New Delhi, Feb. 28 -- The Securities and Exchange Board of India (Sebi) is set to shake up the mutual fund space with a bold new category-specialized investment funds (SIFs).

What sets them apart, and how do they stack up against existing investment options? Here's a deep dive into everything you need to know.

What are SIFs?

SIFs are specialized investment funds. They are high-risk, high-return versions of traditional mutual funds. An SIF will have a minimum ticket size of Rs.10 lakh across all SIFs.

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For example, you can invest Rs.5 lakh in two different SIFs.

The SIF framework takes effect from 1 April 2025, with the Association of Mutual ...