Titanium Hybrid Long-Short Fund: NAV, returns, unhedged exposure and holdings
Titanium Hybrid Long-Short Fund is a hybrid long-short Specialised Investment Fund from Tata Mutual Fund. Its NAV was Rs 9.8116 on 21 October 2026, -1.89% since it launched on 17 December 2025. Unhedged derivatives: 13.90% of net assets across 16 positions. 10.34% is long (betting on a rise), 3.56% is short (betting on a fall).
Key facts
| Fund house | Tata Mutual Fund |
|---|---|
| Brand | Titanium SIF |
| Strategy | Hybrid long-short |
| Plan shown | Regular, Growth |
| Launched | 17 December 2025 |
| NAV on 21 Oct 2026 | Rs 9.8116 |
| Fund size (30 Sep 2026) | Rs 540.57 crore |
| Risk band (fund house) | 5 of 5 |
| Holdings | 79 |
| Minimum investment | Rs 10 lakh per investor per fund house (SIF rule) |
Returns
| 1 month | -2.51% |
|---|---|
| 3 months | -2.84% |
| 6 months | -1.36% |
| Since launch (308 days) | -1.89% |
Returns are absolute and measured on the Regular plan growth NAV from AMFI up to 21 October 2026. The fund is 308 days old, so annualising would mislead.
How the money is invested
| Fixed income | 44.00% |
|---|---|
| Equity (unhedged) | 41.12% |
| Arbitrage (hedged equity) | 11.89% |
| REITs and InvITs | 3.05% |
Unhedged derivatives
Unhedged derivatives: 13.90% of net assets across 16 positions. 10.34% is long (betting on a rise), 3.56% 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 |
|---|---|---|
| Nifty midcap select index (futures) | -1.23% | |
| AXIS BANK LTD. (futures) | Banks | +1.14% |
| HDFC BANK LTD. (futures) | Banks | +1.12% |
| BPCL (futures) | Petroleum Products | +1.11% |
| ULTRATECH CEMENT LTD. (futures) | Cement & Cement Products | +1.01% |
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 |
|---|---|---|
| ICICI BANK LTD. | Banks | 4.40% |
| HDFC BANK LTD. | Banks | 4.33% |
| MAHINDRA & MAHINDRA LTD. | Automobiles | 3.00% |
| BHARTI AIRTEL LTD. | Telecom – Services | 2.93% |
| RELIANCE INDUSTRIES LTD. | Petroleum Products | 2.63% |
| LARSEN & TOUBRO LTD. | Construction | 2.50% |
| LIFE INSURANCE CORPORATION OF INDIA | Insurance | 2.12% |
| NTPC Ltd. | Power | 1.97% |
| STATE BANK OF INDIA | Banks | 1.95% |
| TEMPSENS INSTRUMENTS INDIA LIMITED | Industrial Manufacturing | 1.95% |
Top debt holdings
| Security | Rating | % of net assets |
|---|---|---|
| 08.85 % MUTHOOT FINANCE LTD. – 20/12/2028 | CRISIL-AA+ | 9.24% |
| TREASURY BILL 364 DAYS (08/10/2026) | SOVRN-SOV | 4.62% |
| TREASURY BILL 364 DAYS (23/10/2026) | SOVRN-SOV | 4.61% |
| 07.51 % SMALL INDUST DEVLOP BANK OF INDIA – 12/06/2028 | CRISIL-AAA | 4.60% |
| TREASURY BILL 182 DAYS (05/11/2026) | SOVRN-SOV | 4.60% |
Sector mix
Banks 12.0%, Automobiles 4.1%, Telecom – Services 3.9%, Insurance 3.6%, Petroleum Products 3.5%, Other sectors 25.8%.
Frequently asked questions
What is Titanium Hybrid Long-Short Fund?
Titanium Hybrid Long-Short Fund is a Specialised Investment Fund (SIF) from Tata 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 17 December 2025.
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 Hybrid Long-Short Fund performed?
On 21 October 2026 the NAV was Rs 9.8116, a change of -1.89% since launch 308 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: 13.90% of net assets across 16 positions. 10.34% is long (betting on a rise), 3.56% 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 hybrid long-short funds
- qsif Hybrid Long-Short Fund
- Altiva Hybrid Long-Short Fund
- Magnum Hybrid Long-Short Fund
- Arudha Hybrid Long-Short Fund
- iSIF Hybrid 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.