Stories
Year One of SIFs: How 34 Funds Measured Against Nifty Indices
M
Moneycontrol•14-10-2026, 10:02
Year One of SIFs: How 34 Funds Measured Against Nifty Indices
- •A total of 34 SIFs have been established across multiple AMCs, covering five equity-oriented and hybrid strategies after one year.
- •During a weak market period where the Nifty 50 and Nifty 500 fell, 33 out of 34 SIFs outperformed the Nifty 50.
- •The median SIF returned positive 2.0 percent, outperforming the Nifty 50 by 7.4 percentage points and the Nifty 500 by 6.3 percentage points.
- •All 34 SIFs experienced a smaller maximum fall compared to the Nifty 500, with 30 funds showing lower daily volatility.
- •Returns across the funds varied significantly, ranging from negative 13.7 percent to positive 28.7 percent.
Key Questions Answered
In a weak market year where the Nifty 50 fell 10.1 percent and the Nifty 500 fell 5.4 percent by October 9, 2026, 33 out of 34 SIFs outperformed the Nifty 50, and 30 out of 34 outperformed the Nifty 500 over their respective NAV histories.
Returns for the 34 SIFs ranged from a low of -13.7 percent recorded by Diviniti Equity Long Short to a high of +28.7 percent achieved by qsif Hybrid Long-Short.
All 34 SIFs experienced a smaller maximum fall than the Nifty 500 over the same period, and 30 out of 34 demonstrated lower daily volatility than the index.
