Dear Colleagues,
SEBI vide its circular dated 29th July 2025 has issued a framework to operationalize daily monitoring and enforcement of the ₹10 lakh minimum investment threshold in Specialized Investment Funds (SIFs). If an investor’s investment value falls below the threshold due to any transaction (including redemptions or transfers), all units held by the investor across SIF strategies will be frozen for debit, and a 30-day notice will be issued for rebalancing. If the investor fails to restore the threshold within the notice period, the AMC will automatically redeem the units at the applicable NAV. AMCs, RTAs, and Depositories are directed to implement necessary systems with immediate effect.
