Fund Snapshot
| Category | Hybrid Long-Short Fund |
|---|---|
| Benchmark | CRISIL Hybrid 85+15 Conservative Index |
| Subscription | Daily (Business Days) |
| Inception Date | 09 January 2026 |
| SIF ID | SIF-40 |
| Type | Interval Strategy |
Strategy Overview
Arudha is structured as an interval hybrid long-short strategy with flexible allocation across equity, debt, and derivatives. The framework allows the fund to dynamically adjust exposure within prescribed ranges rather than follow a fixed allocation.
The strategy includes:
- Core exposure to equity and equity-related instruments for return generation
- Allocation to debt and money market instruments for income and stability
- Use of derivative positions, both hedged and unhedged, to manage volatility and enhance returns
- Limited allocation to REITs and InvITs for additional yield and diversification
The presence of both hedged (0–100%) and unhedged short positions (0–25%) indicates an active risk management approach. This allows the portfolio to reduce net market exposure when required, while still maintaining participation in underlying asset classes.
Objective
The stated objective is to generate optimal returns through a combination of equity and debt investments, supplemented by selective derivative exposure.
From a portfolio construction perspective, this translates into:
- Return generation through equity allocation within a broad 25%–75% band
- Income and capital preservation through debt and money market instruments
- Risk-adjusted enhancement using derivatives, including short positions
The absence of a fixed allocation suggests that performance will depend significantly on allocation decisions and market positioning rather than static exposure.
Redemption Details
- The strategy operates under an interval structure
- Redemption is available twice a week: Monday and Thursday
- This structure provides periodic liquidity while allowing the fund to manage portfolio positioning without continuous inflows and outflows
Portfolio Allocation
| Asset Class | Allocation Range |
|---|---|
| Equity & Equity-related Instruments | 25% – 75% |
| Debt & Money Market Instruments | 25% – 75% |
| Unhedged Derivative Short Positions (Equity & Debt) | 0% – 25% |
| REITs / InvITs | 0% – 20% |
| Hedged Positions (Equity & Debt) | 0% – 100% |
Portfolio Construction Insights
- Wide allocation bands (25%–75%) indicate a high degree of flexibility, allowing the strategy to shift between growth-oriented and defensive positioning
- Simultaneous use of hedged and unhedged exposures enables adjustment of net market exposure based on market conditions
- Derivative usage (up to 25% unhedged) introduces an additional layer of active risk and return management
- Inclusion of REITs/InvITs provides a yield-oriented component that may support income generation
Overall, the structure is suited to an actively managed approach where asset allocation decisions are a primary driver of returns.
AltPort Funds: Skill Beats Luck in the Long Run
Forget short-term flings with luck. At AltPort Funds, we're all about finding talented fund managers. We look for people who have solid, repeatable methods, keep risk in check, and make smart decisions consistently. Our system tells us who's really got the stuff and who just got lucky. This way, we can skip those strategies that are basically a roll of the dice. We like to back talent instead of chance. That's how we build portfolios that can hold their own no matter what the market does. Sure, sometimes luck pays off, but lasting returns? Those come from knowing your stuff and having a good plan. At AltPort Funds, that's what we believe, because building wealth for the long haul means betting on skill, not just crossing your fingers.
Listen to expert conversations and investment insights anytime on Spotify.
Watch our podcast episodes featuring expert interviews, market insights, investment strategies, and in-depth discussions on the latest financial trends.
Learn about the experienced fund managers responsible for investment decisions, portfolio strategy, and long-term fund performance.
Asit Pal
Mr. Asit Pal is the Chairperson and Independent Director of Bandhan Mutual Fund Trustee Limited, bringing over 33 years of experience in the financial services sector. He specializes in corporate credit and risk management, having spent over three decades at Bank of Baroda and served as the Executive Director of the erstwhile Corporation Bank. Beyond his role at Bandhan, he has chaired Bandhan Financial Services Limited and contributed to the Advisory Board on Bank, Commercial & Financial Frauds for the Central Vigilance Commission. A graduate of the University of Calcutta, he is also a qualified Chartered Accountant (ACA).
View Profile →Our Investment Experts
Our experts will understand your goals, map the right strategy across AIFs, PMS, Mutual Funds and Wealth Solutions, and guide you through every step.
Find answers to common questions about fund investments, performance, portfolio strategy, and investor services.
Arudha aims to generate optimal returns through a diversified combination of equity, debt, and derivative strategies. The fund seeks to balance growth opportunities with income generation and risk management by dynamically adjusting its asset allocation.
The strategy invests across equities, debt instruments, and derivatives. Fund managers can increase or reduce market exposure through hedged and unhedged derivative positions, allowing the portfolio to adapt to changing market conditions while managing risk.
The fund can allocate 25%–75% to equity and equity-related instruments, 25%–75% to debt and money market instruments, up to 25% to unhedged derivative short positions, up to 20% to REITs/InvITs, and up to 100% in hedged positions as part of its risk management framework.
Arudha follows an interval fund structure, with redemption opportunities available twice a week—on Mondays and Thursdays. This provides periodic liquidity while allowing the fund manager greater flexibility in portfolio management.
The strategy may appeal to investors seeking a flexible, actively managed portfolio that combines equity growth potential, debt stability, and derivative-based risk management. It is particularly suited for those looking for a balanced approach rather than a purely equity-driven investment.
Subscribe to the ALTPORT newsletter
Join HNIs, family offices and NRI investors reading with us.
You're on the list
Thanks — we've added your email to the ALTPORT newsletter.