Source: ET
Context:
In September 2025, Bandhan Asset Management Company (Bandhan AMC) received approval from the Securities and Exchange Board of India (SEBI) to launch Specialised Investment Funds (SIFs) under a new platform named ‘Arudha SIF’. This marks Bandhan AMC’s expansion beyond traditional Mutual Funds (MFs) into more flexible and regulated investment products.
Key Highlights:
- Platform Name: Arudha SIF
- Target Group: Sophisticated investors seeking differentiated risk-return profiles
- Strategies Offered:
- Equity
- Debt
- Hybrid
- Unhedged Short Derivatives
About Specialised Investment Funds (SIFs)
- Introduced by: SEBI to bridge the gap between Mutual Funds (MFs) and Portfolio Management Services (PMS).
- Key Features:
- Flexibility in portfolio construction.
- Enable non-traditional investment strategies.
- Offer sophisticated yet accessible solutions for both retail investors and High-Net-worth Individuals (HNIs).
About Arudha SIF
- Meaning of ‘Arudha’: Symbolises “ascent” and “progress.”
- Objective: To provide investors with advanced investment options beyond conventional MFs.
- Offerings: Equity, Debt, Hybrid, and Unhedged Short Derivatives positions.