Specialized Investment Fund (SIF) SEBI-regulated, Between MF and PMS/AIF- Can be Start with 10 Lakhs

[hender]

Quant SIF .

 

[tachniki]

Quant SIF .

Quant seems to be only one with multiple SIFs.

 

[tachniki]

Altiva SIF is already 1000 cr in AUM. Too good for a 3 month scheme in totally new segment.

 

[hender]

Few days back, one esteemed Member asked me for my views on SBI Magnum SIF, hence created the thread for diversified opinion and counter point; and for more people who are interested;

Link of SBI Magnum SIF

Magnum SIF offered by SBIMF

www.sbimf.com

Update: Our UHNI TF member 's plan as of NOW, SIF is on hold, (till more funds are launched and the associated performance and market participation).

Plan now is;
25% in Nifty 50 ETF,
25% in Nifty Next 50 ETF,
25% in Gold ETF and balance
25% in Silver

 

[tachniki]

From what I read till now, I am almost convinced to try Altiva SIF. Only problem is that we can't try with a 1000 bucks. 😁 Mostly in January.

 

[hender]

From what I read till now, I am almost convinced to try Altiva SIF. Only problem is that we can't try with a 1000 bucks. 😁 Mostly in January.

10 Lakhs is Trial as well as Starting point ☝️...
What's the difference you analyse between
SBI Magnum SIF vs Altiva SIF??

 

[hender]

Few pointers Altiva SIF
1-Different Risk Bend in SID and Site for Altiva, SIF, ⁉️ in hybrid both are in Level 2.✅
2- Arbitrage(6.28 Mean Return) + Debt (Declining Return cycle) are core startegy

Special Situation upto 10%
(IPO Buyback etc are less allocation.)

 

[tachniki]

10 Lakhs is Trial as well as Starting point ☝️...
What's the difference you analyse between
SBI Magnum SIF vs Altiva SIF??

Both looks similar. But just thought going with Edelweiss. I have good investment in sbi mf already. So, just joining one more fund house.

Btw, exit load policy better with sbimf.

 

[tachniki]

Minimum 10L investment is requirement for poor people like me. If you are slightly rich for 3 years and get certified as SEBI accredited investor, you can get away without 10L minimum. 😁

 

[tachniki]

Good article https://www.tatamutualfund.com/blogs/specialized-investment-funds-sifs-investors-guide-india

Detail explanation of Altivs SIF https://www.edelweissmf.com/altivaSIF/docs/Altiva-Hybrid-Long-Short-Fund-presentation.pdf