AIFs have emerged as a preferred platform for more sophisticated investors. To encourage the trend, the budget should bring about neutrality in tax treatment between different categories of AIFs
Closed-door talks between IVCA, rating agencies and family offices expose growing friction over disclosures, benchmarking and investor expectations as private funds go mainstream.
Investment remittances, which were close to about $400 million in 2019, are today around $1.7-1.8 billion. Thus, marking a four-times increase, given that meaningful scale in AIFs emerged only after 2019-20.
SEBI's Ruchi Chojer said the regulator has been engaging with wealth managers and industry participants who have flagged concerns around the accreditation process, including the availability of accredited investors and issues related to disclosure requirements
At PMS AIF World's latest Alpha Investment Summit, speakers on the panel, Pawan Bharaddia and Arun Subramanyam, said this disconnect became sharper in the first half of FY25 and is now a key driver of short-term underperformance across parts of the PMS-AIF space.
With more fund managers securing IFSC approvals and global products being redomiciled through GIFT, wealth managers anticipate annual outbound deployments crossing $3-4 billion in the coming years.
This shift towards AIFs is a relative movement of capital away from traditional, long-only products such as mutual funds and PMS into hedge-style, long-short, quant and absolute-return funds, that offer lower volatility, downside protection and more stable returns.
After a year of consolidation, Alchemy Capital’s Hiren Ved says a reset in valuations and renewed private-market activity are broadening the AIF opportunity set, even as investors turn more selective.
Edelweiss, SBI and Quant roll out long–short Special Investment Funds, promising hedge-fund flair with mutual fund accessibility — but performance history raises big questions.
Sebi observed that 360 One Private Equity Fund, through its scheme 360 One Seed Ventures Fund 1, accepted investments from other AIFs while also investing in units of AIFs. This breached AIF Regulations.
InCred Asset Management’s Healthcare Portfolio delivered the highest return at 11.96 percent, followed by Valcreate’s Lifesciences and Specialty Opportunities strategy, which gained 8.48 percent, followed by Green Portfolio’s MNC Advantage at 6.89 percent.
Midcap, growth-oriented and SME-focused Alternative Investment Funds were among the top performers in July, with returns ranging between 2 to 8 percent, showed data.
The IREF-VI is significantly larger than MO Alts' previous real estate fund, which closed at Rs 1,200 crore. The current fund announced its first close of around Rs 1,250 crore in February 2024
Targets resilient firms in renewables, defence, and waste management with Revolution Fund-II
AIFs are privately pooled funds that invest in non-traditional assets like private equity, hedge funds, and real estate. They offer niche, high-risk, high-reward opportunities suited for experienced investors.
The RBI has revised its strict investment norms for Alternative Investment Funds, softening the December 2023 blow that rattled the financial sector. With clearer definitions and relaxed provisioning, regulated entities now see a more balanced compliance path ahead
Among the key asks of AIFs has been that banks and NBFCs should not be asked to provision for AIF investments in equity-linked instruments
The top-performing Alternative Investment Funds (AIFs) for the month of April saw CCV Investment Managers LLP’s Emerging Opportunities Fund-I leading the pack, followed by Aarth AIF’s Growth Fund and Finideas Growth Fund Scheme-1.
The consultation paper also suggested other measures such as doing away with the prohibition on investment managers of AIFs providing advisory services in listed securities.
The PMS and AIF performance from April reflect continued overweight stance on BFSI, pharma, and engineering sectors, while reducing exposure to chemicals.
SGRE Fund has currently invested in projects that are stuck due to lack of funds, and is ready to support projects struggling to get funding from banks, financial institutions and from other alternative funds.
The market regulator said that they had breached the concentration limit in a single investee company, with their investment in Indian Railway Finance Corporation
Founded in 2023, Tavasya focuses on special situation investments in India’s distressed asset space
PMS AIF World hosted a discussion on investment styles between fund managers who delivered exceptional returns in 2024, ranging between 40 and 80 percent.