Archive · 14 Jan 2026
SIFs gain traction with 20,779 folios in three months
Specialised Investment Funds (SIFs) are a new type of mutual fund in India that allow investors to take both long and short positions.
Since they were launched in September, over 20,000 investors have opened SIF accounts.
These funds require a minimum investment of Rs 10 lakh and are designed for wealthier investors.
The funds have grown quickly, with the total money invested rising from Rs 2,004 crore in October to Rs 4,892 crore by December.
Some mutual fund companies are excited about the new opportunities SIFs offer, while others are taking their time to build their capabilities before launching their own funds.
SIFs have seen 20,779 folios in three months, with significant growth in October and December.
SIFs require a minimum investment of Rs 10 lakh per investor.
Total AUM in SIFs rose from Rs 2,004.56 crore in October to Rs 4,892.32 crore in December.
Seven SIF schemes launched by the end of 2025 garnered an average of Rs 409 crore each during NFO.
Some mutual fund companies are excited about SIFs, while others are cautious and building capabilities before launching.
- Who
- Investors with moderate risk appetite and mutual fund companies launching SIFs.
- What
- Specialised Investment Funds (SIFs) have gained traction with 20,779 folios in three months.
- When
- Since mid-September 2025, with significant growth in October and December.
- Where
- In India.
- Why
- To bridge the gap between mutual funds and PMS in terms of portfolio flexibility.
Pro-SIF
Cautious-SIF
Market Readiness
Pro-SIF
Early launches provide comfort and track record for investors.
Cautious-SIF
Large mutual funds are building capabilities before launching SIFs.
- Number of SIF folios
- 20,779
- Minimum investment in SIFs
- Rs 10 lakh per investor
- Total AUM in SIFs (October end)
- Rs 2,004.56 crore
- Total AUM in SIFs (December end)
- Rs 4,892.32 crore
- Average NFO size for SIFs
- Rs 409 crore
- Average NFO size for traditional MFs (Oct-Dec)
- Rs 204 crore
- Top SIF launch (Magnum Hybrid Long-Short)
- Rs 1,127.6 crore
- Second top SIF launch (Altiva Hybrid Long-Short)
- Rs 613 crore
Sources
Parag Parikh, HDFC, Kotak dominate Rs 5.5 lakh crore flexi-cap market — here’s how these funds deploy AUM
Midcap, Smallcap Inflows Hit Record In 2025 Despite Muted Scheme Returns
SIF folios rise to 20,779 in three months
Gainers & losers in the December 2025 AMFI M-cap rejig
Mutual Fund SIP inflows rose to Rs 3.34L cr in 2025
