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qsif Equity Long Short Fund - Growth Option - Direct Plan vs Sapphire Equity Long-Short SIF - Direct - Growth
qsif Equity Long Short Fund and Sapphire Equity Long-Short SIF are both in the Equity Long-Short Fund category, from Quantum Asset Management Company Private Limited and Franklin Templeton Asset Management (India) Private Limited respectively. Sapphire Equity Long-Short SIF has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Sapphire Equity Long-Short SIF has the lower direct-plan expense ratio, by 1.75 percentage points.
| qsif Equity Long Short Fund - Growth Option - Direct Plan | Sapphire Equity Long-Short SIF - Direct - Growth | |
|---|---|---|
| Category | Equity Long-Short Fund | Equity Long-Short Fund |
| AMC | Quantum Asset Management Company Private Limited | Franklin Templeton Asset Management (India) Private Limited |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| NAV | ₹10.8641 (2026-10-28) | ₹950.7037 (2026-10-28) |
| AUM | - | - |
| Expense Ratio (Direct) | 3.06% | 1.31% |
| Inception | 2025-10-08 | 2026-04-09 |
Returns
This fund is less than a year old, so there is not yet enough history to calculate rolling returns.
Risk Metrics
This fund is less than three years old, so a three-year risk history does not exist yet.
Portfolio Analytics
Punji Fund Health Score
qsif Equity Long Short Fund and Sapphire Equity Long-Short SIF carry the same Punji Quality grade.
Frequently asked questions
Which has a lower expense ratio, qsif Equity Long Short Fund or Sapphire Equity Long-Short SIF?
Sapphire Equity Long-Short SIF's direct-plan expense ratio is 1.75 percentage points lower than qsif Equity Long Short Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't qsif Equity Long Short Fund and Sapphire Equity Long-Short SIF show risk metrics like Sharpe ratio or alpha?
This fund is less than three years old, so a three-year risk history does not exist yet. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which fund has a longer track record, qsif Equity Long Short Fund or Sapphire Equity Long-Short SIF?
qsif Equity Long Short Fund launched on 2025-10-08, making it older than Sapphire Equity Long-Short SIF (launched 2026-04-09). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.