SIFs: Everything you need to know before investing
Synopsis They were created for investors who have outgrown the standardised constraints of mutual fund categories but do not meet the Rs 50 lakh minimum
Synopsis They were created for investors who have outgrown the standardised constraints of mutual fund categories but do not meet the Rs 50 lakh minimum that portfolio management service (PMS) demands. The SIF entry threshold sits at Rs 10 lakh per investor. Here's a guide to the objective, strategy, risk band and red flags that separate a good SIF from a risky bet.
The BriefWire