Grip Logo
Home>
Specialised Investment Fund
Top

Specialised Investment Fund (SIF)

Invest in SEBI-regulated Specialised Investment Funds (SIFs), get AIF-style strategies with Mutual Fund-style convenience, starting at INR 10 lakh

SIF_on_Grip
  • SEBI-Regulated
  • Diversified Allocation
  • Professionally Managed
AT A GLANCE
Investing With Grip
₹4,000 Cr+
Investments Enabled
₹100
Min. Investment on Grip
61,000+
Investors
SIF EXPLAINED SIMPLY

What Are SIFs?

  • What It Is: A Specialised Investment Fund (SIF) is a SEBI-regulated product from mutual fund houses that can use strategies mutual funds cannot.

  • The Gap: Before SIFs, investors could choose mutual funds from INR 100, PMS from INR 50 lakh or AIF from INR 1 Cr, with no regulated fund option in between.

  • Why SEBI Introduced SIFs: In 2025, SEBI created SIFs to offer advanced investment strategies in a regulated format, at a much lower entry point than PMS or AIF.

  • Best Of Both: SIFs combine AIF-style strategies with mutual fund simplicity: pooled investing, daily NAVs, ease of redemption and SEBI oversight.

  • Growing Fast: According to AMFI, SIF assets crossed INR 30,000 crore by Sep 2026, up from INR 2,010 crore in October 2025.

  • Leading Fund Houses: 17+ fund houses now offer SIFs, including Edelweiss MF, SBI MF, ICICI Prudential MF, HSBC MF and Quant MF.

gripFDworks
MF
fdWorks
SIF
Best Suited For
Investors seeking simple strategies at small ticket sizes
Investors seeking advanced strategies in a regulated structure
Minimum Investment
INR 100
INR 10 lakh
Structure
Pooled
Pooled, under mutual fund regulations
Use of Derivatives
Generally used for hedging only
Allowed, including unhedged shorts (up to 25%)
Liquidity
Any business day (open-ended)
Daily or on set days, depending on the SIF
Taxation
Only when you redeem
Only when you redeem
Cost
Expense ratio, within SEBI limits
Expense ratio, within SEBI limits
LIVE SIF INVESTMENT OPPORTUNITIES ON GRIP INVEST
Explore SIFs From Leading AMCs And Start Investing Today

BENEFITS OF INVESTING IN SIF

Why Invest In Specialised Investment Funds?

grip

Advanced Strategies, Easy Access

Long-short and dynamic strategies, once mostly limited to AIFs, are now available through SIFs.

grip

A Smaller Entry Ticket

Start with INR 10 lakh, compared with INR 50 lakh for PMS and INR 1 crore for AIFs.

pp-diversification

Ready For Rising And Falling Markets

SIFs can take limited short positions, giving fund managers more ways to respond when markets fall.

grip

No Tax Bill On Every Trade

Similar to Mutual Funds, trades inside the fund don’t create a tax liability for you; capital gains are taxed when you redeem.

liquidity and flexibility

Tax Friendly

Since units of a SIF are listed, even hybrid funds with meaningful allocation to bonds and other fixed-income instruments enjoy 12.5% LTCG after 1 year of holding.

Previous
Next

How to Invest?

It’s really simple with Grip

Find Your Deal
Investment Process
Visualize Returns
01.

Explore curated investment opportunities process

Find
your deal

Unique investment opportunities qualified through rigorous due diligence

02.

Complete KYC and investment process

Complete
KYC &
Investment

Seamless digital KYC, e-sign and payment experience

03.

