10 · SIF (SPECIALISED INVESTMENT FUNDS)
10 · SIF (SPECIALISED INVESTMENT FUNDS)
SEBI's Specialised Investment Fund (SIF) is a new category that sits between mutual funds and PMS — allowing sophisticated long-short and hybrid strategies at a ₹10 lakh minimum ticket. Both SIF strategies currently on the Centricity platform are shown below.
| Fund | Structure | AUM | Min | Redemption | Exit load | Mgmt fee |
|---|---|---|---|---|---|---|
| Edelweiss Altiva Hybrid Long Short | Hybrid long-short · equity + debt + overseas | ~₹7,010 Cr | ₹10 L | Twice a week (Mon & Wed) | 0.50% <90 days | 1.67% |
| Tata Titanium Hybrid Long Short | Hybrid long-short · equity / arbitrage / REIT-InvIT / fixed income | ~₹549 Cr | ₹10 L | Once a month (1st working day) | 1% <1 yr | 2.25% |
