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SIF Insight

Jio BlackRock Mutual Fund

Prism Hybrid Long-Short Fund

Filed with AMFI as “Prism Hybrid Long-Short Fund - Regular Plan- Growth Option”. A hybrid SIF following SEBI’s Hybrid Long-Short strategy, run by Jio BlackRock Mutual Fund under its Prism SIF brand.

  • AMFI code SIF-138
  • ISIN INF22M030019
  • Allotted 17 Jul 2026

Prism SIF

Jio BlackRock Mutual Fund

Latest NAV

₹10.2895

+0.03%1D, vs ₹10.2864 on 12 Nov 2026

NAV as of

Source: AMFI(opens in a new tab)

Risk band
Band 1
Expense ratio
2.93%Total TER, Regular plan, as of 12 Nov 2026. Base expense ratio capped at 1.85%. Costs below
Minimum investment
₹10,00,000
Exit load
Nil
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Performance

How the NAV has moved.

Trailing returns are measured from the last NAV published on or before each period's start. Periods of a year or more are annualised (CAGR); shorter periods are absolute.
Trailing returns for Prism Hybrid Long-Short Fund, all periods
PeriodReturnBasis
1 day+0.03%AbsoluteFrom 12 Nov 2026 to 13 Nov 2026
1 week+0.21%AbsoluteFrom 6 Nov 2026 to 13 Nov 2026
1 month+0.79%AbsoluteFrom 13 Oct 2026 to 13 Nov 2026
3 months+1.47%AbsoluteFrom 13 Aug 2026 to 13 Nov 2026
6 monthsN/A — Insufficient historyHistory from 13 May 2026 needed
1 yearN/A — Insufficient historyHistory from 13 Nov 2025 needed
2 yearsN/A — Insufficient historyHistory from 13 Nov 2024 needed
Since inception+2.90%AbsoluteFrom ₹10 face value, 17 Jul 2026 to 13 Nov 2026

NAV history

This scheme only, on its own axis. Every point is a NAV AMFI published on that date.

NAV history period
High
₹10.2895
13 Nov 2026
Low
₹10.0090
24 Jul 2026
First held
₹10.0127
23 Jul 2026
Latest
₹10.2895
13 Nov 2026
78 published net asset values, plotted on a time axis between 23 Jul 2026 and 13 Nov 2026. Each point is a NAV as filed with AMFI; the line joins them and does not assert a value on the days between. Past values are not a guide to future value.

Monthly returns

How months are measured

Completed calendar months only, month-end NAV to month-end NAV.

  • Aug 2026+1.31%
  • Sept 2026+0.44%
  • Oct 2026−0.17%

Past performance may or may not be sustained in the future. Returns shown are historical, for the selected period, and are not an indication or guarantee of future returns or a recommendation.

Source: AMFI(opens in a new tab)

Data as of

Risk

Risk band, volatilityand drawdown.

The risk band is the scheme document's own classification. Volatility and drawdown are calculated by us from AMFI's published NAVs, once enough history is held.
Risk band
Band 1
What the risk band means
Volatility (annualised)
N/A — Insufficient history
How this is calculated
Maximum drawdown
N/A — Insufficient history
How this is calculated

Risk bands are indicative and may vary with market conditions and portfolio composition.

Costs

What the schemecharges.

The ratio a scheme charges and the maximum its document permits are different numbers, so they are shown separately.
Total TER charged (Regular plan)
2.93%
As of 12 Nov 2026

Source: AMFI · TER disclosure(opens in a new tab)

Base expense ratio charged (Regular plan)
1.38%
As of 12 Nov 2026. Total TER = base expense ratio + brokerage and transaction costs + statutory levies.
Maximum permitted base expense ratio
1.85%
The ceiling stated in the scheme document.

Source: Investment Strategy Information Document, 15 May 2026(opens in a new tab) — p.31 row 'Maximum Base expenses ratio (BER) permissible under Regulation 66': Up to 1.85%; table of limits on the same page

Exit load
Nil
Read as: no exit load.How this is calculated

Liquidity & terms

When you can get in,and out.

Printed in the scheme document's own words. The screener groups these into standard buckets; this page keeps the exact wording.
Redemption
Two times a week (Monday and Wednesday); next business day's NAV applies if either day is a non-business day
Screener bucket: Twice weeklyDealing days: Mon, Wed

Source: Jio BlackRock Asset Management Pvt. Ltd. (Prism SIF, offered by Jio BlackRock Mutual Fund) · ISID(opens in a new tab) — p.7 Part I 'IX. Redemption frequency': 'Two Times in a week (Monday & Wednesday) or any lesser redemption frequency as may be decided by the AMC.'

Subscription
Investors can subscribe to the Investment Strategy on a daily basis at the applicable NAV.
Screener bucket: Daily

Source: Jio BlackRock Asset Management Pvt. Ltd. (Prism SIF, offered by Jio BlackRock Mutual Fund) · ISID(opens in a new tab) — p.7 Part I 'VIII. Subscription frequency': 'Investors can subscribe to the Investment Strategy on a daily basis at the applicable NAV.'

Settlement
T+3
Minimum investment
₹10,00,000
Minimum additional investment
₹10,000

Source: Jio BlackRock Asset Management Pvt. Ltd. (Prism SIF, offered by Jio BlackRock Mutual Fund) · ISID(opens in a new tab) — p.10 Part I 'XV': 'Minimum Additional Purchase Amount Rs.10,000 and any amount thereafter.'

Plans and options
Growth

Source: Jio BlackRock Asset Management Pvt. Ltd. (Prism SIF, offered by Jio BlackRock Mutual Fund) · ISID(opens in a new tab) — p.8 Part I 'XII. Plans and Options': 'Each Plan will offer only Growth Option and that will be default Option.'

