Latest NAV
₹9.9291
Regular · Growth
1M Return
+5.51%
3M Return
-0.35%
Since Inception
-0.74%
TER
2.00%
Regular plan
AUM
₹466 Cr
Feb 28, 2026
Live NAV data · Source: AMFI NAV API
Trailing returns & benchmarks
1M
+5.51%
3M
-0.35%
Since Inception
-0.74%
Benchmark (1M)
-6.35%
Category Avg (1M)
-2.76%
Alpha vs BM
+0.19%
NAV (Direct)
₹10.1052
Returns as of Apr 30, 2026 (NAV data) / Feb 28, 2026 (factsheet). Fund is <1 year old — SEBI does not permit annualised returns until completion of one year.
🛡️ ALPHA SHIELD ANALYSIS
March 2026 Market Crash
When NIFTY 50 Hybrid Composite Debt 50:50 fell -6.35% in March 2026, here's how Titanium performed:
Hybrid 50:50
-6.35%
Titanium
-6.16%
Alpha vs Benchmark
+0.19%
Capital Protected
3.0%
How Titanium compares in Hybrid Long Short:
Rank: #5 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
An interval investment strategy investing in equity and debt securities, including limited short exposure in equity and debt through derivatives. The strategy seeks medium-to-long-term capital appreciation by combining a core long-equity book (65–75%) with a short-duration fixed-income sleeve and a derivative overlay for hedging and enhancement. Benchmarked to CRISIL Hybrid 50+50 Moderate Index (TRI).
Strategy & allocation
Titanium is Tata AMC's maiden SIF — an equity-tilted hybrid positioned between traditional aggressive hybrid funds and pure long-short strategies. Unlike arbitrage-heavy peers (Altiva, Magnum), Titanium runs 65–75% directional equity with derivatives used primarily for hedging (covered calls, protective puts, cash-future arbitrage) and selectively for unhedged short positions (up to 25% of net assets).
Taxation: Equity-oriented treatment likely given ≥65% equity — 12.5% LTCG after 12M on equity, with short-term gains at 20%. Debt sleeve gains taxed at slab (STCG) or 12.5% (LTCG after 24M) as applicable.
Strategy pillars
Core — Equity (65–75%)
Large-cap tilted long book (~33% large, ~9% mid, ~7% small) across banks, telecom, petroleum, industrials and autos.
Core — Fixed Income (25–35%)
Short-duration debt — NCDs/bonds, G-secs, T-bills and money-market. Modified duration 0.66 yrs, YTM 6.04%.
Derivative Overlay — Hedged
Index/stock futures and options used for cash-future arbitrage, covered calls, protective puts. Up to 75% hedged exposure.
Enhancer — Unhedged Shorts
Short derivatives up to 25% of net assets for tactical directional views and portfolio hedging.
Risk — Structural Guardrails
SEBI-mandated 100% cumulative gross exposure cap; ≥₹10L minimum ticket; interval structure on redemption; no leverage beyond regulatory caps.
Investor suitability
Suitable for
- ✓ Investors seeking medium-to-long-term capital appreciation
- ✓ Comfortable with an equity-tilted hybrid (65–75% equity)
- ✓ Able to park ≥₹10L surplus for 3+ year horizon
- ✓ Post-tax return seekers (LTCG 12.5% after 24M on non-equity; 12.5% after 12M on equity)
Not suitable for
- ✗ Capital-protection seekers (equity-heavy — 1M drawdown was -6.16%)
- ✗ Investors needing daily liquidity
- ✗ Short-term traders chasing arbitrage-style low-vol
- ✗ Below ₹10L investable surplus
Fund management team
Suraj Nanda
Equity Fund Manager
Amit Somani
Fund Manager — Fixed Income
Hasmukh Devji Vishariya
Fund Manager — Overseas