Sapphire Equity Long-Short SIF NAV History & Returns — -5.3% Since Inception

Daily NAV & Returns

Complete NAV history since inception · Updated weekly from AMFI

1 Month

-6.04%

3 Months

-5.98%

6 Months

-5.34%

1 Year

—

Needs 12M history

Since Inception

-5.34%

Apr 2026

NAV History — Sapphire Equity L/S

107 daily NAV observations · Source: AMFI · 29 Apr 2026 → 1 Oct 2026

What the Returns Show

Since Apr 2026, Sapphire Equity L/S has returned -5.34%, ranking 8th of 9 Equity Long-Short SIFs by 3-month return as of 1 Oct 2026. The NAV peaked at ₹1,024.8163 on 7 Aug 2026 and has since retraced to ₹946.5682 — a drawdown of -7.6% from peak. Over the past month the fund returned -6.0%. Based on 107 daily NAV observations from 29 Apr 2026 to 1 Oct 2026.

Source: AMFI daily NAV disclosures, compiled by AND Fintech. Updated weekly. Past performance does not guarantee future returns. Not investment advice. ARN-301536.

What the Portfolio Shows

As of 31 Jul 2026, Sapphire Equity L/S's long book is led by three equity positions: ICICI Bank Ltd ^ ~~ (5.3% of NAV), HDFC Bank Ltd # ~~ (5.1% of NAV), Reliance Industries Ltd $ ~~ (3.5% of NAV). By sector, the long book concentrates in Banks (19.7%), Finance (6.7%), IT - Software (6.0%). Long book: 97.2% of NAV.

Source: AND Fintech analysis of Franklin Templeton's monthly SIF portfolio disclosure filed with SEBI/AMFI. Auto-refreshed monthly.

Portfolio Snapshot

Latest monthly disclosure summary · 31 Jul 2026

Long %97.2%

Short %0.0%

Debt %0.0%

Cash %2.8%

Gross Exposure—

Net Exposure—

Top 10 Long Equity Positions

Largest long equity positions in Sapphire Equity Long-Short SIF by % of NAV. These are gross long positions — SIFs can hedge them via derivatives, so net exposure to any single stock may be lower (see the Derivatives section below).

#	Stock	Sector	% NAV
1	ICICI Bank Ltd ^ ~~	Banks	5.27%
2	HDFC Bank Ltd # ~~	Banks	5.10%
3	Reliance Industries Ltd $ ~~	Petroleum Products	3.47%
4	Larsen & Toubro Ltd $$ ~~	Construction	3.07%
5	Infosys Ltd	IT - Software	2.97%
6	Axis Bank Ltd	Banks	2.77%
7	Bharti Airtel Ltd ! ~~	Telecom - Services	2.48%
8	Mahindra & Mahindra Ltd	Automobiles	1.99%
9	Tata Consultancy Services Ltd	IT - Software	1.62%
10	ITC Ltd	Diversified FMCG	1.61%

Sector Allocation — Long Book

Top sectors by weight in the long equity book

Banks

19.7%

Finance

6.7%

IT - Software

6.0%

Automobiles

5.5%

Pharmaceuticals & Biotechnology

5.1%

Derivative Positions

Summary of futures and options exposure — the short overlay that can hedge long equity positions

No derivative positions disclosed in the latest portfolio.

Full Portfolio

Complete holdings including all equities, debt, derivatives and cash positions

Loading full portfolio…

About the Fund

Full Name

Sapphire Equity Long-Short SIF

AMC

Franklin Templeton

Frequently Asked Questions

Common questions about Sapphire Equity Long-Short SIF

What is Sapphire Equity Long-Short SIF?

Sapphire Equity Long-Short SIF is a Equity Long-Short Specialised Investment Fund (SIF) managed by Franklin Templeton. SIFs are SEBI-regulated investment products with a minimum investment of Rs 10 Lakhs, designed for HNI investors who want strategies that go beyond traditional mutual funds.

What is the investment strategy of Sapphire Equity Long-Short SIF?

Global active quant: multi-factor smart beta + systematic L/S · Franklin global team USD 34B AUM, 20+ years quant experience The fund is benchmarked against Nifty 500 TRI.

What kind of companies does Sapphire Equity Long-Short SIF invest in?

On the long side, the fund invests primarily in Indian listed equities across sectors including banking, financial services, IT, autos, consumer goods and industrials. SIFs can also take unhedged short positions via derivatives up to 25% of NAV, so net exposure to any single stock or sector may be lower than the long position size. The exact top long equity positions, sector concentration and derivative overlay are shown in the sections above on this page, updated monthly based on the AMC's public disclosures.

Is Sapphire Equity Long-Short SIF equity-oriented for tax purposes?

This fund is classified as Tax A. Group A means the fund maintains gross equity exposure of 65% or more, so short-term capital gains (held under 12 months) are taxed at 20% flat and long-term capital gains are taxed at 12.5%.

Who manages Sapphire Equity Long-Short SIF?

The fund is managed by Arihant Jain & Mohit Sharma. Fund manager information is subject to change and is disclosed in the scheme documents.

What is the exit load on Sapphire Equity Long-Short SIF?

The exit load on this fund is: 1% Till 1 Year. Exit loads vary by SIF and may be updated by the AMC through SID amendments.

What is the redemption frequency of Sapphire Equity Long-Short SIF?

The redemption frequency for this fund is: Please check the SID. Some Hybrid L/S SIFs are structured as interval funds with limited redemption windows, while Equity L/S SIFs are typically open-ended with daily liquidity.

How does Sapphire Equity Long-Short SIF compare to other Equity Long-Short SIFs?

You can compare Sapphire Equity L/S side-by-side with other Equity Long-Short SIFs on AND Fintech's SIF Compare tool at andfintech.in/sif-compare. The tool shows NAV, returns, TER, tax group, exit load and portfolio-level metrics across up to 3 funds at once.