Avendus Absolute Return Fund is a Category III Alternate Investment Fund (AIF) focused on innovative risk management strategies, with a goal of 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.
The fund led by one of India’s marquee fund managers - Andrew Holland and Vaibhav Sanghavi successfully managed equity, based on positive absolute return strategies with a view of low volatility, for over 10 years in all market scenarios.