Arudha Hybrid Long-Short Fund
Bandhan Mutual FundArudha Hybrid Long-Short Fund is an interval strategy combining a near-fully-hedged equity book with short- to medium-term debt: a ~39% gross equity long position offset by an almost equal equity-futures short overlay, alongside AAA/AA-rated corporate bonds, NCDs, certificates of deposit, and T-Bills. As of end-September 2026 equity and its hedge were both around 39% (largely netting out), corporate bonds made up roughly 44%, certificates of deposit about 8%, T-Bills about 5%, and cash the remainder. Direct plan TER is 0.25%; the Regular plan runs 0.63%.
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 | CRISIL Hybrid 85+15 Conservative Index |
|---|---|---|
| 1 Week†| -0.07% | — |
| 15 Days†| +0.07% | — |
| 1 Month†| +0.18% | — |
| 3 Months†| +0.72% | — |
| 6 Months | +2.93% | +3.61% |
| 1 Year | — | — |
| 3 Years | — | — |
| 5 Years | — | — |
| Since Inception†| +3.95% | — |
†No AMC-verified benchmark figure yet for this period — computed from daily NAV.
Portfolio exposure
| Instrument | Sector | Type | Weight |
|---|---|---|---|
| Other Equity Futures (remaining names, net) | — | Equity - Short (Derivative) | -27.6% |
| Others Equity Total (remaining long positions) | — | Equity - Long | 24.5% |
| 7.42% SIDBI 2029 (SR-VII) | Financials | Debt - Long | 6.3% |
| 7.44% UNSNCD NABARD - 17/07/2029 | Financials | Debt - Long | 6.3% |
| 7.7% Bajaj Finance Ltd - 20/9/2029 | Financials | Debt - Long | 6.2% |
| Net Cash and Cash Equivalent | — | Cash & Equivalents | 4.5% |
| (3MTBILL+3.15%) Muthoot Finance 53A | Financials | Debt - Long | 3.2% |
| 7.85% Bajaj Housing Finance (01/09/2028) | Financials | Debt - Long | 3.1% |
| 7.38% REC Ltd Sr 253 - 28/02/2029 | Financials | Debt - Long | 3.1% |
| 7.3763% Bajaj Finance (Option II) 26/06/28 | Financials | Debt - Long | 3.1% |
| 7.77% Bajaj Finance Ltd - 17/04/2029 | Financials | Debt - Long | 3.1% |
| 182 Days T-Bill - 17/12/2026 | Sovereign | Debt - Long | 3.1% |
| 07.99% Unsec NCD GSec 2029 SR 2 26/3/29 | Financials | Debt - Long | 3.1% |
| 7.12% Exim Bank NCD (MD 27/06/2030) | Financials | Debt - Long | 3.1% |
| Punjab National Bank - 04/02/2027 (CD) | Financials | Debt - Long | 3.1% |
| Bank of Baroda - 05/03/2027 (CD) | Financials | Debt - Long | 3.1% |
| 6.68% GSec Bonds - 07/07/2040 | Government Security | Debt - Long | 3.0% |
| ICICI Bank Ltd (equity future) | — | Equity - Short (Derivative) | -2.9% |
| ICICI Bank Ltd | Banks | Equity - Long | 2.9% |
| 182 Days T-Bill - 22/10/2026 | Sovereign | Debt - Long | 1.9% |
| HDFC Bank Ltd. (equity future) | — | Equity - Short (Derivative) | -1.9% |
| Punjab National Bank - 28/01/2027 (CD) | Financials | Debt - Long | 1.9% |
| HDFC Bank Ltd. | Banks | Equity - Long | 1.8% |
| State Bank of India (equity future) | — | Equity - Short (Derivative) | -1.6% |
| State Bank of India | Banks | Equity - Long | 1.6% |
| Bharti Airtel Ltd. | Telecom - Services | Equity - Long | 1.4% |
| Bharti Airtel Ltd. (equity future) | — | Equity - Short (Derivative) | -1.4% |
| Bajaj Finance Ltd. (equity future) | — | Equity - Short (Derivative) | -1.3% |
| Bajaj Finance Ltd. | Finance | Equity - Long | 1.3% |
| Reliance Industries Ltd | Petroleum Products | Equity - Long | 1.2% |
| Reliance Industries Ltd (equity future) | — | Equity - Short (Derivative) | -1.2% |
| Adani Green Energy Ltd | Power | Equity - Long | 1.1% |
| Adani Green Energy Ltd (equity future) | — | Equity - Short (Derivative) | -1.1% |
| Axis Bank Ltd | Banks | Equity - Long | 1.0% |
| Larsen And Toubro Ltd | Construction | Equity - Long | 1.0% |
| Vodafone Idea Ltd. | Telecom - Services | Equity - Long | 0.9% |
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
Combines equity and debt exposure within one mandate, using long-short positioning across both to balance growth and income.
Key facts
- Category
- Hybrid Long-Short
- Benchmark
- CRISIL Hybrid 85+15 Conservative Index
- Launch date
- 28 Jan 2026
- Expense ratio
- 0.25%
- Exit load
- Nil
- Lock-in
- —
- Risk-o-meter
- Risk Band 1 of 5 (Lower 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-54
- ISIN (Direct, Growth)
- INF194K30184
- AMFI scheme code (Regular)
- SIF-40
- ISIN (Regular, Growth)
- INF194K30010
- Official document
- AMC factsheet (PDF)As of 30 Sept 2026