Arudha

Specialised Investment Fund

Bandhan Mutual Fund

Arudha Equity Long-Short Fund

Regular PlanEquityRisk band Level 5 (Highest)

Benchmark NIFTY 500 Total Return Index (TRI)

Arudha Equity Long-Short Fund (Bandhan Mutual Fund) is an Equity Long-Short SIF with AUM of ₹133 Cr. As of 23 Oct 2026, its NAV is ₹9.92, with returns of -3.8% (1M), -4.0% (3M) and +1.0% since inception. Risk band Level 5 (Highest).

Invest NowFund Website ↗

Latest NAV

▼ 0.9%
₹9.92

-0.09 since previous close

High · 3M

₹10.58

Low · 3M

₹9.92

AUM

₹133.38 Cr

Inception

Feb 2026

Expense Ratio

2.1%

OverviewPerformanceRiskFeesFund ManagerDocuments
01

Overview

About the Fund

“

Investment Objective

Long-term capital appreciation via dynamic long-short equity strategy with selective short exposure

Benchmarked againstNIFTY 500 Total Return Index (TRI)
AMCBandhan Mutual Fund
StrategyEquity
InceptionFeb 2026
RedemptionDaily
02

Performance

Performance & Return Drivers

NAV History · 3M

-4.97%3M · NAV return

View as table
Recent NAV history for Arudha Equity Long-Short Fund-Regular Plan-Growth
DateNAV (₹)
23 Oct 20269.9230
22 Oct 202610.0130
21 Oct 202610.0650
19 Oct 202610.0630
16 Oct 202610.1340
15 Oct 202610.1090
14 Oct 202610.0620
13 Oct 202610.0670
12 Oct 202610.0040
09 Oct 20269.9860
08 Oct 20269.9350
07 Oct 202610.0710
06 Oct 202610.0890
05 Oct 202610.0450
01 Oct 202610.0370
30 Sep 202610.0890
29 Sep 202610.0620
28 Sep 202610.1070
25 Sep 202610.2280
24 Sep 202610.2160
23 Sep 202610.3150
22 Sep 202610.2870
21 Sep 202610.3270
18 Sep 202610.3310
17 Sep 202610.2740
16 Sep 202610.2470
15 Sep 202610.2320
11 Sep 202610.3490
10 Sep 202610.3730
09 Sep 202610.3650
08 Sep 202610.4180
07 Sep 202610.4190
04 Sep 202610.4480
03 Sep 202610.4580
02 Sep 202610.4180
01 Sep 202610.4860
31 Aug 202610.5100
28 Aug 202610.5120
27 Aug 202610.5110
26 Aug 202610.5540
25 Aug 202610.5680
24 Aug 202610.5490
21 Aug 202610.5640
20 Aug 202610.5600
19 Aug 202610.5110
18 Aug 202610.5220
17 Aug 202610.5360
14 Aug 202610.5290
13 Aug 202610.5510
12 Aug 202610.5580
11 Aug 202610.5430
10 Aug 202610.5360
07 Aug 202610.5400
06 Aug 202610.5470
05 Aug 202610.5610
04 Aug 202610.5440
03 Aug 202610.5800
31 Jul 202610.4870
30 Jul 202610.4970
29 Jul 202610.4970

Fund Return · 3M

-4.97%

3M · NAV return

Alpha over Benchmark

—

vs NIFTY 500 Total Return Index

Volatility Σ

+7.07%

annualised std dev

Max Drawdown

-6.21%

peak-to-trough · 3M

04

Risk

Risk Profile, Exposure Limits & Fund Managers

Risk band Level 5 (Highest)SEBI scale · 1 Lowest, 5 Highest
Level 1Level 2Level 3Level 4Level 5
Equity Allocation50%–100%
0%25%50%75%100%
Debt Allocation0%–50%
0%25%50%75%100%
Commodity Allocation—
Derivative Exposure MaxUp to 100% of net assets
0%25%50%75%100%
Unhedged Short Max0%–25%
0%25%50%75%100%

Who Manages This Fund

KK

Fund Manager

Kapil Kankonkar

Lead FM

Full professional biography not yet published in the fund’s factsheet disclosures.

DL

Fund Manager

Debraj Lahiri

Debt Overlay & Risk Management

Full professional biography not yet published in the fund’s factsheet disclosures.

05

Fees & Plan

Fees, Minimums & Redemption

Minimum Investment

₹10,00,000

SEBI-mandated SIF threshold

Expense Ratio

2.1%

Excl. brokerage, transaction cost & statutory levies

Exit Load

~0.50% ≤90 days

Redemption

Daily

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.

06

Documents

Factsheets & Disclosures

No factsheets published for this strategy yet.

Next Research

Related SIF Funds

Continue with nearby mandates and compare how fund houses express the same opportunity.

View every SIF →
A
Equity

Altiva Equity Long-Short Fund

Altiva

View fund →
A
Equity

Apex Equity Long-Short Fund

Apex

View fund →
A
Equity

Apex Equity Ex-Top 100 Long-Short Fund

Apex

View fund →
D
Equity

DynaSIF Equity Ex-Top 100 Long - Short Fund

DynaSIF

View fund →

Ready when you are

Invest through SIF Edge

Speak to our team about Arudha Equity Long-Short Fund — onboarding, suitability and paperwork handled end to end.

Chat on WhatsAppBook a Call