Markets / Mutual funds / Equity Ex-Top 100 Long-Short Fund

qsif Equity Ex-Top 100 Long-Short Fund - Direct Plan - Growth

NAVs of 6 Nov 2026

qsif SIF · Specialised Investment Fund · Direct plan · Growth

SIFEquity Ex-Top 100 Long-Short FundDirect · GrowthRisk: ModerateOpen Ended

NAV · 5 Nov 2026

₹11.6112 ▲ 1.11%

qsif SIF

Fund size₹643 crJuly - September 2026

1-month range₹10.68 – 11.61

Since launch+15.98%from 24 Oct 2025

Expense ratio2.26%direct plan, a year

Minimum₹10 lakhacross a fund house's SIFs

What the fund does

To generate long-term capital appreciation by investing primarily in equity and equity-related instruments of stocks outside the top 100 by market capitalization, while utilizing limited short exposure through derivatives to enhance returns and manage risk. There is no assurance that the investment objective of the Investment strategy will be achieved.

BenchmarkNifty 500 TRI

Launched24 Oct 2025

TypeOpen Ended

Fund houseqsif SIF

Fund managersSandeep Tandonsince 12 Nov 2025Ankit Pandesince 12 Nov 2025Sameer Katesince 12 Nov 2025Sanjeev Sharmasince 12 Nov 2025Jignesh Shahsince 20 Feb 2026

NAV history

Returns

1 week

+4.20%avg 3.1%

1 month

+1.38%avg -0.2%

3 months

+0.59%avg -1.4%

6 months

+14.45%avg 14.5%

This year

+17.72%avg 17.7%

Bars: this plan; the thin mark is the Equity Ex-Top 100 Long-Short Fund average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2025											+0.0	-1.5
2026	-4.7	-0.9	-7.6	+15.4	+1.5	+4.3	+7.7	+2.3	-1.2	-3.0	+4.7

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIF minimum: ₹10 lakh in total. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Stocks held2747 lines in all

Top 10 stocks46.9%of the fund

Short positions-8.0%sold through derivatives

Net equity73.4%long stocks and derivatives minus shorts

Where the money is

Equity 67.0%Derivatives (long) 14.4%Money market 4.5%Cash & others 28.5%Short -8.0%

Sectors (stocks held)

Pharmaceuticals & Biotechnology

14.9%

Telecom - Services

9.2%

Other

4.9%

Consumer Durables

4.1%

Finance

4.0%

Healthcare Services

3.9%

Aerospace & Defense

3.9%

Auto Components

3.6%

Changes since 31 Jul 2026

Share of fund	30 Sept 2026	31 Jul 2026	Change
Stocks held	67.0%	77.8%	-10.84
Short positions	-8.0%	-19.4%	+11.42
Derivatives (long)	14.4%	0.0%	+14.41
Debt	0.0%	0.0%	0.00
Money market	4.5%	6.2%	-1.64
Cash & others	28.5%	16.0%	+12.48
Top 10 stocks	46.9%	50.3%	-3.34
Number of stocks	27	31	-4

New stocks 13

Gujarat Themis Biosyn Ltd5.24%
National Stock Exchange of India Limited4.89%
Zydus Lifesciences Limited4.34%
Piramal Finance Ltd3.97%
Glaxosmithkline Pharmaceuticals Ltd3.94%
Aequs Ltd3.89%
Container Corporation of India Ltd3.28%
Life Insurance Corporation Of India2.78%
Colgate-Palmolive (India) Ltd2.40%
Nippon Life India Asset Management Ltd2.00%
Pfizer Ltd1.35%
Vedanta Oil & Gas Limited1.14%
Prabha Energy Limited0.98%

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Stocks sold off 17

Adani Energy Solutions Limitedwas 7.28%
63 moons technologies limitedwas 6.14%
JSW Infrastructure Limitedwas 5.24%
UPL Limitedwas 3.36%
Premier Energies Limitedwas 2.91%
KPIT Technologies Limitedwas 2.76%
IDBI Bank Limitedwas 2.71%
MANGALORE REFINERY & PETROCHEMICALS LTDwas 2.28%
Tata Chemicals Ltdwas 2.04%
Poly Medicure Limitedwas 1.57%
Aegis Logistics Limitedwas 1.41%
BLUE JET HEALTHCARE LTDwas 1.20%
SUN TV Network Limitedwas 1.08%
Hexaware Technologies Limitedwas 0.99%
Usha Martin Limitedwas 0.80%
IPCA Laboratories Ltdwas 0.50%
ETHOS LIMITEDwas 0.49%

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Bought more 3

Indus Towers Limited+4.79
LG Electronics India Limited+3.13
Indegene Limited+1.04

Cut back 11

INDO-MIM Limited-4.00
Caliber Mining and Logistics Limited-3.98
Sona BLW Precision Forgings Limited-2.68
PTC India Limited-1.41
AWL Agri Business Limited-1.37
Sonata Software Limited-1.23
IRB Infrastructure Developers Limited-0.83
Afcons Infrastructure Limited-0.65
Simplex Infrastructures Limited-0.42
Digitide Solutions Limited-0.38
TVS Srichakra Limited-0.28

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Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 27

