SIF- Everyone is now about SIP. Some people also invested on it. But do you know, a new tool for investing in the stock market has come into the market? We are talking about Specialized Investment Fund i.e. SIF. SEBI has given approval to Quant Mutual Fund to launch SIF. With this, it will be the first Indian company to launch this fund.
Quant Mutual Fund posted on X, “The company has received approval to launch India’s first short fund in the SIF category.” The company can launch this fund in August i.e. this month. Even though the option of SIF is coming in the market, it is unlikely that this new investment tool will have any impact on the popularity of SIP.
What is SIF?
Till now, the method of investing in the market through Mutual Funds and Portfolio Management Services (PMS) was quite popular. While small investors used to invest through Mutual Funds, rich people used to invest through PMS. But among all these, there were some investors who had a good amount of money and their risk taking capacity was a little more than Mutual Fund investors. Keeping these investors in mind, SEBI has started SIF. Let us tell you, investment in SIF is done with a little more focus. But the risk in it is also more.
What are the rules of SIF?
If a person wants to invest in SIF, then he has to invest at least Rs 10 lakh in it. SIF is based on open-ended, closed-ended and interval-ended. Investors will have the option to decide the time frame themselves. Let us tell you, there will be more freedom here as compared to mutual funds. SIFs are designed for investors who want more options, more control over their funds and greater opportunities.
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