Arudha Hybrid Long-Short
Hybrid Long-Short · Bandhan · Full fund page, with SEBI-format performance
Invests across equity and debt within SEBI-defined bands, using derivatives both to hedge and to take short positions. Unhedged short exposure is capped at 25% of net assets. The most common SIF flavour, usually positioned as a balanced-advantage alternative.
Key terms
| Minimum investment | ₹10 lakh across all strategies of this SIF, at PAN level (accredited investors exempt; the fund house sets their minimum). Mutual fund holdings do not count. |
|---|---|
| Structure | Interval |
| Subscriptions | Daily (business days only) |
| Redemptions | Twice a week — Monday and Wednesday (next business day's NAV if Monday/Wednesday is a non-business day); AMC may reduce the frequency |
| Notice period | None specified; ISID says any notice period will not exceed 15 working days |
| Cut-off and payout | 3.00 pm — requests after Wednesday 3.00 pm up to Monday 3.00 pm get Monday's NAV; after Monday 3.00 pm up to Wednesday 3.00 pm get Wednesday's NAV · Within 3 working days of acceptance of a valid redemption request |
| Exit load | Nil |
| Listed on an exchange | NSE and BSE |
| Expense ratio (Regular) | 0.63% base · 1.23% totalTotal adds brokerage, transaction costs and levies · AMFI · Regular plan · 5 Nov 2026 |
| Risk band (AMC-declared) | Level 1 of 5, as on 30 October 2026; reviewed monthly |
| Benchmark | CRISIL Hybrid 85+15 Conservative Index (KIM cover page; Arudha SIF factsheet as on 30 June 2026) |
| Asset allocation | Per the KIM asset-allocation table, as % of total assets: Debt & Money Market instruments 35% min / 65% max; Equities & equity related instruments 35% min / 65% max; Units issued by InvITs 0% min / 20% max. Cumulative gross exposure capped at 100% of net assets |
| Unhedged short cap | Maximum short exposure through unhedged derivative positions in equity and debt instruments: 25% of net assets. Separately, unhedged long exposure is capped at 50% of net assets, and securities lending / short selling at 20% of net assets with a 5% single-party limit |
| Plans & options | Two Plans - Regular Plan and Direct Plan - with a common portfolio and separate NAVs. Both Plans offer a Growth Option and an IDCW (Income Distribution cum capital withdrawal) Option. IDCW is offered in Daily (reinvestment), Weekly (reinvestment), Fortnightly, Monthly, Quarterly, Half yearly, Annual and Periodic frequencies, each with Payout, Reinvestment and Transfer facilities. Default option is Growth |
| Date of allotment | 28 January 2026, shown as the Inception Date in the Arudha SIF factsheet as on 30 June 2026. The NFO ran from 9 January to 22 January 2026 per the AMC's fund page |
| Fund managers | Kapil Kankonkar, Nilesh Saha, Brijesh Shah, Debraj Lahiri |
Redemption terms from our liquidity record, checked 3 November 2026; sources: AMFI portal — Investment Strategy Information Document (S-10); AMFI portal — Investment Strategy Summary Document (SSD_S-10); undated, date is PDF metadata; Bandhan AMC (Arudha SIF) — Notice-cum-Addendum No. 9 of 2026, redemption days of Arudha Hybrid Long-Short Fund changed from Monday & Thursday to Monday & Wednesday, effective 19 Mar 2026; Arudha SIF — Downloads page, notices and addenda Nos. 5–30 (checked 3 Nov 2026); Bandhan MF — Arudha SIF factsheet, September 2026. Other rows as stated on the fund page, which cites the fund house’s documents. Fund houses change terms by notice-cum-addendum; the latest offer documents govern.
Read before investing
- Arudha SIF (Bandhan Mutual Fund) - KIM, Arudha Hybrid Long-Short Fund
- Arudha SIF - ISID, Arudha Hybrid Long-Short Fund
- How a Hybrid Long-Short strategy works, from SEBI’s rules
What your distributor should explain
SEBI asks a distributor to explain, in clear language, before an investment (SEBI FAQs for distributors, C10):
- the relatively higher-risk nature of the product;
- the ₹10 lakh PAN-level threshold and what happens on an active or a passive breach;
- the strategy’s objective, asset allocation, derivatives exposure, risk band and scenario analysis;
- the subscription and redemption frequency, notice period, liquidity-management tools, fees, expenses and exit load, if any.
Investments in Specialized Investment Fund involves relatively higher risk including potential loss of capital, liquidity risk and market volatility. Please read all investment strategy related documents carefully before making the investment decision.
This note gives facts from public documents; it is not a recommendation and does not say whether the strategy suits you. It shows no performance: see the fund page for figures in SEBI’s format. Trustner Asset Services Pvt. Ltd. (CIN U66301AS2023PTC025505) is an AMFI-registered Mutual Fund & SIF Distributor, ARN-286886, offers the Regular plan and receives commission from the fund house. merasif.com