Infinity Hybrid Long-Short Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 18, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Infinity Hybrid Long-Short Fund Direct Growth Plan has a NAV of ₹10.351 as of 17 Sep 2026 and a scheme AUM of ₹859 Cr. Its 1-year, 3-year and 5-year returns are 0%, 0% and 0% respectively, and the fund carries a Low Risk label. Our view is that this is better read as a conservative, cash-heavy hybrid-style structure than as a high-momentum return story, especially because the portfolio leans heavily on repo, treasury bills and corporate debt rather than equity-led exposure.
The fund is still very new, having launched on 06 Jul 2026, so there is no meaningful long-term track record to assess yet. The current mix suggests lower day-to-day volatility than a pure equity fund, but investors should judge it mainly on capital preservation behaviour and portfolio construction rather than on historical return depth.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹10.351 as of 17 Sep 2026 |
| AUM | ₹859 Cr |
| Expense Ratio | 0.0% |
| Launch Date | 06 Jul 2026 |
| Min SIP | ₹10,000 |
| Risk Category | Low Risk |
| Benchmark | Nifty 50 |
| Fund Category | Debt |
| Exit Load | No exit load |
| Fund Managers | Kalpesh Jain, Hiten Shah, Abhishek Bisen |
The fund is managed by Kalpesh Jain, Hiten Shah and Abhishek Bisen.
Source data date: as of 17 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | 0.76% | -3.66% |
| 3M | Data not available | Data not available |
| 1Y | Data not available | Data not available |
| 3Y | Data not available | Data not available |
| 5Y | Data not available | Data not available |
The one-month picture is constructive. The fund has held a positive path over the recent window, while the benchmark has been weaker over the same period. That does not establish a long record, but it does show that the fund has so far been steadier than the index during a short, noisy stretch.
Because the scheme launched only in July 2026, it does not yet have a meaningful 1-year, 3-year or 5-year history. The 0% figures therefore reflect the lack of seasonality and cycle data, not a mature performance profile. For investors, that means short-term observations should be treated cautiously.
Even so, the recent behaviour is consistent with the portfolio structure. A large allocation sits in cash-like and short-duration instruments, which can dampen swings. Our read is that the benchmark comparison is more useful for showing resilience in the first weeks than for drawing conclusions about long-term compounding.
In that sense, the fund currently looks like a stability-first vehicle rather than a return-chasing one. The practical question is less about whether it can beat a rising equity index every month and more about whether it can preserve a smoother path when markets are uneven.
Source data date: as of 17 Sep 2026
Should you BUY or HOLD Infinity Hybrid Long-Short?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding Infinity Hybrid Long-Short? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Infinity Hybrid Long-Short Fund Direct Growth Plan | Data not available | Data not available | Data not available |
| RedHex Hybrid Long-Short Fund Direct Growth Plan | Data not available | Data not available | Data not available |
| Infinity Hybrid Long-Short Fund Direct Growth Plan | Data not available | Data not available | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the available peer data, the current fund cannot yet be judged on 1-year, 3-year or 5-year return strength because the listed schemes do not show usable long-horizon figures. The short-term comparison therefore points more to near-term steadiness than to a mature performance edge. That leaves the peer picture open, with no clear long-run separation visible from the figures currently available.
Source data date: as of 17 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Triparty Repo | Cash & Cash Equivalents and Net Assets | 33.3% |
| Muthoot Finance Ltd.** | Corporate Debt | 8.73% |
| Adani Energy Solutions Ltd. | Power | 7.61% |
| Small Industries Development Bank of India** | Corporate Debt | 5.83% |
| 182 Days Treasury Bill 03/09/2026 | Treasury Bills | 4.63% |
| Kotak Liquid Direct Growth | Domestic Mutual Funds Units | 4.1% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 3.17% |
| Adani Enterprises Ltd | Trading | 3.01% |
| Tata Capital Ltd.** | Corporate Debt | 2.93% |
| Mahindra & Mahindra Financial Services Ltd. | Corporate Debt | 2.91% |
The top 10 holdings account for approximately 76.22% of the portfolio.
To see all holdings, visit the Infinity Hybrid Long-Short Fund Direct Growth Plan page
The single largest position is Triparty Repo at 33.3%, which is unusually large versus the rest of the list and tells us that liquidity and short-term parking are central to the current construction. After that, weights step down into single digits, with the tenth holding at 2.91%. That gap suggests the portfolio is not evenly spread across the displayed names.
The mix of cash equivalents, treasury bills and corporate debt points to a defensive posture. Adani Energy Solutions Ltd. and Torrent Pharmaceuticals Ltd. introduce some non-debt exposure, but they remain smaller than the core liquidity and fixed-income allocations. In practical terms, these positions may have less influence on day-to-day movement than the larger cash and debt blocks.
Because the top 10 holdings already cover 76.22% of the portfolio and the scheme discloses 40 holdings in total, the visible part of the portfolio carries substantial weight. The remaining holdings form a longer tail, so the overall profile could still change meaningfully as the smaller positions add up, but the current shape is clearly anchored by a few large allocations.
Source data date: as of 17 Sep 2026
Who should invest
This fund may suit investors who are comfortable with low-risk positioning and who want a portfolio that is built more around stability than around aggressive growth. The limited track record means the fund is best assessed through its current structure and the way it has behaved in its first month rather than through long-cycle returns.
Its benchmark comparison so far looks steady, but there is not enough history to judge how it performs across different market phases. That makes a medium- to long-term horizon more appropriate than a short trading mindset, especially if the aim is to reduce volatility in the fixed-income part of a broader allocation.
The main trade-off is that a defensive portfolio can help smooth returns, but it may not capture strong upside the way an equity-heavy fund can. Investors who want lower day-to-day movement and can accept a newer, less proven track record may find the structure easier to understand than a more market-sensitive strategy.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
No exit load.
Source data date: as of 17 Sep 2026
Frequently asked questions
What is the current NAV of Infinity Hybrid Long-Short Fund Direct Growth Plan?
The NAV is ₹10.351 as of 17 Sep 2026.
What are the fund’s recent returns?
Its 1-year, 3-year and 5-year returns are shown as Data not available because the scheme is too new for those time horizons. The one-month return is 0.76%.
How has the fund done against the benchmark?
Over 1 month, the fund return is 0.76% while the benchmark return is -3.66%. That suggests a steadier short-term path than the index.
How does it compare with the peer funds listed here?
The available peer rows do not show usable 1-year, 3-year or 5-year figures, so a longer-return comparison is not meaningful yet. The short-term view remains the most useful one for now.
What is the minimum SIP amount?
The minimum SIP amount is ₹10,000.
Who manages the fund and what is the exit load?
The fund is managed by Kalpesh Jain, Hiten Shah and Abhishek Bisen. There is no exit load.
Bottom line
Infinity Hybrid Long-Short Fund Direct Growth Plan currently looks like a low-volatility, liquidity-heavy portfolio rather than a long-history return compounder. The recent one-month behaviour has been steadier than the benchmark, but the scheme is too new for 1-year, 3-year or 5-year evaluation. Peer data also does not yet give a fuller long-run comparison. The largest holding is Triparty Repo, which reinforces the defensive profile and may appeal to investors who value stability and can accept a newer track record.
Published on 18 September 2026 at 9:38 AM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.