Report shows new SIF category crossing ₹12,000 crore AUM in 7 months: Check top strategy

India’s newly introduced Specialised Investment Funds (SIFs) have crossed ₹12,000 crore in assets under management within months of launch, with hybrid long-short strategies accounting for nearly three-fourths of the category’s assets, according to a report by ValueMetrics Technologies.

Data compiled by the research firm, based on AMFI figures as of April 30, 2026, showed SIF assets rising to ₹12,329 crore in April from ₹2,010 crore in October 2025.

The report showed that hybrid investment strategies dominated investor allocations. Hybrid-oriented SIFs managed ₹9,155 crore, or 74% of total SIF assets, while equity-oriented strategies accounted for ₹3,174 crore, or 26% of the overall category.

Among individual strategies, hybrid long-short funds emerged as the largest segment with assets of ₹8,933 crore, contributing 72% of total SIF AUM. Equity ex-top 100 long-short funds managed ₹1,758 crore, while equity long-short funds accounted for ₹1,416 crore.

Investor participation in the category also continued to expand, with total folios reaching 50,096 by the end of April. Hybrid investment strategies accounted for 27,389 folios, while equity-oriented strategies had 22,707 folios.

The report suggested that the category remains tilted towards affluent investors. Average folio size across SIFs stood at ₹24.6 lakh, with active asset allocator long-short funds reporting average folio sizes of ₹47.5 lakh.

Monthly net inflows into SIFs stood at ₹1,219 crore in April. Hybrid investment strategies attracted ₹740 crore in net inflows during the month, while equity-oriented strategies received ₹478 crore.

The report also showed that debt-oriented long-short strategies have yet to see traction, with no schemes or assets reported in that segment so far.