{"id":224822,"date":"2026-08-31T17:07:27","date_gmt":"2026-08-31T11:37:27","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/"},"modified":"2026-08-31T17:07:27","modified_gmt":"2026-08-31T11:37:27","slug":"arthaya-equity-long-short-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/","title":{"rendered":"Arthaya Equity Long Short Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/arthaya-equity-long-short-fund-g-direct-plan\">Arthaya Equity Long Short Fund Direct Growth Plan<\/a> has a NAV of \u20b910.0778 as of 28 August 2026 and a scheme AUM of \u20b9132 Cr. Its 1-year, 3-year and 5-year returns are 0%, 0% and 0%, and the fund sits in the High Risk category.<\/p>\n<p>Our view is that this is a fund for investors who can tolerate a sharp swing in outcomes and want exposure to a long-short equity approach that currently carries a meaningful cash and treasury-bill buffer. The near-term record is still too short to establish a durable pattern, so the current mix matters more than any headline return number.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Arthaya_Equity_Long_Short\" title=\"Should you BUY or HOLD Arthaya Equity Long Short?\">Should you BUY or HOLD Arthaya Equity Long Short?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Arthaya_Equity_Long_Short_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Arthaya Equity Long Short Fund Direct Growth Plan?\">What is the current NAV of Arthaya Equity Long Short Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#What_are_the_funds_recent_returns\" title=\"What are the fund\u2019s recent returns?\">What are the fund\u2019s recent returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_Nifty_50\" title=\"How does the fund compare with Nifty 50?\">How does the fund compare with Nifty 50?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_the_peer_funds_listed_here\" title=\"How does the fund compare with the peer funds listed here?\">How does the fund compare with the peer funds listed here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#What_is_the_minimum_SIP_amount\" title=\"What is the minimum SIP amount?\">What is the minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#What_risk_level_portfolio_mix_and_exit_load_should_investors_note\" title=\"What risk level, portfolio mix and exit load should investors note?\">What risk level, portfolio mix and exit load should investors note?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/arthaya-equity-long-short-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Item<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b910.0778<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9132 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.0%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>25 May 2026<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b910,000<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Equity<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>1% on or before 1Y, Nil after 1Y<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Rajesh Aynor; Hiten Bhadra<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Rajesh Aynor and Hiten Bhadra.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-0.77%<\/td>\n<td>-0.85%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>0.66%<\/td>\n<td>3.39%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The short history makes this fund difficult to judge through long-horizon return numbers. The available near-term figures show a mild loss over one month and a small gain over three months, which is a modest start rather than a decisive trend.<\/p>\n<p>Against the benchmark, the fund was slightly better than Nifty 50 over 1 month, but it lagged the benchmark over 3 months. That tells us the recent path has been uneven, with periods of resilience offset by stretches where the benchmark moved ahead more clearly.<\/p>\n<p>The day-by-day pattern also looks restrained rather than sharply directional. In both the 1-month and 3-month windows, the fund spent time close to flat, with small up-and-down moves that fit a strategy trying to manage downside while participating in upside.<\/p>\n<p>Because the scheme was launched only in May 2026, the 1-year, 3-year and 5-year return fields are not yet meaningful in a normal trailing-performance sense. For now, our read is that investors should focus more on how the portfolio is constructed than on a return history that is still too short to establish consistency.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Arthaya_Equity_Long_Short\"><\/span>Should you BUY or HOLD Arthaya Equity Long Short?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>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.<\/p>\n<p><strong>Already holding Arthaya Equity Long Short? