Titanium Equity Long-Short Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Updated: 18 Sept 2026 • 9:23 am

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Titanium Equity Long-Short Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Titanium Equity Long-Short Fund Direct Growth Plan currently has a NAV of ₹10.4095 as of 17 Sep 2026 and scheme AUM of ₹207 Cr. Its 1-year, 3-year and 5-year returns are 0%, 0% and 0%, and the scheme is tagged High Risk. Our view is that this is still a very early-stage fund: the portfolio has only recently built a short operating history, so the key question is less about long-cycle consistency and more about whether the current positioning can stabilise through live market conditions.

What stands out is the mix of listed equities, cash-like positions and treasury bills alongside the small absolute return history so far. That profile can support flexibility, but it also means the fund has not yet established a long trailing record that helps investors judge how it behaves across different market phases.

Table of Contents

Quick facts

Particular	Details
NAV	₹10.4095 as of 17 Sep 2026
AUM	₹207 Cr
Expense Ratio	0.0%
Launch Date	14 May 2026
Min SIP	₹1,000
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Equity
Exit Load	1% on or before 1M, Nil after 1M
Fund Managers	Suraj Nanda, Akhil Mittal, Hasmukh Vishariya

The fund is managed by Suraj Nanda, Akhil Mittal and Hasmukh Vishariya.

Source data date: as of 17 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-1.7%	-3.66%
3M	1.3%	-3.71%
1Y	0%	Data not available
3Y	0%	Data not available
5Y	0%	Data not available

The short-term pattern is mixed but not weak relative to the benchmark. Over 1 month, the fund was less negative than the Nifty 50, and over 3 months it delivered a positive return while the benchmark stayed in the red. That suggests the portfolio has been able to add value over a choppier recent stretch, even if the margin is not large enough to call the pattern firmly established.

The longer picture is still incomplete because the fund was launched only in May 2026, so the 1-year, 3-year and 5-year return fields do not yet offer a meaningful trailing-history view. For investors, that matters because long-short strategies are often judged on how they handle changing market regimes, not just on a few weeks of movement. At this stage, the evidence is more about early behaviour than about a tested compounding record.

The current benchmark view also needs care. We can compare the fund against Nifty 50 over 1 month and 3 months, where the fund has held up better. But there is no long-horizon benchmark-return series here to anchor a full-cycle judgement, so our view is that the recent numbers are encouraging rather than conclusive.

Source data date: as of 17 Sep 2026

Should you BUY or HOLD Titanium Equity 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 Titanium Equity Long-Short? Thinking of investing now?

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Peer comparison

Fund	1Y return	3Y return	5Y return
Titanium Equity Long-Short Fund Direct Growth Plan	0%	0%	0%
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.

The recent comparison is straightforward: the fund’s short-term returns are better than the benchmark’s short-term returns, while the peer rows do not yet offer usable trailing figures for a fuller side-by-side return comparison. That makes the current fund stand out more on live short-term behaviour than on established trailing history.

Because every listed peer shows unavailable trailing returns, the 3-year and 5-year comparison does not separate the group. For now, the available evidence suggests that the fund’s most relevant comparison point is its recent behaviour versus Nifty 50, while the longer-term peer picture remains incomplete for all of the funds shown here.

Source data date: as of 17 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
D) Repo	Cash & Cash Equivalents and Net Assets	31.15%
Treasury Bill 91 Days (20/08/2026)	Treasury Bills	11.88%
HDFC Bank Ltd.	Bank	4.66%
ICICI Bank Ltd.	Bank	3.63%
Mahindra & Mahindra Ltd.	Automobile & Ancillaries	2.93%
Infosys Ltd.	IT	2.23%
Oil & Natu. Gas Co.	Crude Oil	1.92%
Hero Motocorp Ltd.	Automobile & Ancillaries	1.89%
Britannia Industries Ltd.	FMCG	1.75%
NTPC Ltd.	Power	1.68%

The top 10 holdings account for approximately 63.72% of the portfolio.

To see all holdings, visit the Titanium Equity Long-Short Fund Direct Growth Plan page

The largest disclosed holding is D) Repo at 31.15%, which is much larger than the next visible position and gives the portfolio a strong cash-like anchor. Treasury bills add another 11.88%, so the visible book has a meaningful defensive and liquidity tilt before the equity names begin.

Weight then steps down fairly quickly into single-digit allocations: HDFC Bank and ICICI Bank are both meaningful but much smaller than the top two positions, and the tenth holding is only 1.68%. That gap suggests the visible holdings are not evenly balanced; instead, influence is likely to be concentrated in a few larger positions at the top.

At the same time, the 10 disclosed holdings account for 63.72% of the portfolio, while the full holding count is 44. That means the displayed core is important, but there is still a longer tail of other positions that may also matter to overall behaviour. The mix therefore looks concentrated at the top, yet not limited to a tiny handful of names.

Source data date: as of 17 Sep 2026

Who should invest

This fund fits investors who can accept High Risk and who are comfortable with a strategy that is still early in its live track record. The short-term numbers have held up better than the benchmark, but the 1-year, 3-year and 5-year trailing figures do not yet provide a full history, so the case for the fund rests more on present behaviour than on long-run proof.

A longer horizon is important here because the portfolio mixes cash-like exposure with equity positions, which may help flexibility but also means the outcome can differ from a plain equity fund. The main trade-off is between the chance of a differentiated return pattern and the lack of a mature performance record. For investors who want visible short-term resilience and can tolerate uncertainty, that trade-off may be acceptable.

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

Exit load: 1% if units are sold within 1 month; nil after 1 month.

Source data date: as of 17 Sep 2026

Frequently asked questions

What is the current NAV of Titanium Equity Long-Short Fund Direct Growth Plan?
Its NAV is ₹10.4095 as of 17 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s 1-year, 3-year and 5-year returns are 0%, 0% and 0%.

How has the fund done versus the benchmark recently?
It has done better than Nifty 50 over both 1 month and 3 months. The fund returned -1.7% over 1 month and 1.3% over 3 months, while the benchmark returned -3.66% and -3.71% in those periods.

How does it compare with the peer funds listed here?
The listed peers do not show usable trailing return figures, so a full return comparison is not available. The current fund’s recent short-term behaviour is the clearest comparison point at present.

Is there a minimum SIP amount?
Yes, the minimum SIP amount is ₹1,000.

Who manages the fund and what is the exit load?
The fund is managed by Suraj Nanda, Akhil Mittal and Hasmukh Vishariya. Exit load is 1% if units are sold within 1 month, and nil after 1 month.

Bottom line

Titanium Equity Long-Short Fund Direct Growth Plan is still too young for a long-history verdict, so the main read is on early behaviour rather than established consistency. Recent returns have held up better than the benchmark over the short windows shown, but the longer-term trailing figures are not yet meaningful. The portfolio’s top weights are led by a large repo position and treasury bills, which points to a cautious, liquidity-aware construction at the visible core. That makes the fund most relevant for investors who can tolerate High Risk and are comfortable with a new strategy that is still building its record.

Published on 18 September 2026 at 9:21 AM IST

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.