Platinum Hybrid Long-Short Fund: NAV, returns, unhedged exposure and holdings
Platinum Hybrid Long-Short Fund is a hybrid long-short Specialised Investment Fund from Mirae Asset Mutual Fund. Its NAV was Rs 9.9990 on 21 October 2026, -0.02% since it launched on 11 June 2026. Unhedged derivatives: 3.11% of net assets across 4 positions. 3.11% is long (betting on a rise), 0.00% is short (betting on a fall).
Key facts
| Fund house | Mirae Asset Mutual Fund |
|---|---|
| Brand | Platinum SIF |
| Strategy | Hybrid long-short |
| Plan shown | Regular, Growth |
| Launched | 11 June 2026 |
| NAV on 21 Oct 2026 | Rs 9.9990 |
| Fund size (30 Sep 2026) | Rs 385.37 crore |
| Risk band (fund house) | 1 of 5 |
| Holdings | 114 |
| Portfolio turnover | 2.77x |
| Minimum investment | Rs 10 lakh per investor per fund house (SIF rule) |
Returns
| 1 month | -1.34% |
|---|---|
| 3 months | -0.90% |
| Since launch (132 days) | -0.02% |
Returns are absolute and measured on the Regular plan growth NAV from AMFI up to 21 October 2026. The fund is 132 days old, so annualising would mislead.
How the money is invested
| Collar strategy | 39.09% |
|---|---|
| Fixed income | 34.89% |
| Arbitrage (hedged equity) | 23.76% |
| Special situations | 2.26% |
Unhedged derivatives
Unhedged derivatives: 3.11% of net assets across 4 positions. 3.11% is long (betting on a rise), 0.00% is short (betting on a fall).
What does this mean? Derivatives are contracts whose value moves with a share or an index. A long position gains if prices rise and a short position gains if they fall. “Unhedged” means the position is not matched by a share holding in the fund.
| Position | Sector | % of net assets |
|---|---|---|
| Bank Nifty Index (futures) | +1.71% | |
| Hindalco Industries Ltd. (futures) | Non – Ferrous Metals | +0.81% |
| SBI Life Insurance Co. Ltd. (futures) | Insurance | +0.43% |
| BSE Ltd. (futures) | +0.16% |
Futures the fund is not using to hedge a holding (long futures, or shorts on stocks it does not hold), as % of net assets. Bought put options on stocks the fund holds (29 positions) are protection and are left out.
Top equity holdings
| Company | Sector | % of net assets |
|---|---|---|
| ICICI Bank Ltd. | Banks | 3.89% |
| HDFC Bank Ltd. | Banks | 3.13% |
| Reliance Industries Ltd. | Petroleum Products | 3.03% |
| Tata Steel Ltd. | Ferrous Metals | 2.87% |
| Tech Mahindra Ltd. | IT – Software | 2.47% |
| Bajaj Finance Ltd. | Finance | 2.33% |
| Ultratech Cement Ltd. | Cement & Cement Products | 1.92% |
| Maruti Suzuki India Ltd. | Automobiles | 1.91% |
| State Bank of India | Banks | 1.90% |
| Shriram Finance Ltd. | Finance | 1.89% |
Top debt holdings
| Security | Rating | % of net assets |
|---|---|---|
| 6.36% Government of India (MD 16/02/2031) | Sovereign | 6.36% |
| 7.35% Bharti Telecom Ltd. (MD 15/10/2027) | CRISIL AAA | 3.86% |
| 8.60% Muthoot Finance Ltd. (MD 02/03/2028) | CRISIL AA+ | 2.59% |
| 364 Days Treasury Bills (MD 17/12/2026) | Sovereign | 2.57% |
| 7.83% Small Industries Development Bank of India (MD 24/11/2028) | CRISIL AAA | 1.30% |
Sector mix
Banks 11.2%, Finance 5.5%, Automobiles 5.3%, Ferrous Metals 4.8%, Pharmaceuticals & Biotechnology 4.1%, Other sectors 34.2%.
Frequently asked questions
What is Platinum Hybrid Long-Short Fund?
Platinum Hybrid Long-Short Fund is a Specialised Investment Fund (SIF) from Mirae Asset Mutual Fund. It follows a hybrid long-short strategy, which means it can hold shares it expects to rise and take short positions through derivatives. It launched on 11 June 2026.
What is the minimum investment?
SIFs need at least Rs 10 lakh per investor per fund house, across that fund house’s SIF strategies. Check the scheme’s offer documents for any further rules.
How has Platinum Hybrid Long-Short Fund performed?
On 21 October 2026 the NAV was Rs 9.9990, a change of -0.02% since launch 132 days earlier. This is a short record, so it says little about how the fund behaves over a full market cycle. Past returns do not predict future returns.
Does the fund hold unhedged derivatives?
Yes. Unhedged derivatives: 3.11% of net assets across 4 positions. 3.11% is long (betting on a rise), 0.00% is short (betting on a fall).
Where does this data come from?
NAV comes from AMFI. Portfolio data comes from the fund house’s monthly disclosure for 30 September 2026 (Mirae Asset Mutual Fund monthly portfolio disclosure). We check it daily and note the date on every figure.
Compare and explore
Other hybrid long-short funds
- qsif Hybrid Long-Short Fund
- Altiva Hybrid Long-Short Fund
- Magnum Hybrid Long-Short Fund
- Titanium Hybrid Long-Short Fund
- Arudha Hybrid Long-Short Fund
Data as of 30 September 2026 (portfolio) and 21 October 2026 (NAV). Sources: AMFI and Mirae Asset Mutual Fund monthly disclosures. This page is information, not advice, and no return is promised. Ashish Jain, AMFI-registered mutual fund distributor, ARN-294841. Mutual fund investments are subject to market risks; read all scheme related documents carefully.