Assets under management in Specialised Investment Funds reached ₹17,858 crore in June 2026, marking a 29% rise from May. The growth was primarily driven by strong investor interest in hybrid strategies, which now account for 72% of the total industry size. This framework was introduced by SEBI last year to offer flexible options for sophisticated investors.
Specialised Investment Funds (SIFs) saw a sharp increase in assets to ₹17,858 crore by the end of June 2026, up from ₹13,814 crore in May. This growth reflects a rise in monthly investor inflows, which reached ₹3,782 crore compared to ₹1,396 crore in the previous month. The Securities and Exchange Board of India (SEBI) introduced this category in February 2025, positioning it as an alternative between standard mutual funds and Portfolio Management Services (PMS) to provide greater flexibility for sophisticated investors.
Hybrid Strategies Command Market Share
Hybrid investment strategies remain the most popular choice within this new category, holding a 72% share of total assets worth ₹12,822 crore. Within this group, hybrid long-short funds are the primary contributor, managing ₹11,910 crore of assets. These specific funds attracted ₹2,043 crore in June alone, showing a marked increase from the ₹707 crore recorded in May. Since October 2024, cumulative inflows into this strategy have reached ₹11,568 crore, signaling that these structures have become a core part of the product offering for many investors.
Equity Strategies and Wider Industry Context
Equity-focused strategies within the SIF framework account for the remaining 28% of assets, totaling ₹5,036 crore as of June 30. Inflows into these equity strategies climbed to ₹1,097 crore in June, rising from ₹652 crore in May. Since October 2024, total cumulative inflows across all SIFs have hit ₹17,407 crore.
This growth occurs alongside broader positive trends in the Indian mutual fund industry, which saw total assets under management reach ₹82.2 lakh crore in June. Retail participation also remained strong, with Systematic Investment Plan (SIP) contributions hitting a record ₹31,781 crore, bringing total SIP assets to ₹17.70 lakh crore across 10.52 crore accounts. While SIFs are designed for a more specific investor segment than traditional mutual funds, the data suggests that these specialized vehicles are gaining traction as part of a diversified approach to financial planning. Investors may track how these funds manage performance and cost structures as they scale, as these factors will influence whether the current inflow momentum continues in the coming quarters.