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SIF vs. Others

Features Mutual Fund Schemes
(MFs)
Specialized Investment Funds
(SIFs)
Portfolio Management Services
(PMS)
Alternative Investment Funds
(AIFs)
Regulatory Oversight High High Moderate Moderate
Investment Flexibility Relatively Low Very High High Very High
Minimum Investment ₹500 onwards ₹10 lakhs* ₹50 lakhs ₹1 crore
Target Investors Retail, HNI, Institutional HNI, Institutional HNI, Institutional Sophisticated HNI, Institutional
Strategies Primarily Long-only Long-Short Tailored (Long-Only) Diverse (PE, Hedge Funds)
Transparency High High Moderate Moderate

* Not applicable to the following accredited investors:

* Individuals, HUFs and Family: Annual Income >= ₹2 crores OR Annual income > ₹1 crore + Net Worth > (Financial Assets >= ₹2.5 crores) OR Net Worth >= ₹7.5 crores (Financial Assets >= ₹3.75 crores)

Trusts other than Family Trusts: Net Worth >= ₹50 crores

Body Corporates: Net Worth >= ₹50 crores

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Investments in specialized investment fund involves relatively higher risk including potential loss of capital, liquidity risk and market volatility. Please read all investment strategy related documents carefully before making the investment decision