Arudha Equity Long-Short Fund
Bandhan Mutual FundArudha Equity Long-Short Fund runs an open-ended long-short equity strategy with limited short exposure through derivatives. As of end-September 2026 the portfolio held about 78% gross equity long, offset by a roughly 7% equity-futures short overlay (net equity exposure close to 71%), with a small treasury-bill and corporate-bond position and the balance in cash. Direct plan TER is 0.78%; the Regular plan runs 2.10%.
NAV history
Custom date range
Pick any two dates to see Direct Plan NAV and the return between them.
Performance vs. benchmark
Showing Direct Plan performance.
| Period | Fund | NIFTY 500 TRI |
|---|---|---|
| 1 Week†| -0.74% | — |
| 15 Days†| -0.72% | — |
| 1 Month†| -1.06% | — |
| 3 Months†| -4.48% | — |
| 6 Months†| -1.10% | — |
| 1 Year | — | — |
| 3 Years | — | — |
| 5 Years | — | — |
| Since Inception†| +2.57% | — |
†No AMC-verified benchmark figure yet for this period — computed from daily NAV.
Portfolio exposure
| Instrument | Sector | Type | Weight |
|---|---|---|---|
| Others Equity Total (remaining long positions) | — | Equity - Long | 50.2% |
| Net Cash and Cash Equivalent | — | Cash & Equivalents | 16.3% |
| Other Equity Futures & Options (remaining names, net) | — | Equity - Short (Derivative) | -5.0% |
| ICICI Bank Ltd | Banks | Equity - Long | 4.4% |
| HDFC Bank Ltd. | Banks | Equity - Long | 4.0% |
| 182 Days T-Bill - 17/12/2026 | Sovereign | Debt - Long | 3.7% |
| Bharti Airtel Ltd. | Telecom - Services | Equity - Long | 3.5% |
| Mahindra and Mahindra Ltd | Automobiles | Equity - Long | 3.1% |
| NIFTY (index future) | — | Equity - Short (Derivative) | -2.9% |
| Cipla Ltd. | Pharmaceuticals & Biotechnology | Equity - Long | 2.4% |
| TVS Holdings Ltd | Finance | Equity - Long | 2.1% |
| Ipca Laboratories Ltd. | Pharmaceuticals & Biotechnology | Equity - Long | 2.0% |
| Shriram Finance Ltd. | Finance | Equity - Long | 2.0% |
| Bajaj Holdings & Investment Ltd | Finance | Equity - Long | 2.0% |
| State Bank of India | Banks | Equity - Long | 2.0% |
| 364 Days T-Bill - 10/12/2026 | Sovereign | Debt - Long | 1.5% |
| Indian Oil Corporation Ltd. (equity future) | — | Equity - Long | 0.8% |
| 6.68% GSec Bonds - 07/07/2040 | Government Security | Debt - Long | 0.7% |
| 6% NCPRS TVS Holding Ltd | Finance | Debt - Long | 0.1% |
Top holdings from the AMC's own portfolio disclosure — not the complete, line-by-line portfolio (which can run to 100+ positions). Gross/net exposure above is calculated from this subset, so it may differ slightly from the AMC's own published figures.
Investment strategy
Takes long positions in equities expected to outperform, hedged with short positions or index/stock derivatives to manage net market exposure.
Key facts
- Category
- Equity Long-Short
- Benchmark
- NIFTY 500 TRI
- Launch date
- 24 Mar 2026
- Expense ratio
- 0.78%
- Exit load
- 0.50% if redeemed/switched out within 30 days of allotment; nil thereafter
- Lock-in
- —
- Risk-o-meter
- Risk Band 5 of 5 (Higher Risk) — SIF-specific risk band, distinct from the standard mutual fund risk-o-meter scale
- Minimum investment
- ₹10,00,000
- AMFI scheme code (Direct)
- SIF-61
- ISIN (Direct, Growth)
- INF194K30523
- AMFI scheme code (Regular)
- SIF-62
- ISIN (Regular, Growth)
- INF194K30358
- Official document
- AMC factsheet (PDF)As of 30 Sept 2026