Debt anchor
Up to 65% in short to medium term debt and money market instruments. The stated target duration range is 1 to 4 years.
Arudha SIF · Bandhan Mutual Fund
Arudha Hybrid Long-Short Fund
An interval strategy investing predominantly in equity and debt securities, with limited short exposure through derivatives. It aims to generate optimal returns while using hedged equity and short to medium term debt.
Investment outcomes are not guaranteed. Fund information below is from the June 2026 one-pager.
Fund at a glance
- Investment strategy
- Interval hybrid long-short
- Debt allocation
- Up to 65%
- Equity allocation
- Minimum 35%, fully hedged
- Benchmark
- CRISIL Hybrid 85+15 Conservative Index
- Exit load
- Nil
- Risk band
- Level 1 (as shown in the June 2026 one-pager)
Investment approach
How the strategy is designed to work
Hedged equity
At least 35% in equity allocation, using a market-neutral approach that seeks arbitrage opportunities and avoids directional equity calls.
Multiple return drivers
The strategy combines debt yields and arbitrage spreads. The one-pager describes these as potential sources of relatively stable, low-correlation returns.
The portfolio construction described in the one-pager is tentative and can change with market conditions and the fund managers' views. Check the current Investment Strategy Information Document (ISID) for binding allocation details.
Portfolio snapshot
Allocation as of 30 June 2026
| Instrument type | % of NAV |
|---|---|
| Equity and equity-related instruments | 36.57% |
| Debt instruments | 63.43% |
| AAA / sovereign | 58.88% |
| AA | 4.55% |
| Cash and cash equivalents | 5.13% |
AAA / sovereign and AA are breakdowns within debt; cash and equivalents may overlap with instrument categories. These rows should not be added together.
Debt portion metrics
- Average maturity
- 3.81 years
- Modified duration
- 2.71 years
- Yield to maturity
- 7.02%
Snapshot figures can change. Yield to maturity is not a promised investor return.
Fund details
Investment terms and management
Minimum investment
₹10 lakh in aggregate across Arudha SIF strategies at PAN level. Further investment in multiples of ₹1.
Accredited investors
Initial investment of ₹1 lakh, with further investment in multiples of ₹1, as stated in the one-pager.
Subscriptions
Daily on business days.
Redemptions
Twice weekly, on Monday and Wednesday. If either is not a business day, the next business day's NAV applies.
Equity fund managers
Kapil Kankonkar and Nilesh Saha.
Debt fund managers
Brijesh Shah and Debraj Lahiri.
Before you invest
Risk, tax and source information
Suitability and risk
The fund is labelled for investors seeking short to medium term optimal returns from an interval equity and debt strategy. Its one-pager shows Risk Band Level 1 and benchmark Risk Band Level 3. SIF investments still involve potential loss of capital, liquidity risk and market volatility. Review the current risk band and ISID before investing.
Tax treatment
The June 2026 one-pager states long-term capital gains tax of 12.5% for holdings over 12 months and slab-rate taxation for holdings of 12 months or less for this strategy. Tax rules and individual circumstances can change; consult a tax adviser for the treatment applicable to you.
Source: Arudha SIF (Bandhan Mutual Fund), Arudha Hybrid Long-Short Fund one-pager, June 2026. The document's return comparison uses simulated, back-tested data for illustration only. It is not actual fund performance, return guidance, a capital guarantee or investment advice.
FAQ
What is Arudha Hybrid Long-Short Fund?
It is an interval investment strategy of Arudha SIF (Bandhan Mutual Fund) that invests predominantly in equity and debt securities, including limited short exposure through derivatives.
How does the fund allocate between debt and equity?
The June 2026 one-pager describes a tentative allocation of up to 65% to short to medium term debt and money market instruments and at least 35% to fully hedged equity or arbitrage opportunities. Actual positioning can change.
What is the minimum investment?
The one-pager states a minimum aggregate investment of ₹10 lakh across Arudha SIF strategies at PAN level, with further investment in multiples of ₹1. It states an initial amount of ₹1 lakh for accredited investors.
When can investors subscribe or redeem?
Subscriptions are accepted daily on business days. Redemptions are scheduled twice a week, on Monday and Wednesday. If either day is not a business day, the next business day's NAV is used for processing.
What risks should an investor consider?
The one-pager notes potential loss of capital, liquidity risk and market volatility. Its risk band was Level 1 as shown in June 2026; investors should verify the current risk band and review the ISID before investing.