[Beta] SIFs (Specialized Investment Funds) are now live on Coin

[Ashish_Tyagi]

Can we pledge sif for trading margin ?

[Deepak_Kumar_Singh]

Hi @Ashish_Tyagi , Currently, SIF ISINs are not part of the clearing corporation’s approved collateral securities list and, hence, cannot be pledged for collateral margin.

You may refer to Zerodha’s approved securities list here for reference.

[Rajesh_Kumar4]

Hi, when can we expect qsif Active Asset Allocator Long-Short Fund in coin.

[Swapneel_Dey]

@Rajesh_Kumar4

Hi, when can we expect qsif Active Asset Allocator Long-Short Fund in coin.

Currently, Coin supports only open-ended Growth SIF schemes. Since the QSIF Active Asset Allocator Long-Short Fund is an interval scheme, it isn’t available on Coin at the moment. We’ll keep you posted if this changes in the future.

[Rajesh_Kumar4]

Thank you @Swapneel_Dey . Not only qsif asset allocator, I didn’t find any alternate asset allocator long short fund. Please support this as this is an alternative for multi asset long funds. Other platforms are supporting these.

[concorde24]

Similar request - looking forward for Hybrid long-short SIF and none of them are available in Coin as they are all Interval SIF. We have other platforms already supporting this like MFU, why cant we have this in Coin as well.

Main purpose i am looking for is tracking Stock/MF/SIF through same vendor and would not like to have to track via another app for interval SIF.

[Swapneel_Dey]

@concorde24

Similar request - looking forward for Hybrid long-short SIF and none of them are available in Coin as they are all Interval SIF. We have other platforms already supporting this like MFU, why cant we have this in Coin as well.

We have explained the limitations here:

@Deepak_Kumar_Singh

Interval SIFs are trade on exchange due to their restricted redemption windows. This creates a technical limitation where the scheme’s ISIN appears in both the Mutual Fund and Equity bhavcopies, preventing it from being simultaneously offered on both Coin and Kite.

Hence, open-ended SIFs are available on Coin, while interval SIFs can only be purchased through Kite via the secondary market, subject to the liquidity available in the instrument.

[Mub]

Is Zerodha working on to solve this technical limitation to offer interval SIF through COIN platform or shall we switch to other platforms. Kite is not a solution because it works only for secondary trades.

[Mehta_Parag]

Is Altiva Hybrid SIF support coming anytime soon ? Or we start moving to alternatives like Groww ? Please give clear answer. Groww/Dhan/IndMoney don’t have issues, BSE Star MF platform doesn’t have issues only zerodha is facing technical issues. Please communicate - is Altivate Hybrid SIF going to be supported anytime soon ? Yes or NO ?

[aashutoshg2007]

I have purchased Altiva nifty ex 100 SIF from coin app now I want to add more for small amount like 500/- , 5000/- but coin app give error message that minimum investment amount is 10,00,000/- and I have already purchased it. Now how to purchase for less amount?

[Neelesh]

@Mub

Is Zerodha working on to solve this technical limitation to offer interval SIF through COIN platform

Yes, we are workign on this.

@Mehta_Parag

Is Altiva Hybrid SIF support coming anytime soon ?

We will take a couple of weeks to fix this.

@aashutoshg2007

Altiva nifty ex 100 SIF from coin app now I want to add more for small amount like 500/- , 5000/- but coin app give error message that minimum investment amount is 10,00,000

This error should not occur, as per the exchange, whatever is the minimum additional amount, it can be used, please DM your ID will check this