New Delhi, Nov. 4 -- Axis Mutual Fund, which was one of the early movers in the specialized investment fund (SIF) space, is planning to roll out its first fund in the category in the next two months.

Despite being one of the first fund houses to signal intent in the SIF space, Axis MF has trailed its peers in launching its product, making this announcement the first real sign of momentum in its SIF plans.

The Securities and Exchange Board of India (Sebi) introduced SIF, a product to bridge the gap between retail-focused mutual funds and portfolio management services that target the rich, in February.

The fund house hired Nandik Mallik to head its equity and hybrid SIF division in March and is yet to receive a licence to offer SIFs.

Ax...