We study the structure of multi-field inflation models where the primordial curvature perturbation is able to vigorously interact with an ultra-light isocurvature field -- a massless fluctuation orthogonal to the background inflationary trajectory in field space. We identify a class of inflationary models where ultra-light fields can emerge as a consequence of an underlying scaling transformation that rescales the entire systems action and keeps the classical equations of motion invariant. This scaling invariance ensures the existence of an ultra-light fluctuation that freezes after horizon crossing. If the inflationary trajectory is misaligned with respect to the scaling symmetry direction, then the isocurvature field is proportional to this ultra-light field, and becomes massless. In addition, we find that even if the isocurvature field interacts strongly with the curvature perturbation --transferring its own statistics to the curvature perturbation-- it is unable to induce large non-Gaussianity. The reason is simply that the same mechanism ensuring a suppressed mass for the isocurvature field is also responsible for suppressing its self-interactions. As a result, in models with light isocurvature fields the bispectrum is generally expected to be slow-roll suppressed, but with a squeezed limit that differs from Maldacenas consistency relation.
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