How much should investors read into specialised investment fund’s early returns?

Feroze Azeez, joint CEO, Anand Rathi Wealth Ltd, also noted that there is very limited data to judge performance, most SIFs have been in existence for less than a year, and early NAVs are broadly around the launch price of ₹10, signalling that it is too soon to look at their performance. “Since SIFs use long-short and derivatives strategies, performance needs to be seen across at least one full market cycle,” he said.