Description

BSE announces the launch of New Fund Offer (NFO) for Arudha Equity Long Short Fund under Bandhan Mutual Fund's Specialized Investment Funds (SIF) on the BSE StAR MF Platform, with tentative allotment date of March 24, 2026.

Summary

BSE has announced the launch of a New Fund Offer (NFO) for the Arudha Equity Long Short Fund, a Specialized Investment Fund (SIF) under Bandhan Mutual Fund, on the BSE StAR MF Platform. The fund is categorized as an Equity SIF and offers 34 scheme variants across Regular and Direct plans with multiple IDCW payout and reinvestment options. The tentative allotment date for all variants is March 24, 2026.

Key Points

  • Fund name: Arudha Equity Long Short Fund under Bandhan Mutual Fund (AMC code: INF194K)
  • Fund type: Specialized Investment Fund (SIF) — Equity category
  • Platform: BSE StAR MF
  • Total scheme variants: 34 (Regular Plan: 18, Direct Plan: 16)
  • Tentative allotment date: March 24, 2026 for all variants
  • Plans available: Regular Plan and Direct Plan
  • Options available: Growth, Daily/Weekly/Fortnightly/Monthly/Quarterly/Half-Yearly/Annual/Periodic IDCW Payout, and Daily/Weekly/Fortnightly/Monthly/Quarterly/Half-Yearly/Annual/Periodic IDCW Reinvestment

Regulatory Changes

No regulatory changes. This circular is an operational announcement enabling the Arudha Equity Long Short Fund NFO for subscription through the BSE StAR MF platform under the SIF framework.

Compliance Requirements

  • Brokers, distributors, and registered intermediaries on BSE StAR MF may offer this NFO to eligible investors.
  • Investors must comply with SIF-specific eligibility and investment norms as prescribed by SEBI for Specialized Investment Funds.
  • Allotment will be processed as per the tentative date; actual allotment is subject to fund house confirmation.

Important Dates

  • Circular Date: March 4, 2026
  • Tentative Allotment Date: March 24, 2026 (all 34 scheme variants)

Impact Assessment

This NFO introduces a long-short equity strategy under the SIF framework — a relatively new product category in India — onto the BSE StAR MF platform. With 34 scheme variants, it provides flexibility for different investor profiles. The impact is moderate, primarily affecting mutual fund distributors, registered investment advisors, and retail/HNI investors seeking exposure to long-short equity strategies. No direct impact on listed equities or broader market operations.

Impact Justification

NFO launch for a new SIF category fund with broad investor relevance; introduces 34 scheme variants across Regular and Direct plans with multiple IDCW payout/reinvestment options, relevant to mutual fund participants and distributors on BSE StAR MF.