AIF
The allocations that sit outside listed markets — private credit, real assets, and long-short funds that can hedge.
What it is
An Alternative Investment Fund pools capital from a small number of large investors to do what listed funds cannot: lend privately, buy real assets, or run a hedge-fund style book. Category II covers private credit and unlisted equity; Category III covers long-short and other trading strategies.
Who it suits
Investors with a portfolio large enough that ₹1 crore is a sensible single allocation, who can leave capital committed for several years, and who want returns that do not simply track the equity market.
We place AIF through a shortlist of managers we have met, whose mandates and drawdown history we have checked ourselves. Because these are not publicly-screenable products, we discuss the shortlist with you directly rather than publishing a league table.
Ask for the shortlist- Capital is committed. Assume you cannot get it back before the fund’s term ends.
- Private credit returns look steady until a borrower defaults — ask about the underwriting.
- Category III taxation at the fund level can materially change your net return.
- Valuations of unlisted holdings are estimates, not market prices.
AIF is a conversation, not a checkout.
We will walk through suitability, lock-ins, fees and taxation before anything is placed.
Talk to an expert