What is a Specialised Investment Fund (SIF) and how is it different from mutual funds?

What Is a Specialised Investment Fund (SIF) and How Is It Different From Mutual Funds?

Specialised Investment Funds (SIFs) on FYERS are a separate investment category available under the Mutual Funds section. On FYERS, SIF orders are one-time (lump sum) purchases paid from your registered bank account via NetBanking.

Key Differences

AspectSIFMutual Funds
Where it appears in FYERSMutual Funds → SIF tabMutual Funds (main list)
Investment modeOne-time (lump sum) onlyAs offered by the scheme (e.g., one-time, SIP)
Minimum investment₹10 lakh (base minimum confirmed for SIF)As per the scheme’s minimum (shown on the fund card)
Payment modesNetBanking (choose your registered bank account)UPI or NetBanking
EligibilityHNI/accredited investorsStandard MF eligibility as per regulations; proceed if KYC-compliant
Allotment timelineTypically 3–5 working daysAs per the scheme/processing, follow the timeline shown after placing the order
ChargesIncludes fund’s expense ratio and stamp duty. No extra platform or transaction fees by FYERS.Includes fund’s expense ratio and stamp duty. FYERS doesn’t charge any platform or transaction fees.

Last updated: 27 Oct 2025

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