Specialised Investment Funds

SIFs Expand the Way Capital Can Be Allocated.

Specialised Investment Funds (SIFs) offer access to more sophisticated investment strategies for investors seeking greater flexibility, differentiated market exposure and portfolio precision beyond traditional mutual fund structures.

Talk to our RM about SIFs

Share a few details. Our wealth team will connect for a portfolio-context discussion around SIF strategy fit, eligibility, risk, and review cadence.

Why SIFs

Specialised Investment Funds introduce a new way to build portfolios.

Specialised Investment Funds (SIFs) are built for investors looking to add differentiated strategies alongside traditional mutual fund investments.

01

Navigate Different Market Conditions

Certain strategies can use limited short exposure within regulatory limits.

02

One Entry. Multiple Strategies.

Allocate the ₹10 lakh minimum across eligible SIF strategies within the same AMC.

03

Bridge Between Mutual Funds & AIFs

Access specialised strategies with a lower investment threshold than many Category III AIFs.

04

Multi-Asset Through One Strategy

Invest across multiple asset classes through a single investment strategy.

05

Strategy Built for Market Opportunities

Different strategies are designed for different market conditions and objectives.

06

Greater Portfolio Flexibility

Wider investment mandates allow more dynamic portfolio management.

The Choice Wealth Lens

A good strategy is easy to find. The right strategy takes research.

Choice Wealth combines in-house research with portfolio context to help identify where a Specialised Investment Fund (SIF) fits, which strategy deserves consideration and how it complements your existing investments.

Research-Led Strategy Selection

Our in-house research team evaluates SIF strategies beyond past performance.

Portfolio-First Thinking

Every SIF is reviewed in the context of your existing portfolio, not in isolation.

Beyond Product Comparison

Compare Mutual Funds, SIFs, PMS and AIFs based on portfolio role, not popularity.

Strategy Fit

Identify which investment strategy aligns with your objectives and risk profile.

Dedicated Wealth & Research Desk

Investment conversations are supported by both Relationship Managers and research specialists.

Review Through Market Cycles

Monitor whether the strategy continues to deserve its place in the portfolio.

SIF basics

What is a SpecializedInvestment Fund?

SIF is a SEBI-regulated investment product that offers eligible investors access to specialised investment strategies across equity, debt and multi-asset opportunities, supported by a broader investment toolkit and active portfolio management.

SEBI-Regulated₹10 Lakh Min InvestmentLong-Short StrategiesMulti-Asset Allocation
Compare correctly

Choosing the right investment route.

Mutual Funds, SIFs, PMS and AIFs each bring different strengths to a portfolio. The right choice depends on what you are trying to achieve, not on which product appears more advanced.

01

Mutual Funds

Better understood as

Core pooled market access

Suitable for

Broad participation, liquidity and disciplined investing

Learn More: Mutual Funds
02

SIF

Better understood as

Specialised strategy-led investing

Suitable for

Investors ready for more specialized strategies and higher risk understanding

03

PMS

Better understood as

Managed direct-equity portfolio route

Suitable for

High-value investors seeking manager-led portfolio construction

Learn More: PMS
04

AIF

Better understood as

Specialist pooled alternative strategy

Suitable for

Sophisticated investors seeking access beyond traditional equity and debt

Learn More: AIF
Strategy types

Different SIF strategies can behave very differently.

A SIF strategy should be reviewed by mandate, exposure, risk controls, liquidity and how it interacts with the rest of your portfolio.

01

Equity long-short

Typical role

Listed-market strategy with long and short exposure as per mandate.

What to review

Net exposure, derivatives use, drawdown and market-cycle behavior.

02

Hybrid long-short

Typical role

A mix of equity and debt exposure with strategy flexibility.

What to review

Asset mix, hedging approach, liquidity and risk behavior.

03

Sectoral or thematic

Typical role

Focused participation in specific themes or sectors.

What to review

Concentration, timing risk, overlap and exit discipline.

04

Debt or credit-oriented

Typical role

Income or credit-focused strategy exposure, subject to product terms.

What to review

Credit risk, duration, liquidity, issuer exposure and taxation.

Review framework

Seven checks that shape the right decisions.

We review the strategy through your portfolio context, not in isolation.

A wider toolkit

When Your Portfolio
Outgrows the Ordinary

FAQs

Questions investors ask
before considering SIFs.

Scroll through, each answer opens on its own as you move down the list.

01What is a SIF?

A Specialized Investment Fund is an AMC-led investment framework for advanced strategies. It is designed for investors who want to explore a more specialized product layer beyond regular mutual funds, subject to eligibility and product rules.

02Who can invest in SIFs?

SIFs are meant for investors who meet the required eligibility and minimum investment conditions. Investors should also be comfortable with higher strategy complexity, product-specific risks and document-led review before investing.

03What is the minimum investment for SIFs?

The minimum investment threshold is generally Rs. 10 lakh at PAN level across SIF strategies of an AMC, subject to applicable rules, exemptions and product terms.

04How is SIF different from mutual funds?

Regular mutual funds are generally meant for broad participation and diversified investing. SIFs are designed for more advanced strategies and may carry higher complexity, risk and eligibility requirements.

05How is SIF different from PMS?

PMS is a managed portfolio route that generally starts at a higher minimum investment threshold. SIFs may offer advanced strategy access through an AMC-led framework at a lower threshold, subject to rules and product terms.

06How is SIF different from AIF?

AIFs are privately pooled alternative investment vehicles for sophisticated investors and usually have a higher minimum investment threshold. SIFs are a separate framework for specialized strategies and should be compared by role, risk, liquidity and fit.

07What types of strategies can SIFs have?

SIF strategies may include structures such as equity long-short, hybrid long-short, sectoral or thematic strategies, and debt or credit-oriented strategies, depending on the product framework and AMC offering.

08Can NRIs invest in SIFs?

NRI eligibility depends on product terms, documentation, jurisdiction, tax and regulatory conditions. NRIs should review eligibility with the relevant AMC and qualified professionals before investing.

09How does Choice Wealth help with SIFs?

Choice Wealth helps investors review SIFs by portfolio role, eligibility, strategy type, risk, liquidity, fees, taxation, overlap and review cadence through an RM-led discussion.