n NISM Certifications
NSM General NISM
Medium

What is the primary positioning of Specialised Investment Funds (SIFs)?

Practice question from Advanced B1 S2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Between Mutual Funds and PMS/AIFs

    Correct answer

  2. B

    Replacement for fixed deposits

  3. C

    Purely debt-oriented products

  4. D

    Government-backed savings schemes

Why this is the answer

SIFs are designed to bridge the gap between traditional Mutual Funds and more sophisticated products like PMS and AIFs by offering greater flexibility within a regulated structure.

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