India’s market regulator has received the first two applications for Specialized Investment Fund (SIF) and is likely to approve them in 10 days. This will introduce India’s first SIFs under a mutual fund framework, offering investors a new way to pursue sophisticated strategies. “SIFs offer sophisticated investors the freedom to pursue strategies across equities, debt, derivatives, and even private assets, all within a regulated fund structure,” says Swapnil Aggarwal, director, VSRK Capital.
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