Assets of AIF industry grow 42% in the past year, shows Sebi data

The assets of alternative investment funds (AIF) touched Rs 6.41 trillion at the end of the January-March quarter, a growth of 5.2 per cent over the previous quarter, reveals the Securities and Exchange Board of India (Sebi) data.

Assets of the AIF industry have grown 42 per cent in the past year, as an increasing number of wealthy investors turned to such funds to derisk their portfolios and maximise returns. The industry has grown more than 7x in the past five years, from assets of Rs 80,000 crore.

AIFs have a minimum ticket size of Rs 1 crore and aim to offer