Phase IFoundation
Background
Overview
UPSC cares about the evolution of financial markets, regulatory innovations by SEBI, and different investment avenues available to investors. SIFs represent a new product category with distinct features, impacting capital market dynamics and investor choices.
Specialised Investment Funds (SIFs) are a category of investment vehicles introduced by the Securities and Exchange Board of India (SEBI), positioned to bridge the gap between traditional mutual funds and Portfolio Management Services (PMS). They offer investors with significant financial wealth a more flexible investment approach than conventional mutual funds.