Specialised Investment Fund
Bandhan Mutual Fund
Arudha Hybrid Long-Short Fund
Benchmark CRISIL Hybrid 85+15 – Conservative Index (TRI)
Arudha Hybrid Long-Short Fund (Bandhan Mutual Fund) is a Hybrid Long-Short SIF with AUM of ₹158 Cr. As of 23 Oct 2026, its NAV is ₹10.40, with returns of +0.0% (1M), +0.8% (3M) and +3.7% since inception. Risk band Level 1 (Lowest).
Latest NAV
▲ 0.1%+0.01 since previous close
High · 3M
₹10.40
Low · 3M
₹10.33
AUM
₹157.8 Cr
Inception
Jan 22, 2026
Expense Ratio
0.63%
Overview
About the Fund
Investment Objective
Optimal returns by investing in equity and debt securities including limited short exposure through derivatives
Performance
Performance & Return Drivers
NAV History · 3M
+0.67%3M · NAV return
View as table
| Date | NAV (₹) |
|---|---|
| 23 Oct 2026 | 10.4000 |
| 22 Oct 2026 | 10.3900 |
| 21 Oct 2026 | 10.4020 |
| 19 Oct 2026 | 10.3970 |
| 16 Oct 2026 | 10.3940 |
| 15 Oct 2026 | 10.3880 |
| 14 Oct 2026 | 10.3870 |
| 13 Oct 2026 | 10.3890 |
| 12 Oct 2026 | 10.3980 |
| 09 Oct 2026 | 10.3950 |
| 08 Oct 2026 | 10.3930 |
| 07 Oct 2026 | 10.3960 |
| 06 Oct 2026 | 10.3980 |
| 05 Oct 2026 | 10.3940 |
| 01 Oct 2026 | 10.3820 |
| 30 Sep 2026 | 10.3850 |
| 29 Sep 2026 | 10.3690 |
| 28 Sep 2026 | 10.3790 |
| 25 Sep 2026 | 10.3810 |
| 24 Sep 2026 | 10.3830 |
| 23 Sep 2026 | 10.3970 |
| 22 Sep 2026 | 10.3880 |
| 21 Sep 2026 | 10.3830 |
| 18 Sep 2026 | 10.3920 |
| 17 Sep 2026 | 10.3760 |
| 16 Sep 2026 | 10.3750 |
| 15 Sep 2026 | 10.3700 |
| 11 Sep 2026 | 10.3730 |
| 10 Sep 2026 | 10.3940 |
| 09 Sep 2026 | 10.3840 |
| 08 Sep 2026 | 10.3850 |
| 07 Sep 2026 | 10.3840 |
| 04 Sep 2026 | 10.3690 |
| 03 Sep 2026 | 10.3770 |
| 02 Sep 2026 | 10.3640 |
| 01 Sep 2026 | 10.3730 |
| 31 Aug 2026 | 10.3540 |
| 28 Aug 2026 | 10.3570 |
| 27 Aug 2026 | 10.3570 |
| 25 Aug 2026 | 10.3600 |
| 24 Aug 2026 | 10.3610 |
| 21 Aug 2026 | 10.3560 |
| 20 Aug 2026 | 10.3510 |
| 19 Aug 2026 | 10.3670 |
| 18 Aug 2026 | 10.3600 |
| 17 Aug 2026 | 10.3570 |
| 14 Aug 2026 | 10.3720 |
| 13 Aug 2026 | 10.3710 |
| 12 Aug 2026 | 10.3700 |
| 11 Aug 2026 | 10.3670 |
| 10 Aug 2026 | 10.3680 |
| 07 Aug 2026 | 10.3610 |
| 06 Aug 2026 | 10.3550 |
| 05 Aug 2026 | 10.3570 |
| 04 Aug 2026 | 10.3620 |
| 03 Aug 2026 | 10.3670 |
| 31 Jul 2026 | 10.3370 |
| 30 Jul 2026 | 10.3320 |
| 29 Jul 2026 | 10.3300 |
| 28 Jul 2026 | 10.3320 |
Fund Return · 3M
+0.67%
3M · NAV return
Alpha over Benchmark
—
vs CRISIL Hybrid 85+15 – Conservative Index
Volatility Σ
+1.36%
annualised std dev
Max Drawdown
-0.27%
peak-to-trough · 3M
Risk
Risk Profile, Exposure Limits & Fund Managers
Who Manages This Fund
Fund Manager
Kapil Kankonkar
Lead FMFull professional biography not yet published in the fund’s factsheet disclosures.
Fund Manager
Debraj Lahiri
Fixed IncomeFull professional biography not yet published in the fund’s factsheet disclosures.
Fund Manager
Nilesh Saha
Equity ResearchFull professional biography not yet published in the fund’s factsheet disclosures.
Fees & Plan
Fees, Minimums & Redemption
Minimum Investment
₹10,00,000
SEBI-mandated SIF threshold
Expense Ratio
0.63%
Excl. brokerage, transaction cost & statutory levies
Exit Load
0.30% flat
Redemption
Twice a week (Mon & Thu)
Why a ₹10 lakh minimum?
SEBI set this threshold for investors who understand complex strategies. It applies across all SIF strategies at one fund house, not per fund.
Can I redeem anytime?
Equity long-short SIFs offer daily redemption. Hybrid long-short SIFs are interval funds — redemption is only on specific windows, as set out above.
How is a SIF taxed?
Like mutual funds, a SIF is taxed only when you redeem — there is no annual capital-gains event as with PMS or AIF structures.
Documents
Factsheets & Disclosures
No factsheets published for this strategy yet.
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