Specialized Investment Fund
Strategies Built for Informed Capital.
SEBI's newest regulated category — SIFs give sophisticated investors access to long-short, quant, credit, and real asset strategies, starting at just ₹10 lakh.
₹38 Cr+
SIF Placed
80+
UHNIs & Family Offices
₹10 lakhs
Minimum Investment
56+
SIF Funds Empanelled
Understanding SIF
What Exactly Is a SIF — and Is It Right for You?
Introduced by SEBI in 2025, a Specialized Investment Fund is a regulated pooled vehicle that sits between a mutual fund and an AIF — offering institutional-grade strategies to informed HNI investors with fewer constraints than conventional products.
Think of it as a 'Premium Mutual Fund'
A SIF is regulated by SEBI — just like a mutual fund — but with a far wider investment mandate. While a regular mutual fund can only buy stocks and bonds, a SIF can also short stocks, use derivatives for alpha, lend to corporates, and invest in infrastructure projects. It's designed for investors who want more sophisticated strategies but within a regulated, transparent structure.
How It's Different from Mutual Funds & PMS
Mutual funds are for retail investors with no minimum and limited strategy flexibility. PMS (minimum ₹50 lakh) gives you a personalised portfolio of direct stocks. SIF (minimum ₹10 lakh) is a pooled fund with advanced strategies unavailable in MF — like short-selling and structured credit. It's more flexible than MF, more accessible than AIF (₹1 Cr minimum), and distinct from PMS.
Who It's Designed For
SIFs are for 'accredited investors' — HNIs with net worth above ₹5 crore or annual income above ₹50 lakh. If you've already built a core portfolio of mutual funds and direct equity, a SIF allocation (10–20% of investable wealth) can significantly improve risk-adjusted returns through strategies that behave differently from your existing investments.
| Parameter | Mutual Fund | ✦ SIF | PMS | AIF Cat. III |
|---|---|---|---|---|
| Regulator | SEBI | SEBI | SEBI | SEBI |
| Min. Investment | ₹500 | ₹10 Lakh | ₹50 Lakh | ₹1 Crore |
| Can Short Sell? | ✗ | ✓ | Limited | ✓ |
| Use Derivatives? | Hedge only | Alpha + Hedge | Hedge only | ✓ |
| Invest in Credit? | Debt funds only | ✓ Structured | ✗ | ✓ |
| Portfolio Ownership | Units of fund | Units of fund | Direct stocks | Units of fund |
| Liquidity | Daily (most) | Monthly/Quarterly | Monthly | Quarterly/Annual |
| Performance Fee | ✗ | ✓ (10–20%) | ✓ (10–20%) | ✓ (20%+) |
Explore Strategies
Which SIF Strategy Fits Your Goals?
Select a strategy to understand how it works, who it suits, and what returns to expect.
Long-Short Equity
Market-Neutral AlphaInvestment horizon: 2 – 5 years
Long-short equity strategies take simultaneous long positions in stocks expected to appreciate and short positions in stocks expected to fall. This enables the fund to generate returns in both rising and falling markets — a key differentiator from plain vanilla mutual funds. Designed for sophisticated investors who understand market cycles.
Min. Investment
₹10 Lakh
Target Return
Nifty + 5–8%
Best For
HNIs seeking returns uncorrelated to market direction
Key Highlights
- Ability to profit in both bull and bear markets
- Net equity exposure actively managed (0%–100%)
- Derivatives used for hedging, not just speculation
- Targets Nifty + 5–8% alpha over a full market cycle
- Minimum investment: ₹10 lakh per SEBI regulations
Our Advantage
SIF Guidance You Can Actually Rely On
Navigating complex investment strategies requires more than a brochure.
SEBI-Registered Due Diligence
Every SIF manager on our panel is SEBI-registered. We independently verify track records, drawdowns, and strategy discipline before recommending any fund.
Risk-Adjusted Selection
We don't just chase returns. We analyse Sharpe ratio, max drawdown, and tail risk to ensure the return profile matches your actual risk tolerance.
Portfolio Construction Guidance
SIF allocations are positioned alongside your mutual funds, PMS, and direct equity to build a genuinely diversified overall portfolio.
Full Transparency & Reporting
Monthly NAV statements, quarterly fund manager calls, and consolidated MIS reports so you always know exactly where your money is and how it's performing.
Our Process
From Eligibility to First Statement
A structured five-step onboarding that ensures you invest in the right strategy — with full understanding and ongoing support.
Suitability & KYC Assessment
We verify your accredited investor status (net worth ≥ ₹5 Cr or income ≥ ₹50 L) and assess your risk appetite, liquidity needs, and existing portfolio.
Strategy Selection
We match you with the SIF strategy — long-short, quant, credit, or real assets — that best complements your existing holdings and return objectives.
Fund Manager Introduction
You get direct access to the fund manager for a strategy walkthrough, Q&A, and portfolio discussion before committing capital.
Subscription & Documentation
We handle all PPM review, subscription agreements, beneficial ownership forms, and FATCA declarations end-to-end.
Ongoing Monitoring
We track NAV, drawdowns, and strategy adherence monthly — and flag any material deviations so you're never caught off-guard.
Common Questions
SIF Explained Without Jargon
Straightforward answers to the questions every new SIF investor asks.
*Target returns are indicative based on strategy backtests and historical performance and are not guaranteed. SIF investments are subject to market risk. SEBI registration does not guarantee returns. Please read all scheme-related documents carefully before investing.