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Arudha SIF: Bandhan AMC Wins SEBI Approval for Specialised Funds

9 September 20251 min read
BANKING & FINANCEArudha SIF: BandhanAMC Wins SEBIApproval forSpecialised Funds9 September 2025safalsetu.com

Why in the news

Bandhan Asset Management Company moved beyond conventional mutual funds after SEBI cleared its SIF platform.

Key facts

  • Platform: Arudha SIF, meaning ascent and progress.
  • Audience: sophisticated investors seeking differentiated risk-return profiles.
  • Objective: advanced options beyond conventional MFs.

About SIFs

  • Brought in by SEBI to sit between Mutual Funds and PMS.
  • Flexible portfolios and non-traditional strategies, open to retail investors and HNIs.

Exam angle

  • SIF: regulator SEBI; position between MFs and PMS.

Test yourself

1. Which regulator approved Bandhan AMC's launch of the 'Arudha SIF' platform?

SEBI gave the approval to Bandhan AMC.

2. Specialised Investment Funds were introduced to bridge the gap between mutual funds and which product?

SIFs bridge the gap between MFs and PMS.

3. What does the name 'Arudha' in Bandhan AMC's Arudha SIF symbolise?

The notes state it symbolises ascent and progress.

This topic is part of Daily Current Affairs 5 & 6 September 2025 (13 topics).

All topics of the dayDay quizSeptember 2025

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