Qsif Sector Rotation Long-Short Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 21, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Qsif Sector Rotation Long-Short Fund Direct Growth Plan has a NAV of ₹10.4364 as of 18 Sep 2026 and a scheme AUM of ₹48 Cr. Its 1-year, 3-year and 5-year returns are 0%, 0% and 0%, and the fund sits in the Balanced Risk category. Our view is that this is still a very early-stage fund with a short live track record, so the current numbers matter more as a snapshot than as a long history of behavior.
The fund has an equity label, a Nifty 50 benchmark, and a portfolio that leans heavily into a small group of large positions. That mix can make it more sensitive to stock-specific moves than a broad diversified fund, even though the stated risk profile is Balanced Risk.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹10.4364 as of 18 Sep 2026 |
| AUM | ₹48 Cr |
| Expense Ratio | 0.0% |
| Launch Date | 15 May 2026 |
| Min SIP | ₹1,000 |
| Risk Category | Balanced Risk |
| Benchmark | Nifty 50 |
| Fund Category | Equity |
| Exit Load | 1% on or before 15D, Nil after 15D |
| Fund Managers | Sandeep Tandon, Jignesh Shah, Ankit Pande, Sameer Kate |
The fund is managed by Sandeep Tandon, Jignesh Shah, Ankit Pande and Sameer Kate.
Source data date: as of 18 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | 2.6% | -3.73% |
| 3M | 3.15% | -3.14% |
| 1Y | Data not available | Data not available |
| 3Y | Data not available | Data not available |
| 5Y | Data not available | Data not available |
The recent picture is better than the benchmark at both short horizons. The fund gained 2.6% over 1 month and 3.15% over 3 months, while the benchmark was negative in both periods. That tells us the strategy has held up well during a soft phase for the index.
The time pattern also looks steadier than a one-way spike. The fund moved up in small steps, paused at times, and then extended its gains again, which suggests measured compounding rather than a sharp jump. That kind of path can be more useful for investors who want a process-driven return profile instead of frequent swings.
What we cannot yet say is how the fund behaves across full market cycles. The scheme is very new, so there is no meaningful 1-year, 3-year or 5-year trailing return to compare today. For now, the key takeaway is that recent behaviour has been ahead of the benchmark, but there is not enough history to judge durability.
Source data date: as of 18 Sep 2026
Should you BUY or HOLD Qsif Sector Rotation 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 Qsif Sector Rotation Long-Short? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Qsif Sector Rotation Long-Short Fund Direct Growth Plan | Data not available | Data not available | Data not available |
| Magnum Equity Ex-Top 100 Long-Short Fund Direct Growth Plan | Data not available | Data not available | Data not available |
| Arudha Equity Long-Short Fund Direct Growth Plan | Data not available | Data not available | Data not available |
| iSIF Active Asset Allocator Long-Short Fund Direct Growth Plan | Data not available | Data not available | Data not available |
| Arthaya Equity Long Short Fund Direct Growth Plan | Data not available | Data not available | Data not available |
| iSIF 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 current numbers, the fund’s near-term performance is better than the available peer figures because its short-horizon returns are positive while the benchmark is negative. The longer-horizon comparison is less informative, because the scheme itself has no meaningful 1-year, 3-year or 5-year trailing record yet, and the peer set also shows unavailable long-horizon returns. So the short-term story is clearer than the long-term one.
Source data date: as of 18 Sep 2026
Want to know more? Log in to Univest for more mutual fund insights.
Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| GMR Airports Limited | Infrastructure | 9.54% |
| Adani Ports & Special Economic Zone Ltd | Logistics | 9.46% |
| Indus Towers Limited | Telecom | 9.29% |
| Bharti Airtel Limited | Telecom | 9.18% |
| Vodafone Idea Ltd. | Telecom | 9.18% |
| United Spirits Limited | Alcohol | 9.11% |
| Nestle India Limited | FMCG | 8.8% |
| JSW Infrastructure Limited | Logistics | 8.46% |
| Interglobe Aviation Limited | Aviation | 7.82% |
| TREPS 03-Aug-2026 Depo 10 | Cash & Cash Equivalents and Net Assets | 7.36% |
The top holding, GMR Airports Limited, is 9.54%, so no single position dominates the portfolio on its own. The drop from the first holding to the tenth is modest, with the tenth holding still at 7.36%, which suggests the visible book is clustered rather than extremely stretched.
The top 10 holdings account for approximately 88.2% of the portfolio. That is a high share for a 10-line snapshot and it points to a portfolio that may be influenced more by a compact set of names than by a very long tail. With 18 holdings disclosed in total, the remaining positions still matter, but the listed names already carry most of the visible weight.
That structure can work well when the selected positions move in the intended direction, but it could also mean the fund’s outcome is more sensitive to a few sectors and companies. We would read it as a concentrated implementation of a rotation theme rather than a broad market basket.
To see all holdings, visit the Qsif Sector Rotation Long-Short Fund Direct Growth Plan page
Source data date: as of 18 Sep 2026
Who should invest
This fund suits investors who can accept a Balanced Risk profile and who are comfortable with a strategy that is still young. The recent short-term return pattern is positive versus the benchmark, but the scheme does not yet have a long live record to show how it behaves across different market phases.
It may suit a medium- to long-term horizon rather than a short holding period, because the current evidence is based on a few months of performance and a concentrated portfolio footprint. The main trade-off is between the appeal of a flexible sector-rotation style and the uncertainty that comes with a limited track record.
The fund can also appeal to investors who want something different from a plain market-cap-heavy equity exposure. The cost of that difference is that results may depend more on how the selected sectors and individual holdings behave over time.
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 |
The exit load is 1% on or before 15 days, and nil after 15 days.
Source data date: as of 18 Sep 2026
Frequently asked questions
What is the current NAV of Qsif Sector Rotation Long-Short Fund Direct Growth Plan?
The current NAV is ₹10.4364 as of 18 Sep 2026.
What are the fund’s returns?
Its 1-year, 3-year and 5-year returns are not available yet. The short-horizon performance is 2.6% for 1 month and 3.15% for 3 months.
How has the fund performed against the benchmark?
It has been ahead of the benchmark in the recent periods we can compare. The fund returned 2.6% over 1 month and 3.15% over 3 months, while the benchmark was negative over both periods.
How does it compare with peer funds on available return data?
The short-term comparison is favorable because the fund has positive recent returns while the peer rows also do not show stronger available trailing figures. The longer-horizon comparison is limited because the fund and peers do not show usable 1-year, 3-year or 5-year trailing returns here.
What is the minimum SIP?
The minimum SIP is ₹1,000.
Who manages the fund and what is the exit load?
The fund is managed by Sandeep Tandon, Jignesh Shah, Ankit Pande and Sameer Kate. The exit load is 1% on or before 15 days, and nil after 15 days.
Bottom line
This is a new equity fund with a Balanced Risk profile, so the long-term story is still developing. Recent performance has been better than the benchmark, but that advantage comes from a short window rather than a long record. The portfolio is visibly concentrated in a handful of holdings, which can amplify the impact of stock and sector moves. It may suit investors who want a differentiated rotation strategy and can live with the uncertainty of a short operating history.
Published on 21 September 2026 at 10:43 AM IST
Explore mutual funds with Univest
Review mutual fund data, compare performance and explore fund insights on Univest.
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.