Avendus Absolute Return Fund II

Avendus Absolute Return Fund II is a benchmark-agnostic long/short equity AIF targeting 12–18% absolute returns across market cycles. The fund maintains 40–60% net long exposure through a research-driven long book of quality compounders and a disciplined short book of fundamentally challenged businesses implemented via NSE F&O instruments. This structure enables the fund to profit in both rising and falling markets — generating alpha from both sides of the book.

The fund's research edge lies in Avendus's 300+ company coverage universe, generating proprietary insights on both the long and short sides. Long positions are held 12–24 months on average; short positions are tactical and managed with defined stop-losses. The risk management framework enforces gross exposure ceilings, sector concentration limits, and individual position loss thresholds reviewed daily by an independent risk desk.