New Delhi, April 9 -- At least three new fund offers (NFOs) announced in early April under the specialised investment fund (SIF) framework, introduced by the Securities and Exchange Board of India (Sebi) last year, will add to a sharp surge in assets under management of these products.

The net assets under management (AUM) of this category, that is the total market value of all investments a fund manages including inflows, outflows, and changes in asset prices on a given date, have risen from Rs.2,010.44 crore at the end of October 2025 (when Amfi released SIF numbers after first launch in September) to Rs.9,710.87 crore at the end of February.

These will also give sophisticated investors a variety of options in the category, which was ...