SIFs: The Next Big Thing In Indian Investing

By: Nikhil Pandey

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16 Jan 2026

Specialized Investment Funds (SIFs) are a new asset class under SEBI Mutual Fund Regulations


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SIFs are designed to bridge the gap between mutual funds and Portfolio Management Services (PMS)


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These funds are primarily aimed at high-net-worth individuals and other experienced, well-informed investors


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A ₹10 lakh minimum investment threshold applies per investor across all SIF strategies offered


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Accredited investors, as defined by SEBI, are exempt from the standard minimum investment requirements


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Fund managers can use complex strategies like long-short equity, sector rotation, and dynamic asset allocation


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SIFs can take unhedged short positions using derivatives up to 25% of the fund's net assets


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These funds can invest in diverse assets including equities, debt, REITs, InvITs, and commodity derivatives


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Liquidity is variable, with redemptions ranging from daily to quarterly depending on the fund's structure


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SIFs carry a higher risk profile due to their use of leverage and concentrated investment strategies


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