Whalesbook
Securities and Exchange Board of India (SEBI) has introduced Specialized Investment Funds (SIFs) to serve the mass affluent segment, bridging the gap between mutual funds and PMS/AIFs. SIFs offer distinct risk-return profiles, notably permitting long-short strategies with unhedged derivative positions up to 25% of the portfolio, a feature absent in traditional mutual funds. Investors should evaluate these new options based on their strategy, risk appetite, and investment objectives, noting a minimum ticket size of ₹10 lakh.