Special Investment Funds (SIF)
A Specialised Investment Fund (SIF) is a new investment category introduced by Securities and Exchange Board of India (SEBI) to bridge the gap between traditional Mutual Funds and Portfolio Management Services (PMS). SIFs offer advanced investment strategies, greater portfolio flexibility, and professional fund management for sophisticated investors.
Generate returns through both rising and falling market opportunities using equity and derivative positions.
Invest in debt instruments with tactical long and short exposure.
Dynamically shift investments across sectors based on market opportunities.
Combination of equity and debt strategies with flexible allocation.
Dynamic allocation across equity, debt, REITs, InvITs, and other permitted asset classes.
| Feature | SIF | Mutual Fund | PMS | AIF |
|---|---|---|---|---|
| Minimum Investment | ₹10 Lakh | ₹500+ | ₹50 Lakh | ₹1 Crore |
| Portfolio Flexibility | High | Moderate | Very High | Very High |
| SEBI Regulation | Yes | Yes | Yes | Yes |
| Investor Type | Sophisticated Investors | Retail Investors | HNIs | HNIs & Institutions |
| Long-Short Strategies | Yes | Limited | Yes | Yes |
| Customisation | Moderate | Low | High | High |
| Tax Efficiency | Similar to Mutual Funds | Yes | Depends | Depends |
Specialised Investment Funds provide a unique middle ground between traditional Mutual Funds and PMS by combining:
making them an attractive option for sophisticated investors looking to diversify beyond conventional investment products.
E 478, Basement Rear Side GK II, Near By MTNL Office South Delhi, New Delhi, Delhi - 110048
011-2922 6675, 4056 2578, 4316 1087
services@gcicfinserve.com
GCIC Finserve Limited
AMFI Registered Mutual Fund Distributor and SIF Distributor; APMI Registered PMS Distributor
CIN: U74904DL2023PLC416135
AMFI Reg No.: ARN- 272705 | APMI Reg No. – APRN Code: APRN08140 | NSE NMF Membership: MFS272705 | BSE Member ID: 13032 | TAN: DELG29205B |
GST Identification Number: 07AAKCG5510E1ZV
