Altiva Equity Long-Short Fund-Regular Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Solid MFIQ Score of 6.0/10 reflects sound fundamentals and risk management.
- Expense ratio (4.37%) is higher than category median (2.52%), which creates fee drag over time.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +9.13% | +6.32% | +2.81% |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +9.08% | +4.03% | +5.05% |
Risk Profile & Deepest Drawdowns
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related instruments(including up to 25% in Unhedged short exposure through derivative instruments) # - 80% to 100% | Per Scheme Mandate |
| Debt & Money Market instruments and Units of Debt Oriented Mutual Funds - 0% to 20% | Per Scheme Mandate |
| Units issued by InvITs - 0% to 20% | Per Scheme Mandate |
| for details, please refer investment strategy information document. | Per Scheme Mandate |
Investment Objective & Strategy
To generate long-term capital appreciation by predominantly investing in listed equity and equity-related instruments. The Investment Strategy may also invest in various derivative instruments, including limited short exposure through unhedged derivative positions in equity up to 25%. There is no assurance that the investment objective of the Investment strategy will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 8.20 cr (AMFI Quarterly AAUM (All Plans) as of 2026-09-30). Positioned as too small relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| SBI HEALTHCARE OPPORTUNITIES FUND | 7.2 | +23.97% | 1.98% | 43.4% | Rs 6,504 cr | Compare → |
| UTI Healthcare Fund | 7.0 | +22.74% | 2.20% | 57.0% | Rs 1,536 cr | Compare → |
| Mirae Asset Healthcare Fund | 7.9 | +22.67% | - | 45.7% | Rs 3,828 cr | Compare → |
| Nippon India Taiwan Equity fund | 7.2 | +45.47% | 2.39% | -77.2% | Rs 806 cr | Compare → |
| DSP Healthcare Fund | 8.0 | +20.31% | 2.04% | 53.2% | Rs 3,946 cr | Compare → |
Frequently Asked Questions about Altiva Equity Long Short Fund
What is the expense ratio of Altiva Equity Long Short Fund?
Altiva Equity Long Short Fund has a total expense ratio (TER) of 4.37% with a base expense ratio of 2.07%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages Altiva Equity Long Short Fund?
Altiva Equity Long Short Fund is managed by Bharat Lahoti (tenure: 0.1 years since 2026-09-30).
What are the historical returns of Altiva Equity Long Short Fund?
Altiva Equity Long Short Fund has a 1-year return of -.
How large is Altiva Equity Long Short Fund?
Altiva Equity Long Short Fund manages assets of Rs 8.20 cr, placing it in the 'too small' size band relative to Sectoral / Thematic peers.
How is Altiva Equity Long Short Fund scored on MFIQ?
Altiva Equity Long Short Fund holds an MFIQ Score of 6.0/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Altiva Equity Long Short Fund?
Altiva Equity Long Short Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is - with a maximum historical drawdown of -3.00%.