Bandhan AMC has received approval from the Securities and Exchange Board of India (SEBI) to offer Specialised Investment Funds (SIFs). The move allows the asset management company to design equity, debt, and hybrid strategies, including unhedged short derivatives positions, targeting sophisticated investors seeking differentiated risk-return profiles.
The new products will be introduced under the ‘Arudha SIF’ platform, which Bandhan AMC said is aimed at expanding options beyond traditional mutual funds.
The offerings will gradually roll out under this platform.
Vishal Kapoor, CEO of Bandhan AMC, stated that the SIF platform responds to increasing demand for investment solutions beyond mutual funds, Alternative Investment Funds (AIF), and Portfolio Management Services (PMS) within a regulated framework.
The approval positions Bandhan AMC to explore non-traditional strategies across asset classes, offering more flexibility in portfolio construction for investors.
Established in 2000, Bandhan AMC offers mutual funds, alternatives, and PMS solutions across India. It operates in over 100 cities and serves investors in more than 790 towns, managing over four million folios across institutional, corporate, family office, and individual clients.
What are Specialised Investment Funds (SIFs)?
SIFs are a new product category that SEBI introduced to offer more tailored and flexible investment strategies than traditional mutual funds, without the high entry barriers of PMS or AIFs (Alternative Investment Funds).
They aim to serve sophisticated retail and HNI (high-net-worth individual) investors who seek differentiated portfolios focused on themes, sectors, or strategies.