SIFs are designed to improve risk-adjusted returns: Edelweiss' Bhavesh Jain

SIFs bridge the gap between mutual funds and PMS/AIFs, targeting investors with ₹10-50 lakh.

SIFs allow short positions up to 20-25% of AUM and use derivatives like covered calls, unlike traditional MFs.

SIFs have no fixed allocation requirements across large-, mid-, or small-cap stocks, offering greater flexibility.

Sebi has not allowed leverage in SIFs, reducing risk compared to leveraged products.

SIFs are designed to improve risk-adjusted returns and manage downside volatility better than long-only MFs.