Altiva Hybrid Long-Short Fund: A Complete Guide to Edelweiss Altiva SIF, Performance, AUM & Strategy
Altiva Hybrid Long-Short Fund is one of the prominent Hybrid Long-Short strategies in India's emerging Specialized Investment Fund (SIF) ecosystem. Managed by Edelweiss Mutual Fund, the fund combines equity, fixed income, arbitrage, special situations and derivative strategies within a single investment strategy.
With the SIF segment expanding rapidly in India, Altiva Hybrid Long-Short Fund has attracted significant attention from investors, distributors and wealth managers looking for strategies beyond conventional mutual funds.
This guide covers the Altiva Hybrid SIF's strategy, inception, AUM, performance, benchmark, taxation, minimum investment, liquidity and key features.
What is Altiva Hybrid Long-Short Fund?
Altiva Hybrid Long-Short Fund is an interval investment strategy under Altiva SIF by Edelweiss Mutual Fund.
The strategy invests in equity and debt securities and can use derivatives to create limited short exposure. Edelweiss describes the strategy as an income-oriented approach with arbitrage and fixed income as core strategies, enhanced by special situations and derivative strategies.
In simple terms, instead of depending entirely on the direction of the stock market, the strategy attempts to generate returns from multiple sources.
Key return drivers include:
- Equity investments
- Fixed-income investments
- Arbitrage opportunities
- Special situations
- Derivative strategies
- Limited long-short exposure
This differentiated approach is one of the key reasons Altiva Hybrid SIF has become an important name in India's SIF market.
Altiva Hybrid Long-Short
| Particular | Details |
| Fund Name | Altiva Hybrid Long-Short Fund |
| AMC | Edelweiss Mutual Fund |
| SIF | Altiva SIF |
| Strategy | Hybrid Long-Short Fund |
| Strategy Type | Interval |
| Inception Date | 20 October 2025 |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Minimum Investment | ₹10 lakh |
| Plans | Direct & Regular |
| Options | Growth & IDCW |
| Subscription | Daily |
| Redemption | Twice a week -Monday & Wednesday |
| Fund Structure | SIF under the mutual fund framework |
Edelweiss' official fund page confirms the Hybrid Long-Short classification, interval structure, benchmark, ₹10 lakh minimum application amount and subscription/redemption framework.
AMFI also lists Altiva Hybrid Long-Short Fund among India's SIF strategies and records its NAV under the Hybrid Long-Short category.
Altiva Hybrid SIF AUM
One of the most notable aspects of Altiva SIF is the scale it has achieved since its launch.
According to the 31 July 2026 SIF360 snapshot:
Total Altiva AMC SIF AUM: ₹8,143 Crore
And within this:
Altiva Hybrid Long-Short Fund Scheme AUM: ₹7,187 Crore
This means the Hybrid Long-Short strategy represented a substantial portion of the Altiva SIF assets at that point.
| AUM Metric | As of 31 July 2026 |
| Total Altiva SIF AUM | ₹8,143 Cr |
| Altiva Hybrid Long-Short Fund AUM | ₹7,187 Cr |
Important: AUM figures above are specifically for the 31 July 2026 snapshot. They should not be confused with later/current AUM figures that may appear on third-party platforms.
Altiva Hybrid Long-Short Fund Performance
The fund began operations in October 2025, meaning it does not yet have a conventional multi-year performance history.
As of 12 August 2026, the SIF360 performance snapshot showed the following returns:
| Period | Altiva Hybrid Long-Short Fund |
| 1 Month | 1.52% |
| 3 Months | 4.22% |
| 6 Months | 6.46% |
| Since Inception | 9.75% |
Performance date: 12 August 2026
Because the fund has less than one year of history, these numbers should be viewed as short-term/absolute performance indicators rather than long-term CAGR evidence.
Edelweiss itself cautions that past performance may or may not be sustained and should not be used as the sole basis for comparing investments.
How Does Altiva Hybrid Long-Short Fund Work?
The strategy is built around multiple potential sources of return.
1. Arbitrage
Arbitrage strategies attempt to capture price differences between related securities or markets.
For Altiva, arbitrage is described as one of the core components of the strategy.
2. Fixed Income
The strategy also invests in fixed-income securities, creating an income-oriented component within the portfolio.
This can potentially provide a more diversified return profile compared with a strategy dependent only on equities.
3. Special Situations
The fund can identify specific corporate or market events that may create investment opportunities.
4. Derivatives
Derivatives provide the strategy with additional flexibility, including the ability to create limited short exposure.
According to Edelweiss, the strategy can use derivatives across equity and debt and has a maximum short exposure through derivatives of 25%.
Altiva Hybrid Long-Short Fund Asset Allocation
The strategy is not simply a conventional 60:40 or 70:30 hybrid fund.
Its portfolio construction can combine:
Equity + Debt + Arbitrage + Special Situations + Derivatives
Edelweiss describes arbitrage and fixed income as the core strategies, with special situations and derivative strategies providing additional return drivers.
This makes the fund particularly relevant for investors looking at alternative mutual fund strategies and SIF investment opportunities in India.
Altiva Hybrid SIF vs Traditional Hybrid Mutual Funds
A major difference between a conventional hybrid mutual fund and a SIF strategy is the flexibility available to the investment strategy.
Traditional hybrid funds generally operate within defined asset-allocation categories.
SIFs, on the other hand, were introduced to provide investors with access to more sophisticated strategies while retaining the mutual-fund structure.
Altiva Hybrid Long-Short Fund combines multiple strategies and can use derivatives for limited short exposure, giving the portfolio a different risk-return profile from a traditional hybrid fund.
Altiva Hybrid Long-Short Fund Minimum Investment
The minimum application amount is ₹10 lakh.
