Should you put Rs 10 lakh into a SIF? Here is how to decide
Should you put Rs 10 lakh into a SIF? Here is how to decide Gaurik Shah on what SIFs can do that mutual funds cannot, who they are designed for and what investors are getting wrong about the risk.

30-May-2026

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Should you put Rs 10 lakh into a SIF? Here is how to decide

Gaurik Shah on what SIFs can do that mutual funds cannot, who they are designed for and what investors are getting wrong about the risk.


SEBI has created a new investment category called the Specialised Investment Fund, or SIF. Most investors have never heard of it. In Episode 5 of The Systematic Edge, Gaurik Shah, fund manager at Mirae Asset Investment Managers India explains what SIF actually is, how it sits between mutual funds and AIFs and why the tax advantage alone makes it worth understanding. 

The conversation covers who SIF is designed for, what the Rs 10 lakh minimum signals, how non-linear market participation works in plain English and the one thing most investors will expect from SIF that it is unlikely to deliver.