Will this sub- ₹10 lakh investment fund rattle hedge funds?

Long-short funds which bet on both rising and falling markets are expected to take a bigger hit thanks to the tax edge enjoyed by specialized investment funds (SIFs), and a potentially large target market.

source https://www.livemint.com/market/hedge-funds-asset-class-tax-stock-market-specialized-investment-funds-nippon-life-india-asset-management-aum-aif-11744785593006.html