Holding	Sector / type	% of fund
Indus Towers Limited INE121J01017	Telecom - Services	9.21%
Gujarat Themis Biosyn Ltd INE942C01045	Pharmaceuticals & Biotechnology	5.24%
National Stock Exchange of India Limited INE721I01024	–	4.89%
Zydus Lifesciences Limited INE010B01027	Pharmaceuticals & Biotechnology	4.34%
LG Electronics India Limited INE324D01010	Consumer Durables	4.14%
Piramal Finance Ltd INE202B01038	Finance	3.97%
Glaxosmithkline Pharmaceuticals Ltd INE159A01016	Pharmaceuticals & Biotechnology	3.94%
Indegene Limited INE065X01017	Healthcare Services	3.89%
Aequs Ltd INE947N01017	Aerospace & Defense	3.89%
Sona BLW Precision Forgings Limited INE073K01018	Auto Components	3.40%
Container Corporation of India Ltd INE111A01025	Transport Services	3.28%
Life Insurance Corporation Of India INE0J1Y01017	Insurance	2.78%
Colgate-Palmolive (India) Ltd INE259A01022	Personal Products	2.40%
Caliber Mining and Logistics Limited INE11XY01018	Consumable Fuels	2.26%
Nippon Life India Asset Management Ltd INE298J01013	Capital Markets	2.00%
INDO-MIM Limited INE084101034	Industrial Manufacturing	1.74%
Pfizer Ltd INE182A01018	Pharmaceuticals & Biotechnology	1.35%
Vedanta Oil & Gas Limited INE704J01044	Oil	1.14%
Prabha Energy Limited INE0I0M01023	Oil	0.98%
Sonata Software Limited INE269A01021	IT - Software	0.54%
IRB Infrastructure Developers Limited INE821I01022	Construction	0.41%
Afcons Infrastructure Limited INE101I01011	Construction	0.34%
PTC India Limited INE877F01012	Power	0.30%
Simplex Infrastructures Limited INE059B01024	Construction	0.27%
TVS Srichakra Limited INE421C01016	Auto Components	0.21%
AWL Agri Business Limited INE699H01024	Agricultural Food & other Products	0.07%
Digitide Solutions Limited INE0U4701011	IT - Services	0.03%

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Short positions 2

Holding	Sector / type	% of fund
Laurus Labs Ltd. INE947Q01028	Pharmaceuticals & Biotechnology	-7.11%
NCA-NET CURRENT ASSETS	–	-0.90%

Derivatives, debt, money market and cash 18

Holding	Sector / type	% of fund
TREPS 01-Oct-2026 DEPO 10 INCBLO011026	–	29.39%
Glenmark Pharmaceuticals Ltd. INE935A01035	Pharmaceuticals & Biotechnology	3.51%
Coal India Ltd. INE522F01014	Consumable Fuels	2.74%
Multi Commodity Exchange of India Ltd. INE745G01043	Capital Markets	2.62%
LTM Ltd. INE214T01019	IT - Software	2.49%
Aurobindo Pharma Ltd. INE406A01037	Pharmaceuticals & Biotechnology	1.66%
Info Edge (India) Ltd. INE663F01032	Retailing	1.39%
91 Days Treasury Bill 24-Dec-2026 IN002026X255	–	0.71%
91 Days Treasury Bill 17-Dec-2026 IN002026X248	–	0.62%
91 Days Treasury Bill 10-Dec-2026 IN002026X230	–	0.58%
91 Days Treasury Bill 03-Dec-2026 IN002026X222	–	0.49%
91 Days Treasury Bill 19-Nov-2026 IN002026X206	–	0.45%
91 Days Treasury Bill 27-Nov-2026 IN002026X214	–	0.45%
91 Days Treasury Bill 05-Nov-2026 IN002026X180	–	0.31%
91 Days Treasury Bill 22-Oct-2026 IN002026X164	–	0.27%
91 Days Treasury Bill 29-Oct-2026 IN002026X172	–	0.27%
91 Days Treasury Bill 01-Oct-2026 IN002026X131	–	0.18%
91 Days Treasury Bill 15-Oct-2026 IN002026X156	–	0.18%

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From the fund house's monthly portfolio (qsif.com), as on 30 Sept 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.

Risk

Volatility13.5%yearly, from daily NAVs

Worst fall-14.19%17 Nov 2025 → 30 Mar 2026

RiskometerModerateRisk Band 3

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 13 Nov 2025). SIF track records are short, so these figures are provisional.

Where it can invest (limits from the scheme document)

equity and equity related instruments of companies excluding the top 100 companies by market capitalization

65–100%

equity and equity related instruments of companies - top 100 companies by market capitalization

0–35%

Debt & Money Market Instruments

0–35%

InVITS

0–20%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)	₹643 cr across all plans · this plan ₹320 cr
Fund house	qsif SIF · website
Category	SIF · Equity Ex-Top 100 Long-Short Fund
Plan	Direct
Option	Growth
Expense ratio (TER)	Direct 2.26% · Regular 3.59% (5 Nov 2026)
Exit load	3% if redeemed/switched out on or before completion of 30 days from the date of allotment of units No Exit Load is payable if Units are redeemed / switched-out after 30 days from the date of allotment
Minimum investment	Rs. 1000000/- · additional Rs. 1000/-
Scheme code (AMFI)	SIF-23
ISIN	INF966L30159
NAV date	5 Nov 2026

Scheme details from the fund's scheme document filed with AMFI.

Other plans of this fund

Plan	NAV	Since launch
Direct · IDCW	₹11.6112	+15.99%
Regular · Growth	₹11.4535	+14.42%
Regular · IDCW	₹11.4535	+14.42%

← All SIFs

Information only, not investment advice.

What is the NAV of qsif Equity Ex-Top 100 Long-Short Fund - Direct Plan - Growth today?

₹11.6112 as of 5 Nov 2026, from AMFI's official NAV data.

What are the returns of qsif Equity Ex-Top 100 Long-Short Fund - Direct Plan - Growth?

Returns appear once enough NAV history is available.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.

What is the minimum investment in a SIF?

₹10 lakh across an investor's SIF investments with the fund house (accredited investors are exempt).