Specialised Investment Funds (SIF) framework in India

Mon, 18 May 2026 00:00:00 +0000

The Specialised Investment Funds (SIF) framework is a SEBI-introduced category for HNI-focused investment strategies that sits structurally between traditional mutual funds and Portfolio Management Services (PMS). The framework was formalised by SEBI in 2024 to enable certain investment strategies (long-short equity, inverse exposure, leveraged strategies) that would not fit within the traditional mutual fund framework but should remain accessible to a defined HNI investor class.

For Indian HNI investors, SIFs offer:

Specialised Investment Fund (SIF) in India

Sun, 17 May 2026 00:00:00 +0000

A Specialised Investment Fund (SIF) in India is a new SEBI-introduced investment-vehicle category, formalised through SEBI’s 2024 framework, that bridges the gap between mutual funds (open to retail investors at low minimum thresholds with standardised strategy categories) and Portfolio Management Services and Alternative Investment Funds (high minimum thresholds with strategy flexibility). The SIF category was proposed by SEBI in 2024 with a Rs 10 lakh minimum investment per investor, positioning it as accessible to mass-affluent investors who fall between retail-MF and HNI-PMS/AIF segments.

Specialised Investment Fund on WebNotes

Specialised Investment Funds (SIF) framework in India

Specialised Investment Fund (SIF) in India