Avendus Enhanced Return Fund

Avendus Enhanced Return Fund is a long only scheme targeting high alpha and low beta. The fund endeavors to outperform the Nifty 50 index by over 150% over three years and minimize downsize to 30% of the index over any 6 months during the three - year period. 

The fund’s objective of generating superior returns to the Nifty 50 index while limiting downsize is achieved by maintaining a judicious mix of long only and long short portfolio. It will invest ~70% of the proceeds in the long only portfolio, to ensure high alpha, and ~30% in long-short portfolio, to ensure a lower beta.