Specialised Investment Funds (SIFs) are a SEBI-regulated category of mutual funds. They offer fund managers greater flexibility than traditional mutual funds, including the ability to run more concentrated and strategy-driven portfolios across equity, debt, or hybrid strategies. Know more
Purchase rules
Investment amount should be ₹10 lakh per investor across all SIF schemes of an AMC
Redemption rules
Redemption terms depend on the specific SIF strategy and may include restricted redemption for certain intervals
Minimum investments
Min. for 1st investment
₹10,00,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹1,000
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Name
1M
3M
6M
All
Fund returns
+0.6%
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+0.6%
Category average (Hybrid Active Asset Allocator Long-Short)
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Rank (Hybrid Active Asset Allocator Long-Short)
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Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company's fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Exit load, stamp duty and tax
Exit load
Exit load of 1%, if redeemed within 1 month.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
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Fund management
Education
Mr. Jain is a Commerce Graduate and an MBA.
Experience
Prior to joining TATA Mutual Fund, he has worked with Invesco Mutual Fund, IDFC Securities Ltd. as Head Derivatives, Quant Broking Pvt Ltd. as Vice President and IIFL(India Infoline) as Vice President.
Prior to joining Tata Mutual Fund, he has worked with HDFC Securities Ltd, LKP Securities Ltd, Kotak Commodity Services Pvt. Ltd and Edelweiss Comtrade Ltd.
About Titanium Active Asset Allocator Long Short Fund Direct Growth
Titanium Active Asset Allocator Long Short Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Sailesh Jain is the Current Fund Manager of Titanium Active Asset Allocator Long Short Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,24,588 Cr and the Latest NAV as of 30 Oct 2026 is ₹10.06.
The Titanium Active Asset Allocator Long Short Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹10,00,000. Exit load of 1%, if redeemed within 1 month.
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Investment Objective
To generate medium to long term capital appreciation by investing across equity, debt, equity and debt derivatives, InVITs and commodity derivatives, including limited short exposure on permitted instruments through derivatives.