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 and minimize downside. 

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.