
SIFs, a new asset class, allows investors to enhance returns, diversify risks
Source: Live Mint Discretionary portfolio managers have grown by ₹4.26 lakh crore since then. And even mutual fund investors have discovered the power of risk-adjusted returns through categories such as balanced advantage funds ( ₹2.9 lakh crore of assets under management) and multi-asset funds ( ₹4.33 lakh crore of AUM). The Securities and Exchange Board…