Bandhan Asset Management Company today opened the New Fund Offer for the Arudha Hybrid Long-Short Fund, its debut product under the Arudha SIF platform. The NFO will run until 22 January 2026, marking Bandhan's first live product in India's Specialised Investment Fund category and coming roughly three weeks after the AMC first confirmed its entry into the space.
Fund structure at a glance
Element | Detail |
|---|---|
Fund name | Arudha Hybrid Long-Short Fund |
Structure | Interval fund |
NFO window | 9 January – 22 January 2026 |
Minimum investment | ₹10 lakh (₹1 lakh for accredited investors) |
Listing | Units listed on NSE and BSE after allotment |
Target investors | HNIs, institutional investors, family offices |
The fund combines equity and debt exposures through a structured hybrid long-short approach, designed to deliver risk-adjusted returns while maintaining a strong focus on tax efficiency — a consideration the AMC says is particularly relevant for HNI and institutional investors seeking to maximise after-tax outcomes. As an interval fund, subscriptions and redemptions will be permitted only at predefined windows, a structure intended to balance investor liquidity needs with more efficient portfolio execution by the fund managers.
One distinguishing feature of the Arudha Hybrid Long-Short Fund is that its units will be listed on both the NSE and BSE following allotment — giving investors a secondary-market avenue for liquidity between the fund's formal redemption windows, an option not available across all SIFs launched to date.
Part of a broader industry shift Bandhan's launch arrives as several other large fund houses — including ICICI Prudential and 360 ONE Mutual Fund — were reported to be preparing their own SIF strategies around the same period, reflecting how quickly asset managers have moved to build out SIF platforms since the category's introduction in April 2025. Distributors say the growing number of hybrid long-short products entering the market has begun to create real choice for HNIs comparing strategies across arbitrage-heavy, equity-tilted and more balanced hybrid constructions.
Bandhan has positioned the Arudha Hybrid Long-Short Fund as best suited to investors seeking diversified exposure across both debt and equity through advanced investment techniques, while cautioning — as required for all SIFs — that the product carries a materially different, and generally higher, risk profile than a conventional hybrid mutual fund, and that returns are not assured.