SIF in Zerodha Coin?

It’s live on Coin now. :point_down:

@nithin_kumrr - thanks for the update. Glad that it’s finally live. Just wanted to check on funds like ‘Edelweiss Altiva’ or ‘SBI Magnum’. When will these funds be available to invest in? A ballpark time range would help. Thanks!

Hi @rahulshanbhag89 , The SIF schemes offered by Altiva, Magnum are currently interval funds, which have limited liquidity and allow redemptions only twice a week. At present, we are offering open-ended SIF schemes on Coin to ensure better liquidity and flexibility for investors.

Once these AMCs launch open-ended SIF schemes, they will be made available on Coin for both purchase and redemption. The interval SIFs are available on the secondary market and can be purchased directly through Kite.

1 Like

Just curious out of everyone who kept asking “When will SIF be launched?” how many actually bought it after it went live?

1 Like

Not all sifs are available in coin, for example qsif active asset allocator ls fund, not all from isif etc. Are there any time lines?

You can check this thread.