How is SIF SIP different from mutual fund SIP?

A mutual fund SIP allows people to invest small amounts at regular intervals for gradual exposure to equity or debt portfolios. A Specialised Investment Fund (SIF) requires a minimum investment threshold of ₹10 lakh, followed by SIP installments of ₹1,000-50,000, Moneycontrol reported. SIFs were introduced by SEBI to bridge the gap between regular mutual funds and portfolio management services.