isif Equity Ex-Top 100 Long-Short Fund10.0200-1.38%1Dqsif Equity Ex-Top 100 Long-Short Fund10.9745-2.25%1Dwsif Equity Ex-Top 100 Long-Short Fund10.1503-2.06%1DArudha Equity Long-Short Fund9.9350-1.35%1DDiviniti Equity Long Short Fund857.5787-1.55%1DDynaSIF Equity Long - Short Fund10.0615-1.25%1DSapphire Equity Long-Short SIF940.4646-1.74%1Dqsif Equity Long Short Fund10.6329-2.29%1Dwsif Equity Long-Short Fund9.8760-1.94%1DTitanium Equity Long-Short Fund10.0338-1.58%1Dqsif Sector Rotation Long-Short Fund10.0881-1.88%1Disif Hybrid Long-Short Fund10.1731-1.63%1DDynaSIF Active Asset Allocator Long-Short Fund10.3945-0.03%1Dqsif Active Asset Allocator Long-Short Fund12.7076-1.37%1DAltiva Hybrid Long-Short Fund10.8709-0.67%1DApex Hybrid Long-Short Fund10.7074-0.36%1DArudha Hybrid Long-Short Fund10.3930-0.03%1DMagnum Hybrid Long Short Fund10.2425-0.66%1Dqsif Hybrid Long-Short Fund12.7387-0.94%1DTitanium Hybrid Long-Short Fund9.8000-0.89%1DArthaya Equity Long Short Fund9.7395+0.15%1Disif Equity Long-Short Fund10.4300-2.07%1Disif Active Asset Allocator Long-Short Fund10.2423-0.14%1DAltiva Equity Ex- Top 100 Long - Short Fund10.4485-1.92%1DPlatinum Hybrid Long-Short Fund9.9900-0.46%1DRedHex Hybrid Long-Short Fund10.2071-0.17%1DDynaSIF Equity Ex-Top 100 Long - Short Fund11.1153-2.10%1DINFINITY HYBRID LONG-SHORT FUND10.3190-0.47%1DPrism Hybrid Long-Short Fund10.2179-0.19%1DSummit Equity Long-Short Fund10.0400-2.14%1DApex Equity Ex-Top 100 Long-short Fund10.0000-0.50%1DApex Equity Long-Short Fund9.8200-0.91%1DMagnum Equity Ex-Top 100Long Short Fund9.6548-2.34%1DAltiva Equity Long-Short Fund9.9000-1.51%1Disif Equity Ex-Top 100 Long-Short Fund10.0200-1.38%1Dqsif Equity Ex-Top 100 Long-Short Fund10.9745-2.25%1Dwsif Equity Ex-Top 100 Long-Short Fund10.1503-2.06%1DArudha Equity Long-Short Fund9.9350-1.35%1DDiviniti Equity Long Short Fund857.5787-1.55%1DDynaSIF Equity Long - Short Fund10.0615-1.25%1DSapphire Equity Long-Short SIF940.4646-1.74%1Dqsif Equity Long Short Fund10.6329-2.29%1Dwsif Equity Long-Short Fund9.8760-1.94%1DTitanium Equity Long-Short Fund10.0338-1.58%1Dqsif Sector Rotation Long-Short Fund10.0881-1.88%1Disif Hybrid Long-Short Fund10.1731-1.63%1DDynaSIF Active Asset Allocator Long-Short Fund10.3945-0.03%1Dqsif Active Asset Allocator Long-Short Fund12.7076-1.37%1DAltiva Hybrid Long-Short Fund10.8709-0.67%1DApex Hybrid Long-Short Fund10.7074-0.36%1DArudha Hybrid Long-Short Fund10.3930-0.03%1DMagnum Hybrid Long Short Fund10.2425-0.66%1Dqsif Hybrid Long-Short Fund12.7387-0.94%1DTitanium Hybrid Long-Short Fund9.8000-0.89%1DArthaya Equity Long Short Fund9.7395+0.15%1Disif Equity Long-Short Fund10.4300-2.07%1Disif Active Asset Allocator Long-Short Fund10.2423-0.14%1DAltiva Equity Ex- Top 100 Long - Short Fund10.4485-1.92%1DPlatinum Hybrid Long-Short Fund9.9900-0.46%1DRedHex Hybrid Long-Short Fund10.2071-0.17%1DDynaSIF Equity Ex-Top 100 Long - Short Fund11.1153-2.10%1DINFINITY HYBRID LONG-SHORT FUND10.3190-0.47%1DPrism Hybrid Long-Short Fund10.2179-0.19%1DSummit Equity Long-Short Fund10.0400-2.14%1DApex Equity Ex-Top 100 Long-short Fund10.0000-0.50%1DApex Equity Long-Short Fund9.8200-0.91%1DMagnum Equity Ex-Top 100Long Short Fund9.6548-2.34%1DAltiva Equity Long-Short Fund9.9000-1.51%1D
SIFcase
SIF 101›Liquidity, Redemption, and Exit Terms in SIFs: What to Expect

Liquidity, Redemption, and Exit Terms in SIFs: What to Expect

1 min read
·7 July 2026

Not All SIF Strategies Are Structured the Same Way

Unlike most equity mutual funds, which are open-ended, SIF strategies can be structured as open-ended, interval, or close-ended schemes, depending on what suits the underlying strategy. A strategy holding highly liquid, exchange-traded instruments may reasonably be open-ended, while one holding less liquid debt or running longer-duration positions may suit an interval or close-ended structure.

Structure and Liquidity at a Glance

Structure

Redemption Access

Best Suited For

Open-ended

Regular (daily/weekly), subject to notice period

Strategies using liquid, exchange-traded instruments

Interval

Fixed windows (e.g., monthly/quarterly)

Strategies needing periodic liquidity management

Close-ended

Fixed maturity; exit mainly via stock exchange listing

Less liquid or longer-duration strategies

Redemption Frequency and Notice Periods

Redemption frequency for SIF strategies can vary — daily, weekly, monthly, or quarterly — and notice periods of a defined number of working days may apply before a redemption request is processed. This is a meaningful departure from the near-instant redemption experience many investors expect from standard equity or debt mutual funds.

Listing Requirements and Planning Your Liquidity Needs

To provide an alternative exit route, SEBI requires close-ended and interval SIF strategies to be listed on stock exchanges, though exchange liquidity can be thin and the traded price may differ from NAV. The practical takeaway: never assume a SIF behaves like a typical open-ended mutual fund for accessing your money.

  • Map your likely liquidity needs over the next 1–3 years.

  • Match them against the specific strategy's redemption frequency, notice period, and listing status in its ISID.

  • Keep money you may need on short notice out of strategies with longer notice periods or close-ended structures.

With liquidity mapped out, the next consideration is how SIF investments are actually taxed.

Test your knowledge

Question 1 of 4

1. Which structures can SIF strategies use?