SBI MF is optimistic that SIF or Specialized Investment Funds could turn into a Rs 1 lakh crore category for the fund house within a year, as it looks to tap the growing retail appetite.

According to DP Singh, DMD and Joint CEO at SBI MF, as leaders, the AMC decided to take the lead in developing the category rather than wait for others to move first. While the initiative began with a conservative approach, Singh noted that it has a strong long-term potential. “It’s only a matter of time before this becomes a very large category. We began with small steps in the hybrid segment, but the opportunity is far bigger.”

Singh noted that the mutual fund industry continues to hold significant untapped potential, with the number of unique investors still hovering around five to six crore. As awar

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