New Delhi, April 12 -- 1. The Securities and Exchange Board of India (SEBI) has issued a comprehensive framework for Specialised Investment Funds (SIFs) through a recent circular, aiming to strengthen the alternative investment ecosystem in India. This initiative is part of SEBI's broader strategy to facilitate innovation and attract diverse investor participation in the Indian capital markets. SIFs are designed to cater to niche investment strategies and sectors such as social ventures, infrastructure, and other specific economic segments. The new framework outlines eligibility criteria, governance norms, compliance requirements, and disclosure obligations for entities operating as SIFs. It also emphasizes transparency, risk management, ...