Earn fixed returns with Grip

Returns per
pre-decided
schedule

Track your portfolio seamlessly while earning fixed returns

KNOW BEFORE YOU INVEST
Risks To Know Before Making A SIF Investment
  • Market Ups And Downs: SIF values can fall when equity, debt or other markets move unfavourably, and you may lose capital.
  • Short Positions Can Backfire: If markets move against the fund’s short or derivative positions, losses can grow faster.
  • Bond-Related Risks: In debt and hybrid SIFs, rating downgrades, defaults or rising interest rates can reduce bond values.
  • Limited Exit Windows: Some SIFs allow redemptions only on set days or after a notice period, which can delay access to your money.
  • Tax Rules Can Change: Your tax depends on how the strategy is classified, and tax laws may change over time.
logo

OTHER OFFERINGS

Other Secured Fixed-Income Products By Grip Invest

Corporate Bonds

Corporate Bonds

  • Securities issued by corporates & NBFCs
  • Up to 12.5% pre-tax YTM
  • Start investing with Rs 1,000
  • Exchange listed and credit rated
InvoiceX

InvoiceX

  • Loans backed by Invoice Discounting
  • Up to 14% pre-tax YTM
  • Start investing with Rs 1,00,000
  • SEBI/RBI compliant and credit rated
LoanX

LoanX

  • Diverse pool of loans from top NBFCs
  • Up to 14% pre-tax
  • Start investing with Rs 1,00,000
  • SEBI/RBI compliant and credit rated
Baskets

Baskets

  • Theme based investing
  • Up to 14% pre-tax YTM
  • Start investing with Rs 5,000
  • SEBI/RBI compliant and credit rated
Corporate FDs

Corporate FDs

  • High Yield Fixed Deposit Investments
  • Up to 10% pre-tax
  • Start investing with Rs 1,000
  • SEBI/RBI compliant and credit rated
Previous
Next

FOR YOUR KNOWLEDGE

How To Evaluate A Specialised Investment Fund?

  • Know The Strategy: Each SIF can have a different investment strategy. Check what the SIF invests in and how it uses long and short positions in different markets.
  • Check Manager Record: Look at the fund manager’s and AMC’s experience, especially with derivatives and long-short strategies.
  • Liquidity Terms: Check whether the SIF is open-ended or interval-based, how often redemptions are available and whether investors need to provide advance notice.
  • Risk Lens: Compare the SIF’s risk-band (level 1 to 5) with its benchmark’s risk-band and your own risk appetite.
  • Cost And Tax: Review the expense ratio and exit load, and the strategy's tax classification, which decides whether long-term gains are taxed at 12.5% or slab rates.

Some of our partners

ashika_group
HSBC
Insurance dheko
mobikwik
paisa bazaar
stashfin
tata neu
bajaj_logo.webp
shriram_logo
suryoday_deallogos
Uniti_logo

Insightful Videos

Learn More About Investing In SIFs - Check Out Our Videos

Why Is Hybrid Long-Short SIF the Most Popular SIF in India?

Explore Tax-Friendly Investing With Altiva Hybrid Long-Short SIF | Grip Invest

Grip Invest Webinar: A New Tax-Friendly Investment - Altiva Hybrid Long-Short SIFs

To help you

Frequently Asked Questions

What is the difference between a SIF and a mutual fund?

A SIF offers more strategy flexibility than a conventional mutual fund, including permitted unhedged short derivative exposure. Both are pooled products within the mutual fund framework, but SIFs have a higher entry threshold and relatively higher risk.

The minimum investment in SIF is INR 10 lakh at PAN level across strategies of a particular SIF. Accredited investors are exempt from this minimum threshold. Once the minimum is met, you can make additional investments or start a SIP in smaller amounts starting from INR 1,000.

Not always. Redemption frequency depends on the strategy. Some allow daily redemptions, while others offer set redemption days, such as weekly or twice a week, and may require a notice period of up to 15 working days.

To invest in SIF funds in India through Grip Invest, explore the available SIF strategies and review their mandate, risk and liquidity terms. Complete the required KYC and onboarding steps before placing the investment.

