MUMBAI, April 15 -- A new class of high-ticket investment products, positioned for higher-risk investors, is drawing participation from cities beyond the top 30, early data shows.

SIFs, introduced by the Securities and Exchange Board of India (Sebi) in February 2025, were pitched as products for investors with a higher risk appetite than mutual funds, with a minimum ticket size of Rs.10 lakh.

About 53% of investors in Specialised Investment Funds (SIF) are from beyond the top 30 cities, or B30 locations, according to an analysis by Computer Age Management Services (CAMS). These regions account for roughly 33% of total SIF assets. By contrast, B30 locations contribute 18.9% of overall mutual fund assets, as per the Association of Mutual ...