If you will notice,the initial 220 models had the "F" on the fairing...which indicated it to be "The Fastest Indian". Also,those models were sold as just "220".
Now when Bajaj introduced the 220 Street Fighter model,in order to differentiate both of them Bajaj added an "S" to the "220" badge on the tail of the bike. Also,they did away with the "F" from the fairing,and added an "F" to the "220" badge on the tail for the faired version.
I am guessing they did it because,by that time other manufacturers like Honda got into this game,and the Pulsar 220 could no longer hold its tag of "The Fastest Indian".(Just a guess
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