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/arthaya-equity-long-short-fund-g-direct-plan\">Arthaya Equity Long Short Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/arudha-equity-long-short-fund-g-direct-plan\">Arudha Equity Long-Short Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/isif-active-asset-allocator-long-short-fund-g-direct-plan\">iSIF Active Asset Allocator Long-Short Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/isif-hybrid-long-short-fund-g-direct-plan\">iSIF Hybrid Long-Short Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/isif-equity-ex-top-100-long-short-fund-g-direct-plan\">iSIF Equity Ex-Top 100 Long-Short Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>On the limited return history available, the current fund looks broadly in line with the peer set at this stage because every scheme in the comparison has insufficient trailing return history for a clean multi-year read. The clearer difference lies in the short window: this fund has been slightly steadier than the benchmark over 1 month, but it has trailed the benchmark over 3 months.<\/p>\n<p>That means the comparison story is not about a visible long-term lead or lag; it is about early behaviour. At this point, the fund\u2019s advantage, if any, is in its mild short-term stability rather than in a proven return edge over longer horizons.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Market-cap bucket<\/th>\n<th>Allocation<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Large Cap<\/td>\n<td>67.98%<\/td>\n<\/tr>\n<tr>\n<td>Mid Cap<\/td>\n<td>3.65%<\/td>\n<\/tr>\n<tr>\n<td>Small Cap<\/td>\n<td>2.25%<\/td>\n<\/tr>\n<tr>\n<td>Other Cap<\/td>\n<td>26.12%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<thead>\n<tr>\n<th>Sector<\/th>\n<th>Allocation<\/th>\n<th>Top holdings<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>TREASURY BILLS<\/td>\n<td>15.74%<\/td>\n<td>91 DAY TREASURY BILLS (13.86%), 364 DAY TREASURY BILLS (1.88%)<\/td>\n<\/tr>\n<tr>\n<td>CASH &amp; CASH EQUIVALENTS AND NET ASSETS<\/td>\n<td>14.36%<\/td>\n<td>TREPS (27.68%)<\/td>\n<\/tr>\n<tr>\n<td>HEALTHCARE<\/td>\n<td>12.21%<\/td>\n<td>MAX HEALTHCARE INSTITUTE LTD. (3.78%), APOLLO HOSPITALS ENTERPRISE LTD. (3.53%)<\/td>\n<\/tr>\n<tr>\n<td>BANK<\/td>\n<td>11.46%<\/td>\n<td>ICICI BANK LTD. (3.34%), HDFC BANK LTD. (2.69%)<\/td>\n<\/tr>\n<tr>\n<td>AUTOMOBILE &amp; ANCILLARIES<\/td>\n<td>10.4%<\/td>\n<td>MARUTI SUZUKI INDIA LTD. (4.12%), EICHER MOTORS LTD. (2.09%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The portfolio is dominated by large-cap exposure at 67.98%, while mid-cap and small-cap positions are small at 3.65% and 2.25%. That mix suggests the equity book is tilted toward established businesses, with a sizable 26.12% classified as other cap, which may include exposures that do not fit neatly into the standard market-cap buckets.<\/p>\n<p>At the sector level, treasury bills at 15.74% are only slightly above cash and cash equivalents at 14.36%, so the two defensive blocks together matter a great deal. Healthcare at 12.21% and banks at 11.46% are close behind, which means the portfolio is spread across several meaningful sleeves rather than concentrated in just one theme.<\/p>\n<p>Our view is that treasury bills and cash may have the greatest influence on short-term behaviour because together they form a large defensive base. Among equity sectors, healthcare could also matter more than the others if stock-specific moves in MAX Healthcare and Apollo Hospitals are strong, but the overall allocation still looks balanced enough to avoid a single-sector story.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund suits investors with a high tolerance for volatility and a willingness to stay invested through an unproven return history. The launch date is recent, so the available return record is short, and the benchmark comparison has already shown that short windows can move in different directions.<\/p>\n<p>It is more appropriate for a medium-to-long horizon than for someone looking for a stable, predictable equity outcome in the near term. The main trade-off is that the portfolio has a large defensive allocation, but the scheme still carries High Risk classification and does not yet have a long performance track record to lean on.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load<\/strong><\/p>\n<ul>\n<li>1% if units are sold on or before 1 year.<\/li>\n<li>No exit load after 1 year.<\/li>\n<\/ul>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Arthaya_Equity_Long_Short_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Arthaya Equity Long Short Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b910.0778 as of 28 August 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_recent_returns\"><\/span>What are the fund\u2019s recent returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s 1-month return is -0.77% and its 3-month return is 0.66%. The 1-year, 3-year and 5-year return fields are not available in a meaningful trailing sense yet because the scheme is newly launched.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_Nifty_50\"><\/span>How does the fund compare with Nifty 50?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It was slightly better than Nifty 50 over 1 month, but it trailed the benchmark over 3 months. That suggests the short-term pattern has been mixed rather than consistently ahead.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_the_peer_funds_listed_here\"><\/span>How does the fund compare with the peer funds listed here?