Altiva’s AUM surged to ₹10,785 crore, up 59% YoY, accounting for roughly 70% of the ₹31,175‑crore SIF universe.
SIFs as a category exploded 528% in the first eight months of 2026, with August alone registering a 34.51% jump from July’s ₹23,177 crore.
Net inflows reached ₹7,699.38 crore against gross inflows of ₹8,069.51 crore, with hybrid strategies drawing 60% of the net sum, per the SIF360 report.
The rapid folio expansion—5.2‑times since January—outpaced AUM growth, which rose 4.7‑times, according to Nimesh Mehta, Chief Business Officer at Nuvama Asset Management.
Platform dominance remains high: Altiva leads with ₹10,785 crore, followed by Edelweiss Mutual Fund’s ₹5,430 crore, and SBI Mutual Fund’s ₹5,119 crore, together holding about 70% of the total AUM.
Performance variance is stark; the top six‑month SIFs delivered 23.40% (SIF Equity Ex‑Top 100) and 13.49% (SIF Active Allocator), while the average equity long‑short return in August was 0.78% versus NSE 500’s –1.48%.
Looking ahead, Altiva plans to introduce a new hybrid long‑short product in Q4, with the firm targeting a 15% annualized return and a revised fee structure to attract mid‑tier investors.