The Arudha Edge

Built on strength

At the helm of Arudha SIF is one of India’s most experienced fund-management teams, backed by Bandhan AMC. Bandhan AMC draws strength from its distinguished shareholders, Bandhan Financial Group, GIC (Singapore), and ChrysCapital, bringing global expertise and institutional discipline to every investment.

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A legacy of progress

With a 25-year legacy of turning savers into investors, Bandhan AMC has built a strong foundation across equity, fixed income, and hybrid strategies. Arudha SIF continues this evolution, expanding the possibilities for investors seeking the next step in their wealth journey.

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Guided by purpose

Arudha SIF combines institutional rigour with a deep understanding of evolving investor needs. Each strategy is built with clarity, structure, and purpose, helping investors move confidently from foundational portfolios to sophisticated, well-managed opportunities designed for long-term growth potential.

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What is a Specialised Investment Fund (SIF)?

A Specialised Investment Fund, or SIF, is a SEBI-regulated investment structure created to bridge the space between mutual funds and portfolio management services. Designed for seasoned investors seeking strategy-led opportunities, SIFs provide greater portfolio flexibility and access to advanced investment approaches. With a minimum investment of ₹10 lakh, they offer differentiated exposure while maintaining the transparency and discipline of a regulated framework.

SIF vs Other Investment Options

icon SIF
Specialized Investment Fund
MF
Mutual Fund
PMS
Portfolio Management Services
AIF
Alternative Investment Fund
icon Target Investors Investors seeking advanced yet tax-efficient strategies First-time to long-term investors HNIs seeking customised portfolio management Ultra-HNIs & Institutions exploring non-traditional assets
icon Minimum Investment ₹10 Lakh
(across SIF strategies)		 ₹5000
(lumpsum)		 ₹50 Lakh ₹1 Crore
icon Structure Combines strengths of MF, PMS and AIF while retaining MF-like taxation Pooled, SEBI-regulated investment vehicle Separately managed account with direct stock ownership Pooled, privately placed schemes
icon Taxation Investor Level: Same as Mutual (based on asset class) Fund Level: Nil, as per Section 10 (23D) Investor Level: As per asset class Fund Level: Nil, as per Section 10 (23D) Investor Level: Based on individual security treatment Fund Level: Nil Investor Level: Nil Fund Level: Cat III – Capital gains @12.5% + Business Income @30% + surcharge + cess
icon Expense Ratio Maximum 2-2.25% Maximum 2-2.25% Management + Performance Fee Management + Performance Fee
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FAQs

A SIF is a SEBI-regulated investment structure introduced under the Mutual Fund Regulations (1996). It provides eligible investors with access to advanced, strategy-led portfolios such as long–short equity, tactical debt, or hybrid allocations, offering more flexibility than traditional mutual funds. The minimum investment is ₹10 lakh across all strategies within an asset-management company.

The minimum investment in a SIF is ₹10 lakh per investor, as specified by SEBI. This applies at the PAN level across all SIF strategies offered by a single asset-management company.

Mutual funds cater to a broad investor base, whereas SIFs are designed for select investors seeking specialised, strategy-driven portfolios. SIFs may involve higher risk and lower liquidity but allow access to differentiated opportunities beyond conventional mutual-fund offerings.

SIFs are suitable for investors capable of committing ₹10 lakh or more across SIF strategies within one asset-management company. Accredited investors, as recognised by SEBI, are exempt from this threshold. These funds are best suited for experienced investors comfortable with higher risk and lower liquidity.

Liquidity depends on the fund’s structure. Open-ended SIFs may offer daily or periodic redemptions, while interval or closed-ended options typically have longer lock-ins and require advance notice. Investors should therefore expect limited liquidity and extended exit timelines compared with mutual funds.

SIFs involve market, credit, liquidity, and manager-specific risks. As these funds may adopt niche or complex strategies, they can experience higher volatility and longer holding periods. Investors should ensure that their goals, time horizon, and risk tolerance align with the chosen strategy.
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