Bandhan AMC Launches First SIF: Arudha Hybrid Long-Short Fund Targets HNIs

• Bandhan AMC has filed draft documents for its first Specialized Investment Fund (SIF), the Arudha Hybrid Long-Short Fund, marking its entry into SEBI's new SIF framework.
• The fund is a hybrid long-short strategy, investing 35-65% in equities and debt each, with up to 25% short exposure via unhedged derivatives.
• It will be offered at an NFO price of Rs 10 per unit, requiring a minimum investment of Rs 10 lakh, and allows daily subscriptions and bi-weekly redemptions.
• The SIF framework, introduced by SEBI, enables advanced strategies like long-short and derivatives, catering to sophisticated and high-net-worth investors.
• Managed by Kapil Kankonkar, Brijesh Shah, Debraj Lahiri, and Nilesh Saha, the fund is benchmarked against the CRISIL Hybrid 85+15 Conservative Index.

Why It Matters: Bandhan AMC enters the SIF market with Arudha Hybrid Long-Short Fund for sophisticated investors.