Rise With Wise Choices
Designed to offer you clarity, confidence and control in a fast-changing world.
About WSIF
WSIF offered by The Wealth Company Mutual Fund, is a SEBI-regulated investment product under the Specialized Investment Fund (SIF) framework, aiming to offer flexibility, diversification, and a focus on risk-adjusted outcomes in line with the investment objectives.
Bridging the Gap Between Mutual Funds and PMS
Over the years, a gap has emerged between MFs and PMS in terms of portfolio flexibility, creating an opportunity for a new investment product. To bridge this gap, the SEBI (Mutual Funds) Regulations, 1996 have been amended to introduce the broad regulatory framework for the new investment product – Specialized Investment Fund.
SEBI circular dated February 27, 2025 on Regulatory framework for Specialized Investment Funds.
Key Features of WSIF
SIF offers a structured investment approach guided by defined processes, risk management principles, and applicable regulatory guidelines.
Advanced Investment Strategies
SIF structures allow equity, debt, and hybrid strategies that may include long-short exposure through derivatives.
Portfolio Flexibility
Investment strategies may include derivative exposure including short positions of up to 25% of net assets beyond hedging and rebalancing exposures.
Diversified Asset Exposure
Depending on the type of Strategy allocation may be across :
- Equities
- Debt instruments
- Equity and debt derivatives
- REITs / InvITs
Minimum Investment Threshold
The minimum investment amount for investors in SIF structures is ₹10 lakh across strategies at PAN level.
Regulatory Oversight
Specialized Investment Funds operate under the SEBI (Mutual Funds) Regulations, 2026 as amended to include the SIF framework.
Our Investment Strategies
WSIF Equity Ex-Top 100 Long-Short Fund
WSIF Equity Long-Short Fund
WSIF's QUBOID Approach To Investing
Q
Quantitative Validation
U
Underlying Growth Vectors/ Megatrends
B
Behavioural and Probabilistic Investing
O
Orthogonal Factors
I
Investment Hypothesis
D
Drawdown Control & Asymmetric Upside
Essence
Data-driven screening with an aim to build a high-quality investible universe
Focus on long-term multi decade megatrends shaping economic behaviour.
Prepare for multiple outcomes instead of one forecast.
Identify hidden value, catalysts, and special situations.
Clearly defined investment hypothesis for every portfolio constituent.
Risk limits are defined before return targets. Portfolio level Volatility and risk assessment.
Q
Quantitative Validation
Data-driven screening with an aim to build a high-quality investible universe
U
Underlying Growth Vectors/ Megatrends
Focus on long-term multi decade megatrends shaping economic behaviour.
B
Behavioural and Probabilistic Investing
Prepare for multiple outcomes instead of one forecast.
O
Orthogonal Factors
Identify hidden value, catalysts, and special situations.
I
Investment Hypothesis
Clearly defined investment hypothesis for every portfolio constituent.
D
Drawdown Control & Asymmetric Upside
Risk limits are defined before return targets. Portfolio level Volatility and risk assessment.
The above is the framework currently adopted by the fund and is subject to change in accordance with the provisions of the Information strategy information document (ISID) and depending on the market conditions.
Partner With Us
Because every great outcome starts with a great relationship.
SIFVSOthers
| Category | SIF | MF | PMS | AIF* |
|---|---|---|---|---|
| Minimum Investment | ₹10 lakh (Across SIF strategies) | ₹100 | ₹50 lakh | ₹1 crore |
| Taxation at Investor Level | Equity: LTCG at 12.5% (after 12 months), Debt: Slab rate Other: LTCG at 12.5% (after 24 months) | Equity: LTCG at 12.5% (after 12 months), Debt: Slab rate Other: LTCG at 12.5% (after 24 months) | Taxed in the hands of the investor at each transaction level | NIL |
| Taxation at Fund Level | Nil as per Section 10(23D) | Nil as per Section 10(23D) | Nil | At MMR of 42.7%^ |
| Leverage & Derivatives | No leverage permitted. Short exposure through unhedged derivative up to 25% + derivatives for hedging & rebalancing | No leverage permitted. Derivatives only for hedging & rebalancing | No leverage permitted. Derivatives only for hedging & rebalancing | Leverage permitted with exposure up to 200% |
- STCG for SIF and Mutual Fund: Equity (up to 12 months) - 20 percent; Debt - slab rate; Others (up to 24 months) - slab rate.
- Please consult a tax adviser for better understanding.
- *CAT III AIF assuming it will be a business income product.
Chief Investment Officer
Mr. Chinmay Sathe
Mr. Chinmay Sathe has over 2 decades of experience in Indian equity markets having worked across leading asset management and life insurance institutions including UTI Mutual Fund, Bajaj Allianz Life Insurance, DSP Merrill Lynch, and L&T Mutual Fund, giving him deep, hands-on exposure to Portfolio Management, Risk Frameworks, and Capital Allocation at scale.
He holds an Engineering degree from the Government College of Engineering, Pune (1999 Batch) and PGDM from IIM Lucknow (2004 Batch).
Videos
FAQs
Each product serves a different investor profile and offers different levels of flexibility:
- Mutual Fund: Long-only, fully regulated, no short selling, accessible to all retail investors
- PMS: Customised, direct stock ownership, ₹50L minimum, no short selling allowed
- AIF: Leverage and shorting permitted, complex structure, ₹1 Crore minimum, less liquid
- SIF: SEBI-regulated, allows limited shorting depending on investment strategy, ₹10L minimum subscription, ( Refer respective SEBI regulations for details)
SIFs provide sophisticated investors with access to strategies beyond traditional long-only mandates, while maintaining the robust governance of the mutual fund framework.
Over the years, a gap has emerged between MFs and PMS in terms of portfolio flexibility, creating an opportunity for a new investment product. To bridge this gap, the SEBI (Mutual Funds) Regulations, have been amended to introduce the broad regulatory framework for the new investment product – Specialized Investment Fund
While SIF is a newly introduced SEBI product category, the underlying strategy — equity long-short — is one of the most widely used strategies globally by hedge funds and institutional managers. The structure is backed by SEBI regulation and governed with the trustee, custodian, auditor, and daily business day NAV disclosure framework as mutual funds. It is a structural category.
If your investment value falls below ₹10 lakh because of market movements (this is called a passive breach), you have the following choices:
- Do nothing: You can continue holding your investment without taking any action.
- Top up: You may add more money to bring the investment value back above ₹10 lakh.
- Exit:. You shall only be permitted to redeem the entire remaining investment amount from the SIF.
There is no penalty and no compulsory top-up or exit just because markets have gone down.
