A nudge to deepen India’s corporate bond market is here, with the Securities and Exchange Board of India (Sebi) introducing a new asset class called Specialised Investment Funds (SIFs). The minimum investment threshold for SIFs has been set at Rs 10 lakh.
While SIFs are expected to focus on potential equity investments and related strategies, they could also draw investors with a higher risk appetite in debt or credit investments.
Investments in credit-focussed alternative investment funds (AIFs) have increased in recent times because of demand for higher risk-adjusted returns. Total AIF investments in debt and securitised debt reached Rs 1.14
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