As per the SEBI framework for Specialized Investment Funds (SIFs), the minimum investment threshold of ₹10 lakh is monitored at the PAN level across all SIF strategies of the same AMC, rather than being applicable to each individual strategy.
However, on Coin, I am unable to invest across multiple SIF schemes of the same AMC. The platform appears to require a minimum investment of ₹10 lakh in a single SIF scheme. Can this be fixed?
Hi @SachinM , With the recent changes from AMCs around SIF investment strategies, we’re working on enabling investments across multiple SIF schemes from the same AMC, with the ₹10 lakh minimum being considered at the AMC level.
This will take some time to roll out, but the work is already in progress. We’ll keep you posted as we make this available.