Specialised investment funds vs mutual funds
Investors have a new choice in the investment space. But the question is not whether you should choose a Specialised Investment Fund, or SIF, over a mutual fund. The more relevant question is: what does an SIF do that a mutual fund cannot? That is where the difference lies.
SIFs were introduced by the Securities and Exchange Board of India (SEBI) as a product sitting between mutual funds and portfolio management services (PMS).
» Read more about: Specialised investment funds vs mutual funds »