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Sapphire Equity Long-Short Fund
Franklin Templeton Asset Management (India) Pvt Ltd
equity_long_short
🔴Very High
✓ Active
✓ AI Summary
- •Utilizes quant-driven alternative engine that dynamically alters asset limits to maintain gross long equity book between 75% and 100%, blending core portfolio with up to 25% tactical unhedged derivative short contracts.
- •Open-ended equity strategy under Franklin Templeton Mutual Fund's Sapphire SIF Platform, evaluating tactical outperformance against the NIFTY 500 Total Return Index (TRI).
AI-generated summary of this strategy's ISID. It may contain errors; check the ISID before investing.
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Risk Profile
SEBI Risk Band
Low
Mod-Low
Moderate
High
Very High
Band 5
Derivatives use≤25.00%
LiquidityAll business days (2-3 working day settlement)
Suitable for investors with
₹0Cr+ surplus3+ year horizon
NAV (Today)
₹964.19
↑ 0.96%
13 Oct
Since Inception
↓ 3.58%
Apr 2026
Period Returns
1 Month-3.02%
3 Months-4.70%
YTD-3.58%
Fund House
Franklin Templeton Asset Management (India) Pvt Ltd
Category
Equity long-short
Benchmark
NIFTY 500 TRI
Plan Shown
Direct Growth
Core Idea
Equity Long Short
Investment approach
Expense Ratio
2.25%
Regular plan TER
Risk Label
Very High
Band 5
ISIN (Payout)
INF090I30048
Minimum Investment
₹10,00,000
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ISID key facts
Full name
Sapphire Equity Long-Short Fund
AMC
Franklin Templeton Asset Management (India) Pvt Ltd
Fund category
SIF — equity
Benchmark
NIFTY 500 TRI
Scheme opens
29 Apr 2026
Min investment
₹ 10,00,000
Exit load
1.000% if redeemed within 365 days
Assets Under Management
₹ 216 Cr
Equity allocation
65–100% in listed equities
Tax: Depends on the strategy's asset mix. Equity-oriented strategies (at least 65% in listed Indian equity): gains taxed at 20% if units are held up to 12 months, 12.5% if held longer. Strategies with more than 65% in debt: gains taxed at your income-tax slab rate, whatever the holding period. Other mixes follow different rules. See this strategy's ISID and consult a tax adviser.
Fund Managers
Mr. Arihant Jain
Portfolio Manager / Senior Investment Analyst
8+years of experience
Background
- •B.E.
- •(Hons), BITS Pilani; CFA Charterholder (CFA Institute).
- •Based in Mumbai; oversees live portfolios and quant model outputs, partners with traders on execution, contributes to portfolio construction (quant, ESG, alternative factors).
- •Prior roles: Senior Investment Analyst, Franklin Templeton Services (India) (2022–Jul 2025); Senior Associate, MSCI (2020–2022, quant research on indexes, co-authored two papers); Analyst, Morgan Stanley (2018–2020, market-neutral equity strategies); Quant Research Analyst, Quant One (2017–2018, momentum-based strategies).