The commitments are up more than 80 per cent since March 2020, when the pandemic first took hold
A relatively recent class of investment vehicles for the wealthy is expected to have crossed Rs 7 trillion in commitments less than a decade after launch.
The Rs 38.4 trillion mutual fund industry took decades after the launch of the first scheme was launched in 1963 to get to similar levels in nominal terms. The alternative investment fund (AIF) segment began gathering assets in financial year 2012-13 (FY13). The AIF segment has a minimum investment threshold of Rs 1 crore unlike mutual funds which can also absorb investments of less Rs 1,000.
There is optimism that the Rs 7
First Published: Oct 30 2022 | 5:03 PM IST