AIF assets nudge past Rs 5 trn mark, still a seventh of MF industry size

The AIF segment has grown more than 8x in past five years

The assets of alternative investment funds (AIFs) have crossed the psychological Rs 5-trillion mark as an increasing number of wealthy investors scout for alternatives to de-risk their portfolios and maximise returns.

Assets of the AIF industry stood at Rs 5.35 trillion at the end of September quarter, a 32 per cent rise over the same period in the previous year. The industry has grown more than eight times in the past five years from assets of 0.65 trillion.

AIFs have a minimum ticket size of Rs 1 crore and aim to offer investors access to sophisticated strategies across different asset