available.
Read the evidence, holdings and limitations
- 2026-06 Direct Growth return +1.42%, observed from 2026-05-29 to 2026-06-30. [nav]
- Since first published NAV: +2.08% at 2026-06-30. [nav]
- No monthly portfolio is stored at or before 2026-06.
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.
Partial launch monthMay 2026
2026-05-18 → 2026-05-29 · Direct Growth
No new monthly portfolio captured · Usual disclosure cadence: every two months
2026-05 Direct Growth return +0.65%, observed from 2026-05-18 to 2026-05-29 (partial first month).
AI summary is pending. The dated evidence below remains available.
Read the evidence, holdings and limitations
- 2026-05 Direct Growth return +0.65%, observed from 2026-05-18 to 2026-05-29 (partial first month). [nav]
- Since first published NAV: +0.65% at 2026-05-29. [nav]
- No monthly portfolio is stored at or before 2026-05.
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.
Complete stored disclosure inventory (2)
Monthly cards use monthly portfolios. Fortnightly and weekly captures remain listed separately. Publication timing is not supplied by this source.
- 2026-09-30 · monthly portfolio · 29 rows · Parsed AMC source
- 2026-07-31 · monthly portfolio · 24 rows · Parsed AMC source