Are all SIF funds taxed the same way in India?

No. SIF funds fall into two tax groups. Group A funds (gross equity 65% or more) attract STCG at 20% flat and LTCG at 12.5% after 12 months. Group B funds (gross equity below 65%) attract STCG at your income slab rate up to 30%, and LTCG at 12.5% after 12 months. The difference in STCG treatment is significant for investors in the 30% tax bracket.

Can two SIF funds in the same SEBI category have different tax treatment?

Yes. Within the Hybrid Long-Short category, some funds maintain gross equity above 65% qualifying for Group A taxation, while others maintain lower equity and fall in Group B. Same SEBI category, completely different tax outcome. The AND Fintech SIF Tax Guide maps every live fund to its correct tax group.

What is the LTCG holding period for SIF funds?

For all currently live SIF funds, the long-term capital gains holding period is 12 months. Gains above this period are taxed at 12.5% flat for both Group A and Group B funds.

What your distributor probably has not told you

Two SIF funds. Same category on AMFI.
One saves you more tax every year.
One does not.

The difference is not the returns. It is not the fund manager.

It is one line in the Scheme Information Document that determines your tax group - and most investors never check it.

We mapped every live SIF fund. The complete breakdown is in the guide.

Group A

STCG (less than 12 months)20% flat

LTCG (more than 12 months)12.5%

Group B

STCG (less than 12 months)Slab rate (up to 30%)

LTCG (more than 12 months)12.5%

Tax treatment depends on each fund's asset allocation as filed with SEBI and is subject to change. AND Fintech (ARN-301536) is a registered distributor and not a tax advisor. Please consult a qualified Chartered Accountant before making tax-based investment decisions.

Two SIF funds. Same category on AMFI.One saves you more tax every year.One does not.

Group A

Group B

Calculators

Two SIF funds. Same category on AMFI.
One saves you more tax every year.
One does not.