Mrinal Singh, Head - Alternates (Listed Equities) at Bandhan AMC, brings over two decades of experience and a successful track record in investment management and equity research. Renowned for his value-driven approach to fund management, he has built a strong reputation for his deep research expertise, meticulous stock-picking.
Before joining Bandhan AMC, Mrinal was the CIO & CEO of InCred Asset Management. Prior to that, he served as the Deputy CIO at ICICI Prudential AMC for over 12 years and managed assets of $3.3 billion. Under his leadership, the ICICI Prudential Value Discovery Fund grew from $0.2 billion to $2.7 billion.
He is an alumnus of SP Jain Institute of Management & Research, Mumbai.

Mrinal Singh

High potential opportunities, built into a purposeful portfolio

Vedartha Equity Opportunities Fund is Bandhan Alternates' Multi/Flexicap AIF strategy that takes a bottom up approach across the market cap spectrum, identifying businesses positioned to benefit from India's long term structural growth drivers. Every idea is evaluated through comprehensive fundamental research and a proprietary MBV, Management, Business, Valuation framework.

The name comes from Veda, the pursuit of wisdom through knowledge, and Artha, prosperity through purposeful wealth creation, reflecting a philosophy where research expertise is meant to translate directly into wealth creation.

Named for what it does

An explicit exclusion filter rules out businesses with sub par management or weak governance, inferior business models built on opaque accounting or declining industries, and ineffective strategies marked by poor execution, before any stock is considered on its merits.

Screens for what to avoid, not just what to buy

Positions are sized for a 3 to 5 year horizon with low churn, and the team actively looks for catalysts that can lead to a stock being re-rated, rather than trading around short term price moves.

Bought and held for a re-rating, not a quick trade

vedartha-equity-opportunities-fund

A handful of value pockets, not the whole market

Vedartha India Opportunities Fund Series 1 is Bandhan Alternates Mid and Small Cap AIF strategy, founded on the belief that market prices periodically diverge from underlying business fundamentals as a result of market cycles and investor behaviour. The strategy seeks to exploit these dislocations through a contrarian approach, expecting returns as intrinsic business value is recognised and market expectations normalise over time.

The process begins with a top down assessment of the macroeconomic environment, business cycles, earnings trends, liquidity conditions and relative sector valuations, narrowing the opportunity set to a limited number of value pockets. Within these pockets, companies are evaluated through the Management Business Valuation framework, with investments considered only when both business quality and valuation support the thesis.

Top down analysis narrows the opportunity set to a limited number of identified value pockets where market expectations have diverged from fundamentals, rather than spreading research evenly across the market.

A top down view, a bottom up filter

Portfolio construction follows a buy and hold approach, waiting for intrinsic value to be recognised rather than trading in and out as sentiment shifts.

Buy and hold, not trade the dislocation

Investments are considered only when business quality and valuation both support the thesis; a strong case on just one of the two isn't enough to earn a place in the portfolio.

Vedartha by Bandhan AMC

Funds of Vedartha by Bandhan AMC

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