What is a SIF Mutual Fund? Complete Guide for Indian Investors
You want to run sophisticated strategies like long-short equity, but the ₹50 lakh ticket for Portfolio Management Services (PMS) is out of reach. Traditional mutual funds, meanwhile, cannot short the market during a correction. SEBI introduced Specialized Investment Funds (SIFs) in April 2025 to fill this gap, and by mid-2026, the category has already crossed ₹12,000 crore in assets under management. What is a Specialized Investment Fund (SIF)? A Specialized Investment Fund is a SEBI-regulated mutual fund vehicle that lets Asset Management Companies (AMCs) run strategy-specific portfolios with tools that traditional funds cannot use. The defining difference: SIFs can hold unhedged derivative positions, giving fund managers the ability to profit from falling markets or hedge against downturns. ...