Taxation
ISID classifies the strategy as a "Hybrid Investment strategy" and gives the capital-gains table for a "Hybrid Investment Strategy (< 65% is invested in listed domestic equities and debt instruments)". Long-term capital gains (listed units held more than 12 months; unlisted, more than 24 months): 12.50% plus applicable surcharge and 4% cess, without indexation benefit (for non-residents also without foreign exchange fluctuation benefit). Short-term capital gains (listed units held not more than 12 months; unlisted, not more than 24 months): at the unit holder's income-tax slab rates for resident individuals/HUF and for non-residents other than foreign companies; 30% for domestic companies (25%, 22% or 15% where the conditions in the ISID's notes are met), 35% for foreign companies and 30% for FIIs, each plus surcharge and 4% cess. Dividend income: withholding tax of 10% on income above Rs 10,000 for residents and 20% plus applicable surcharge and 4% cess for non-residents (or the lower tax-treaty rate). Nil for the Mutual Fund, whose income is exempt. Capital-gains tax is deducted at redemption for non-resident investors only. The ISID says the units are proposed to be listed on NSE and/or another stock exchange. Full details deferred to the SAI.
Dividend (IDCW)
Not applicable — each Plan offers only the Growth Option, which is also the default Option. The Investment Strategy has a Regular Plan and a Direct Plan sharing a common portfolio; no IDCW option is offered.

Taxation is summarised from the scheme document and may change; consult a tax adviser for your own position.

Fund & management

Who runs it,and how large it is.

Fund managers
  • Arun Ramachandran — CIO and Fund Manager, since 17 Jul 2026
  • Tanvi Kacheria — Fund Manager, since 17 Jul 2026
  • Siddharth Deb — Fund Manager, since 17 Jul 2026
  • Virendra Kumar — Fund Manager, since 17 Jul 2026
  • Manish Kalani — Fund Manager, since 28 Jul 2026

Source: Jio BlackRock Asset Management Pvt. Ltd. (Prism SIF, offered by Jio BlackRock Mutual Fund) · Addendum(opens in a new tab) — p.2 Change in Fund Management Responsibilities (with effect from July 28, 2026): 'Mr. Arun Ramachandran Ms. Tanvi Kacheria Mr. Siddharth Deb Mr. Virendra Kumar Mr. Manish Kalani'

Inception
17 Jul 2026
Date of allotment, from the scheme document.

Source: Jio BlackRock Asset Management Pvt. Ltd. (Prism SIF, offered by Jio BlackRock Mutual Fund) · Factsheet(opens in a new tab) — p.4 INVESTMENT STRATEGY: 'Allotment Date 17th July 2026'

Scheme AUM
₹478.16 Cr
Month-end, as of 30 Sept 2026

Source: Jio BlackRock Asset Management Private Limited (Prism SIF, offered by Jio BlackRock Mutual Fund) · Factsheet(opens in a new tab)

Average AUM
₹227.04 Cr
Average over Jul – Sept 2026, all plans of the fund together, from the figures AMFI publishes. Not the month-end figure above. This fund was allotted on 17 Jul 2026, so it was open for only part of that quarter and the average understates its size.

Source: AMFI · AMFI data(opens in a new tab) — AMFI 'Average AUM' (scheme-wise), July - September 2026: Prism SIF / Hybrid Investment Strategies - Hybrid Long-Short Fund - 2 share class(es) (SIF-138, SIF-139), total 22704.02 Rs. lakh

Prism SIF total SIF AUM
₹302.73 Cr
All 1 of the house's schemes, month-end Aug 2026.
Investment objective
The Investment Strategy aims to achieve long term capital appreciation along with income generation by investing across a diversified mix of equity and equity related instruments, debt and money market instruments, derivative based strategies.

Source: Jio BlackRock Asset Management Pvt. Ltd. (Prism SIF, offered by Jio BlackRock Mutual Fund) · ISID(opens in a new tab) — p.6 Part I 'V. Investment objective': 'aims to achieve long term capital appreciation along with income generation by investing across a diversified mix of equity and equity related instruments'

Benchmark
Nifty 50 Hybrid Composite Debt 50:50 Index
As the document states it: Tier I Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index (Tier II: Not Applicable)
Asset allocation
Indicative asset allocation, per the scheme document
InstrumentMinimumMaximum
Equity and Equity-related instruments35%75%
Debt and Money Market Instruments25%65%
Short exposure through unhedged derivative positions in equity and debt instruments0%25%
Units of InvITs0%20%

Source: Jio BlackRock Asset Management Pvt. Ltd. (Prism SIF, offered by Jio BlackRock Mutual Fund) · ISID(opens in a new tab) — p.16 Part II.A table (% of total assets): 'Equity and Equity-related instruments 35 75 Debt and Money Market Instruments 25 65'

Managed by Jio BlackRock Mutual Fund. All Prism SIF schemes

Documents & disclosures

Read the scheme’sown documents.

Please read all scheme-related documents carefully before investing. Links open the publisher's own copy.

Provenance

NAV source
AMFI — https://portal.amfiindia.com/spages/SIF_NAVAll.txt
AMFI scheme code
SIF-138
ISIN
INF22M030019
NAVs held
78, 23 Jul 2026 to 13 Nov 2026
Disclosures
Read from the scheme's information document (ISID/KIM, independently re-read; fields completed from the AMFI-hosted ISID portal.amfiindia.com/spages/S-27.pdf). Confirmed by a second reader.

Source: Jio BlackRock Asset Management Pvt. Ltd. (Prism SIF, offered by Jio BlackRock Mutual Fund) · ISID(opens in a new tab)

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