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The comparison does not show a clear long-horizon edge because the available 1-year, 3-year and 5-year figures are not available for the schemes in this set. The more visible difference is that the fund has been a little steadier than the benchmark in the shortest window, but not across every recent period.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_minimum_SIP_amount\"><\/span>What is the minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b910,000.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_risk_level_portfolio_mix_and_exit_load_should_investors_note\"><\/span>What risk level, portfolio mix and exit load should investors note?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is classified as High Risk. Its portfolio is dominated by large-cap exposure, with meaningful allocations to treasury bills and cash, and the exit load is 1% on or before 1 year and nil after 1 year.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Arthaya Equity Long Short Fund Direct Growth Plan is still too new for a full trailing-performance judgment, so the recent short-window behaviour matters more than the unavailable long-horizon return figures. It has been mixed versus the benchmark in the near term, while the peer comparison is also limited by the lack of meaningful long-run numbers across this group.<\/p>\n<p>The key fund-level feature is the portfolio\u2019s defensive base, with large allocations to treasury bills and cash alongside a largely large-cap equity mix. That makes it a high-risk scheme with a comparatively cautious portfolio structure, which may appeal to investors who want a long-short style exposure and can accept an early-stage record.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 31 August 2026 at 5:06 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Arthaya Equity Long Short Fund Direct Growth Plan\",\"identifier\":\"arthaya-equity-long-short-fund-g-direct-plan\",\"category\":\"Equity\",\"dateCreated\":\"25 May 2026\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":10.0778,\"valueReference\":\"as of 28 Aug 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"132 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.0\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Rajesh Aynor, Hiten Bhadra\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Arthaya Equity Long Short Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b910.0778 as of 28 August 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s recent returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-month return is -0.77% and its 3-month return is 0.66%. The 1-year, 3-year and 5-year return fields are not available in a meaningful trailing sense yet because the scheme is newly launched.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with Nifty 50?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It was slightly better than Nifty 50 over 1 month, but it trailed the benchmark over 3 months. That suggests the short-term pattern has been mixed rather than consistently ahead.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The comparison does not show a clear long-horizon edge because the available 1-year, 3-year and 5-year figures are not available for the schemes in this set. The more visible difference is that the fund has been a little steadier than the benchmark in the shortest window, but not across every recent period.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b910,000.\"}},{\"@type\":\"Question\",\"name\":\"What risk level, portfolio mix and exit load should investors note?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is classified as High Risk. Its portfolio is dominated by large-cap exposure, with meaningful allocations to treasury bills and cash, and the exit load is 1% on or before 1 year and nil after 1 year.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Person\",\"name\":\"{{ANALYST_NAME}}\",\"affiliation\":{\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\"},\"description\":\"Uniapps Investment Adviser Pvt. Ltd. \u2014 SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arthaya Equity Long Short Fund Direct Growth Plan has a NAV of \u20b910.0778 as of 28 August 2026, AUM of \u20b9132 Cr and a High Risk profile. Its recent returns are -0.77% over 1 month and 0.66% over 3 months, with a large-cap heavy portfolio and notable treasury-bill and cash allocations.<\/p>\n","protected":false},"author":29,"featured_media":224821,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-224822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["224821"],"rank_math_title":["Arthaya Equity Long Short Fund Review 2026"],"rank_math_description":["Arthaya Equity Long Short Fund Direct Growth Plan has a NAV of \u20b910.0778 as of 28 Aug 2026 and 1M\/3M returns of -0.77%\/0.66%."],"rank_math_focus_keyword":["Arthaya Equity Long Short Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/08\/Arthaya_Equity_Long_Short_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=224822"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224822\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/224821"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=224822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=224822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=224822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}