INCOME TAX29 Sept 2026
Want SIFs in your portfolio? Should you invest directly or choose the new mutual fund PRIM route — experts explain | Mint
SEBI has introduced a new PRIM route, letting portfolio managers build professionally managed portfolios of mutual funds, SIFs and ETFs for investors, with a ₹25 lakh minimum. SIFs, or Specialised Investment Funds, can still be bought directly, with a ₹10 lakh minimum. Direct means you choose the strategy; PRIM means paying up to 1% for someone to decide the mix. Decide if you want that help.
Key Statutory Highlights
- SIFs are specialised investment funds that follow specific strategies, and you need a minimum investment of ₹10 lakh to buy them.
- Under PRIM, the portfolio manager invests in direct mutual fund plans and the investor pays a management fee of up to 1% of assets.
- The final regulations and circulars for PRIM are still to be notified, so investors should wait for that text before treating any structure as final.
Actionable Advice for Taxpayers / Founders:Check whether you want to pick and track strategies yourself or pay someone to do it. A direct SIF suits hands-on investors, while PRIM suits those wanting professional monitoring. Wait for the final PRIM regulations before locking in any structure.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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