Equity Long-Short
Equity strategies that can take limited short positions to manage downside.
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Specialised Investment Funds (SIF)
SEBI's new investment category, sitting between mutual funds and PMS, with more flexible strategies for investors putting in ₹10 lakh or more.
Overview
What is Specialised Investment Funds?
Specialised Investment Funds are a SEBI-regulated product category launched under the mutual fund framework. They are offered only by eligible AMCs, under a separate SIF brand, and are meant for investors who want differentiated strategies with the governance of a mutual fund.
Unlike regular mutual funds, SIF strategies may take limited unhedged short positions through derivatives and follow long-short or more concentrated approaches, within the limits SEBI prescribes.
Options
Types & strategies
Equity Ex-Top 100 Long-Short
Long-short strategies focused beyond the largest 100 stocks.
Sector Rotation Long-Short
Rotation across sectors with limited short exposure.
Debt Long-Short
Fixed-income strategies with interest-rate positioning.
Sectoral Debt Long-Short
Debt strategies concentrated in chosen sectors.
Hybrid / Active Asset Allocator
Multi-asset long-short strategies across equity, debt and other assets.
How It Works
Ways to invest
Lump Sum
Invest the ₹10 lakh minimum, or more, in one go.
SIP / STP
Where the strategy allows, after the minimum threshold is met.
Redemption
As per the strategy's stated frequency and notice period.
Statements
Reported through your CAS, like mutual funds.
Our Role
How we help
- 01Check eligibility and the ₹10 lakh threshold
- 02Compare available SIF strategies and their risk bands
- 03Explain redemption terms, costs and commission
- 04Complete the investment and track it with your mutual fund portfolio
Key risks to understand
- Derivative and short-selling risk can amplify losses.
- Strategies are newer and have shorter track records.
- Liquidity may be restricted compared with open-ended mutual funds.
- Read each strategy's Investment Strategy Information Document carefully.
Have questions about whether this suits you?
Book A Portfolio ConsultationMutual Fund investments are subject to market risks, read all scheme related documents carefully.
Pritesh Kakani (trading as Kakani Financial Services) is an AMFI-Registered Mutual Fund Distributor, ARN-373766, EUIN E717134. We are not a SEBI-Registered Investment Adviser. Any guidance provided is incidental to distribution. SIFs carry higher risk than regular mutual funds, including derivative exposure. Past performance is not indicative of future returns, and returns are not guaranteed.