Alternate Funds

Investment Manager : Avendus

Fund Name : Avendus Absolute Return Fund

Inception : March 1, 2017

Category : Category III

Investment Objective :

The investment objective of the strategy is to generate absolute returns over the medium term, with a reduced volatility.

Investment Philosophy :

It is focused on innovative investment management strategies, with strong risk management for capital preservation. The fund seeks capital appreciation and positive returns in an efficient, risk – adjusted manner through long and short positions in equities and indices(derivatives). It is intended to produce absolute returns with less volatility than the overall stock market and low correlation to conventional asset classes, across variety of market scenarios.

Investment Strategy :

The fund deploys the following strategies to achieve its investment objective: • The strategy is based on the team’s assessment of markets from a global and local perspective and looking at important macros to determine the sectors and stocks which are likely to outperform and underperform the markets. • Assessment of fundamental, technical, and momentum factors are used to arrive at the pool of stocks for portfolio construction on long and short side. • A combination of long and short positions in the portfolio aims to generate returns with lower volatility over a period.

Scheme Document

Coming soon