A SIF does not pay tax on its own gains. You pay tax only when you redeem your units, and the rate depends on the type of strategy:

  • Equity-oriented (65% or more in equity):
    • 20% on gains if you redeem within 12 months.
    • 12.5% on gains after 12 months, and the first INR 1.25 lakh of gains each year is tax-free.
  • Hybrid (less than 65% each in equity and debt):
    • Short-term gains are taxed at your income tax slab rate.
    • Long-term gains are taxed at 12.5%.
  • Debt-oriented (65% or more in debt):
    • Taxed at your slab rate, however long you hold.

Check the strategy's ISID for its tax classification and holding period.

(As per tax rules for FY 2026-27. Please consult your tax advisor for your specific investment.)

TESTIMONIALS

Wall of Love @ Grip

Aditya Patra
Aditya PatraAM Marketing - Digital Growth Hackers
Aditya Patra on social media

The OG of alternative investment in India! I've invested in multiple deals on Grip and their track record has been 100% till date. If tax free monthly lease income is what you are searching for then Grip invest is your answer.

Anish Malpani
Anish MalpaniFounder - Ashaya
Anish Malpani on social media

I really love how simple it is to make investments through Grip. And they are so transparent - love it!

Ripul Chhabra
Ripul ChhabraMD - Techwink Services
Ripul Chhabra on social media

Grip Investment is a great option for people who want to invest their money. The site has multiple investment options and high returns. I was looking for a place where I could invest my money in other than the stock market, but didn't have any experience with investing before so this was very helpful. They explain everything you need to know about multiple investing options and how they work which makes it easier to understand what you're doing when investing your money other than stock market.

Sameer Pitalwalla
Sameer PitalwallaHead of Gaming, APAC, Google Cloud - Google
Sameer Pitalwalla on social media

Grip’s deeply researched instrument offers a great ROI, through a seamless, low friction interface that’s a delight to use and easy to track. It’s excellent post-tax returns offer a unique combination of a yield that’s similar to equity with the risk profile of debt.

Jimish Shah
Jimish ShahProduct Manager - Amazon Web Services
Jimish Shah on social media

I truly think you and your team have figured out a very interesting model and the best part is its transparent, frictionless and dead simple. Great job!

Nishant Gandhi
Nishant GandhiVP & Head of Research & Business Development - ALARGAN
Nishant Gandhi on social media

I am glad that I was introduced to Grip by a friend. I was looking to diversify my investment portfolio but was always concerned about volatility in the equity markets. Grip provides a safe investment option by way of lease rental and assured returns, and the opportunities are for reputed businesses. It has helped me as a retail investor to become a direct participant in the growth story of companies that I admire & believe in. A special word of appreciation for my RM. He is very patient and proactive. He has been able to clarify all my doubts and is well versed with the investment process and landscape.

Tanmay Purohit
Tanmay PurohitDigital Transformation - Aster DM Healthcare
Tanmay Purohit on social media

Grip solves a very real problem for people who don't have a lot of capital but still want to invest in high-value, high-growth assets. Brilliant concept, awesome team and a very interesting value proposition. All the best!

Abhas Mittal
Abhas MittalEngineering Lead - Flyhomes
Abhas Mittal on social media

I was comparing returns with MF and GRIP provided higher ROI. One feedback would be to give an option to reinvest the EMIs.

Aditi Gupta
Aditi GuptaSenior Associate - Cyril Amarchand Mangaldas
Aditi Gupta on social media

Participated in Grip’s first furniture investment, providing return of 21%, delivered timely in monthly installments. I was looking for a tailored investment advisory and the team delivered an exemplary customer experience with various options for portfolio diversification. Highly recommended as an easy, secure and trustworthy investment portal!

Jeevan Jyoti
Jeevan JyotiOBIEE Developer - Oracle
Jeevan Jyoti on social media

Simplified and transparent. Grip has provided alternate solutions than FD and Mutual Funds which were not available for retail investors like me. Investment are backed with assets which minimize risks.

