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Plain-English definition

What is Specialised Investment Fund (SIF)?

A Specialised Investment Fund is a SEBI-regulated investment product category positioned between mutual funds and portfolio-management services.

Reviewed by Kshitij Jain, Principal Officer · SEBI Investment Adviser INA000022172 · Updated 24 October 2026

How Specialised Investment Fund (SIF) works

SIFs can use strategies and exposures not available in ordinary mutual-fund schemes and have a higher minimum investment requirement under the applicable framework. Greater flexibility can also mean greater complexity and risk.

An example

A household should treat the minimum ticket as an eligibility threshold, not evidence that the product deserves a place in the portfolio.

Why it matters for your family

Read the current offer document, strategy, liquidity, derivatives use, fees and risk disclosures before considering an SIF; the framework and product set can evolve.

Questions people ask

What does Specialised Investment Fund (SIF) mean?
A Specialised Investment Fund is a SEBI-regulated investment product category positioned between mutual funds and portfolio-management services.
Why does Specialised Investment Fund (SIF) matter for a family?
Read the current offer document, strategy, liquidity, derivatives use, fees and risk disclosures before considering an SIF; the framework and product set can evolve.
Where can I verify information about Specialised Investment Fund (SIF)?
Start with SEBI Investor, linked on this page, and the current official document for the product or tax year involved.

This page is general education, not personalised investment or tax advice. Rules can change; verify current official documents before acting. Investment in securities markets is subject to market risk.