Exit loads, liquidity, and redemption norms for SIFs

Most SIF strategies disclosed so far carry a short-tenor exit load (commonly for redemptions within 6-12 months) rather than a hard lock-in, reflecting their open-ended, mutual-fund-style structure. Redemption liquidity depends on the underlying portfolio's tradability, which investors should weigh for strategies holding less liquid mid- and small-cap positions or corporate bonds.