Edelweiss also provides SIP, STP and SWP facilities, subject to maintaining the applicable minimum investment threshold.
This ₹10 lakh threshold is one of the defining characteristics of India's SIF category and makes SIFs particularly relevant to HNIs, affluent investors, experienced investors and wealth-management clients.
Altiva Hybrid SIF Liquidity & Redemption
Unlike conventional open-ended mutual funds where investors can generally redeem on any business day, Altiva Hybrid Long-Short Fund follows an interval structure.
According to Edelweiss:
- Subscription: Daily
- Redemption: Twice a week
- Redemption days: Monday and Wednesday
Investors therefore need to understand the applicable redemption windows before investing.
This is an important consideration when comparing Altiva Hybrid SIF with traditional hybrid mutual funds.
Altiva Hybrid Long-Short Fund Taxation
Taxation is an important part of evaluating any SIF strategy.
Edelweiss' current fund information states that taxation depends on the underlying strategy and applicable tax rules. For the Altiva Hybrid Long-Short strategy, its published tax framework indicates:
- Investments held for up to 12 months: applicable slab-rate treatment for the strategy
- Investments held for more than 12 months: 12.5% LTCG treatment as described by Edelweiss
- Specific debt and equity components can have different tax treatment.
The AMC specifically advises investors to consult a tax advisor for taxation applicable to their individual investments.
Tax rules can change, and investors should verify the applicable treatment before making an investment decision.
Who Should Consider Altiva Hybrid Long-Short Fund?
Altiva Hybrid Long-Short Fund may be relevant for investors who:
- Have a minimum investment capacity of ₹10 lakh
- Understand market-linked investments
- Want exposure to sophisticated investment strategies
- Are looking beyond conventional mutual fund categories
- Prefer a multi-strategy approach
- Have a medium- to long-term investment horizon
- Understand the liquidity characteristics of an interval strategy
- Are comfortable with derivatives and associated risks
Edelweiss suggests that the appropriate investment horizon depends on the investor's objectives and risk appetite, with its website discussing medium- and longer-term horizons for SIF strategies.
Altiva Hybrid Long-Short Fund: Key Advantages
Diversified return drivers
The strategy isn't dependent on one single asset class or return source.
Hybrid structure
Equity and fixed income are combined within the strategy.
Arbitrage exposure
Arbitrage forms a core part of the investment approach.
Derivative flexibility
Derivatives can be used for both opportunity generation and risk-management purposes.
SIF framework
The strategy provides access to an advanced investment structure within the mutual fund ecosystem.
₹10 lakh entry point
The minimum investment threshold positions the product within India's affluent/HNI investment segment.
Risks to Understand Before Investing
While SIFs provide sophisticated investment strategies, they are not risk-free products.
Investors should understand:
- Market volatility
- Equity risk
- Interest-rate risk
- Credit risk
- Derivative risk
- Liquidity risk
- Strategy risk
- Short-position risk
Edelweiss specifically notes that SIF investments involve relatively higher risks, including potential loss of capital, liquidity risk and market volatility.
The fund's historical performance should therefore not be interpreted as a guarantee of future returns.
Altiva Hybrid Long-Short Fund: What Investors Should Watch
Since the strategy was launched in October 2025, its long-term track record is still developing.
For investors and distributors tracking the fund, some of the most useful metrics to monitor over the coming quarters will be:
AUM growth → portfolio allocation → performance consistency → volatility → drawdowns → benchmark comparison → strategy-level attribution
This will provide a much clearer picture of how the strategy behaves across different market environments.
Altiva Hybrid Long-Short Fund: Quick Summary
Altiva Hybrid Long-Short Fund represents a new generation of investment strategies emerging through India's SIF ecosystem.
The strategy combines equity, fixed income, arbitrage, special situations and derivatives, providing a broader toolkit than a conventional hybrid mutual fund.
As of 31 July 2026, the SIF360 snapshot recorded ₹7,187 crore in scheme AUM against ₹8,143 crore of total Altiva SIF AUM.
As of 12 August 2026, the fund's reported performance was 1.52% for 1 month, 4.22% for 3 months, 6.46% for 6 months and 9.75% since inception.
With India's SIF ecosystem continuing to expand, Altiva Hybrid Long-Short Fund is a strategy worth tracking for investors and distributors looking to understand the evolution of sophisticated mutual-fund investing in India.
Frequently Asked Questions
What is Altiva Hybrid Long-Short Fund?
Altiva Hybrid Long-Short Fund is a Hybrid Long-Short SIF strategy managed by Edelweiss Mutual Fund. It combines equity, fixed income, arbitrage, special situations and derivatives.
When was Altiva Hybrid Long-Short Fund launched?
The fund's inception date is 20 October 2025.
What is the minimum investment in Altiva Hybrid Long-Short Fund?
The minimum application amount is ₹10 lakh.
What is the benchmark of Altiva Hybrid Long-Short Fund?
The benchmark is the NIFTY 50 Hybrid Composite Debt 50:50 Index.
What is the AUM of Altiva Hybrid Long-Short Fund?
The SIF360 snapshot records the scheme AUM at ₹7,187 crore as of 31 July 2026.
What was the 6-month return of Altiva Hybrid Long-Short Fund?
The SIF360 performance snapshot showed a 6-month return of 6.46% as of 12 August 2026.
Is Altiva Hybrid Long-Short Fund an equity fund?
No. It is classified as a Hybrid Long-Short Fund under the SIF framework. Its strategy combines equity, debt, arbitrage, special situations and derivatives.
Is Altiva Hybrid Long-Short Fund suitable for everyone?
No investment strategy is suitable for every investor. SIFs are designed for investors who understand sophisticated strategies and are comfortable with the associated market, liquidity and derivative risks.
