Titanium Equity Long-Short Fund: NAV, returns, unhedged exposure and holdings
Titanium Equity Long-Short Fund is an equity long-short Specialised Investment Fund from Tata Mutual Fund. Its NAV was Rs 10.0827 on 21 October 2026, +0.48% since it launched on 20 May 2026. Unhedged derivatives: 11.72% of net assets across 15 positions. 6.96% is long (betting on a rise), 4.76% is short (betting on a fall).
Key facts
| Fund house | Tata Mutual Fund |
|---|---|
| Brand | Titanium SIF |
| Strategy | Equity long-short |
| Plan shown | Regular, Growth |
| Launched | 20 May 2026 |
| NAV on 21 Oct 2026 | Rs 10.0827 |
| Fund size (30 Sep 2026) | Rs 343.89 crore |
| Risk band (fund house) | 5 of 5 |
| Holdings | 93 |
| Minimum investment | Rs 10 lakh per investor per fund house (SIF rule) |
Returns
| 1 month | -3.16% |
|---|---|
| 3 months | -2.00% |
| Since launch (154 days) | +0.48% |
Returns are absolute and measured on the Regular plan growth NAV from AMFI up to 21 October 2026. The fund is 154 days old, so annualising would mislead.
How the money is invested
| Equity (unhedged) | 77.86% |
|---|---|
| Fixed income | 15.41% |
| Arbitrage (hedged equity) | 6.84% |
Unhedged derivatives
Unhedged derivatives: 11.72% of net assets across 15 positions. 6.96% is long (betting on a rise), 4.76% 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 |
|---|---|---|
| HDFC BANK LTD. (futures) | Banks | +1.76% |
| Nifty midcap select index (futures) | -1.20% | |
| INDUS TOWERS LTD. (futures) | Telecom – Services | +0.93% |
| TATA CONSUMER PRODUCTS LTD. (futures) | Agricultural Food & other Products | +0.92% |
| SONA BLW PRECISION FORGINGS LTD. (futures) | Auto Components | -0.89% |
Futures and options the fund is not using to hedge a holding, as % of net assets. Options are shown at premium value, as this AMC reports them, so their market exposure is larger.
Top equity holdings
| Company | Sector | % of net assets |
|---|---|---|
| HDFC BANK LTD. | Banks | 5.26% |
| AXIS BANK LTD. | Banks | 3.03% |
| ICICI BANK LTD. | Banks | 2.88% |
| NTPC Ltd. | Power | 2.63% |
| RELIANCE INDUSTRIES LTD. | Petroleum Products | 2.59% |
| MAHINDRA & MAHINDRA LTD. | Automobiles | 2.49% |
| BHARTI AIRTEL LTD. | Telecom – Services | 2.30% |
| ABBOTT INDIA LTD. | Pharmaceuticals & Biotechnology | 2.05% |
| ULTRATECH CEMENT LTD. | Cement & Cement Products | 1.91% |
| VISHAL MEGA MART LTD | Retailing | 1.91% |
Top debt holdings
| Security | Rating | % of net assets |
|---|---|---|
| TREASURY BILL 182 DAYS (19/11/2026) | SOVRN-SOV | 5.77% |
| TREASURY BILL 182 DAYS (05/11/2026) | SOVRN-SOV | 4.34% |
| TREASURY BILL 91 DAYS (05/11/2026) | SOVRN-SOV | 1.45% |
Sector mix
Banks 14.5%, Automobiles 6.1%, Insurance 5.8%, Pharmaceuticals & Biotechnology 4.5%, Cement & Cement Products 3.9%, Other sectors 49.8%.
Frequently asked questions
What is Titanium Equity Long-Short Fund?
Titanium Equity Long-Short Fund is a Specialised Investment Fund (SIF) from Tata Mutual Fund. It follows an equity long-short strategy, which means it can hold shares it expects to rise and take short positions through derivatives. It launched on 20 May 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 Titanium Equity Long-Short Fund performed?
On 21 October 2026 the NAV was Rs 10.0827, a change of +0.48% since launch 154 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: 11.72% of net assets across 15 positions. 6.96% is long (betting on a rise), 4.76% 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 (Tata Mutual Fund monthly portfolio disclosure). We check it daily and note the date on every figure.
Compare and explore
Other Titanium SIF funds
Other equity long-short funds
- qsif Equity Long-Short Fund
- Diviniti Equity Long-Short Fund
- DynaSIF Equity Long-Short Fund
- Arudha Equity Long-Short Fund
- Sapphire Equity Long-Short Fund
Data as of 30 September 2026 (portfolio) and 21 October 2026 (NAV). Sources: AMFI and Tata 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.