This AI-generated report analyzes the complete portfolio evolution of Edelweiss Altiva Hybrid Long-Short Fund over three months (October - December 2025). We examine all asset classes including equities, debt instruments, stock options, and futures positions to understand the fund manager's strategy.
📊 Portfolio Highlights (December 2025)
Complete Asset Allocation Trend (Oct → Dec 2025)
🎯 Net Equity Exposure Calculation
Net exposure increased from 20.30% to 24.64% (+4.34%) as short futures positions were reduced
Top 10 Equity Holdings (December 2025)
Portfolio as on 31st December 2025 | Total Equity: 36.81% (55 stocks)
Core Debt Holdings (NCDs)
AAA Rated (Sovereign Quality)
AA Rated (High Quality)
Derivatives (Hedging Positions)
📊 Stock Options
Options increased from 37 to 45 (+8 contracts)
📉 Stock Futures (Short Positions)
Reduced short exposure by 6.12% (less bearish)
Current Short Futures (December 2025)
Note: Exited shorts on Infosys, Coforge, JSW Energy, Vodafone Idea, Adani Ports from October
AI-Powered Strategic Insights
1. Increased Net Long Exposure
Net equity exposure rose from 20.30% to 24.64% (+4.34%) as short futures were reduced from 9 to 6 contracts. The fund is becoming more bullish while maintaining hedges.
2. Portfolio Diversification
Equity holdings expanded from 42 to 55 stocks (+13). New additions include Adani Green (2.80%), Glenmark Pharma (1.74%), Vedanta (1.60%), reducing concentration risk.
3. Debt Rebalancing
Core debt reduced from 41.97% to 37.63% (-4.34%). Major exits from JTPM Metal (-4.87%) and REC (-4.34%) while increasing NABARD (+1.39%) for safer exposure.
4. Strategic Hedge Rotation
Exited shorts on Infosys, Coforge, Vodafone Idea. Maintained shorts on Adani Green (-2.82%) and Bharti Airtel (-2.67%) - hedging against top long positions.
5. Adani Group Pair Trade
Long Adani Green (2.80%) + Short Adani Green futures (-2.82%) creates a near-neutral position. Similar with Bharti Airtel (2.18% long vs -2.67% short). Classic long-short strategy.
6. October = November Anomaly
October and November portfolios are identical, suggesting no rebalancing during that period. December saw significant changes - likely year-end repositioning.
📂 View Full Portfolio Details
Access complete holdings, derivatives, and debt instruments for each month
⚠️ Disclaimer
This is an AI-generated analysis based on publicly available portfolio data. Past performance and portfolio changes do not guarantee future results. This is not investment advice. Please consult a qualified financial advisor before making investment decisions.