Grip(R) (1).svg
Grip Invest is a SEBI-regulated platform for high-yield, fixed income investments like Corporate Bonds, SDIs and Fixed Deposits. Our mission is to enable all Indians to invest in regulated, curated, diversified opportunities offered at Grip Invest.
headquarter_logo
Grip Broking Pvt. Ltd. (U67120DL2023PTC410290) Member of NSE- SEBI Registration No.: INZ000312836
NSE Member Code: 90319 | Registered Office: Flat No. 106, II Floor, New Asiatic Building, H Block, Connaught Place, New Delhi-110001 Compliance Officer: Ms. Jyotsna, Contact No.: 93555 90389, email Id: complianceofficer@gripinvest.in
Quick Links
Bond Directory
FAQs
How to Invest?
Blogs
Investor Corner
Glossary
Mail Us
invest@gripinvest.in
Find Us
Grip Instagram
Grip LinkedIn
Grip Facebook
Grip Twitter
Grip Youtube

Grip Broking Private Limited (U67120DL2023PTC410290), Member of NSE- SEBI Registration No.: INZ000312836, DP Reg. No.: IN-DP-809-2025, NSDL DP ID: IN304877, NSE Member Code: 90319  
Grip Broking is an AMFI Registered Mutual Fund Distributor. ARN - 315995. Initial date of registration for ARN-315995 is 03-Dec-2024 and the current validity of the ARN is 02-Dec-2027.  
Registered Office: Flat No. 106, II Floor, New Asiatic Building, H Block, Connaught Place, New Delhi-110001  
Corporate Office: 2nd Floor, OCUS Technopolis Building, Golf Course Rd, Sector 54, Gurugram, Gurgaon-122002, Haryana  
Compliance Officer: Ms. Jyotsna; Contact No: +91 93555 90389; Email id: complianceofficer@gripinvest.in  
Fixed returns do not constitute guaranteed or assured returns. Investments in corporate debt securities, municipal debt securities/securitised debt instruments are subject to credit risks, market risks and default risks including delay and/or default in payment. Read all the offer related documents carefully. 
Mutual Fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance of the schemes is neither an indicator nor a guarantee of future performance.
Investments in Specialized Investment Fund involves relatively higher risk including potential loss of capital, liquidity risk and market volatility. Please read all investment strategy related documents carefully before making the investment decision.

Procedure to file a complaint on SEBI SCORES- (i) Register on SCORES portal (ii) Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID (iii) Benefits: Effective communication, Speedy redressal of the grievances  
i. Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Prevent Unauthorized Transactions in your demat account Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day.

ii. There is no need to issue a cheque. Please write the Bank account number and sign the IPO application form to authorize your bank to make payment in case of allotment. In case of non allotment the funds will remain in your bank account. Issued in the Interest of Investor. Investments in securities market are subject to market risks; read all the related documents carefully before investing.

iii. KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP etc.), you need not undergo the same process again when you approach another intermediary.

iv. Investor awareness on fraudsters that are collecting data of customers who are already into trading on Exchanges and sending them bulk messages on the pretext of providing investment tips and luring them to invest with them in their bogus firms by promising huge profits.

v. Advisory for investors - Clients/investors to abstain them from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc.

Fixed Deposits are not exchange traded products and Grip is merely a distributor of Fixed Deposits.  
      
Attention Investors:   
1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020.  
2. Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from the depository on your email id and/or mobile number to create a pledge.   
3. Check your securities/bonds in the consolidated account statement issued by NSDL/CDSL every month. .......... Issued in the interest of Investors  
SEBI: https://www.sebi.gov.in | NSDL: https://nsdl.co.in | CDSL: https://www.cdslindia.com | NSE: https://www.nseindia.com | BSE : https://www.bseindia.com | SMART ODR PORTAL: https://smartodr.in/login | SCORES 2.0: https://scores.sebi.gov.in | Sitemap | Project Jagrook by SEBI 

Terms & Conditions
Privacy Policies
Investor Corner
Contact Us
Made with love in India | Copyright © 2026
, Grip