SEBI loosens the screws on SIFs

Imagine being so high-maintenance that your launch party gets rescheduled because the dress code wasn't clear. That's basically what happened with Specialised Investment Funds (SIFs). These SEBI-approved, high-net-worth investor vehicles were all set to debut in April 2025 - but before the first fund could even strut down the runway, SEBI had to fix a few wardrobe malfunctions. Now, thanks to a timely clarification from the regulator, fund houses can finally prep their fancy new products without tripping over red tape.