With the nod of the Securities and Exchange Board of India (SEBI) earlier this year, a new investment vehicle – Specialised Investment Fund (SIF) – is set to enter the market. Positioned as a middle ground between mutual funds and portfolio management services (PMS), SIFs offer greater risk-taking potential and more sophisticated strategies within a regulated framework, targeting so-called ‘seasoned’ investors who can commit 10 lakh to start with.
My views on why it’s best not to rush for SIFs, were published in a column in Economic Times Wealth (Edition 28-Jul-2025). You can read the same via this link or in the image below:
