Specialised investment funds: How will they differ from mutual funds and PMS
Two major asset management companies—Mirae Asset and Edelweiss AMC—have launched new brands to offer Specialised Investment Funds (SIFs). Mirae’s “Platinum SIF” and Edelweiss’ “Altiva” aim to provide investors with sharper, theme-based portfolios. The new product class follows SEBI’s regulatory push for more flexible structures between mutual funds (MFs) and portfolio management services (PMS). But what