Infrastructure AIFs in slow mode despite a govt push for new roads, ports

Commitments to such funds have grown significantly slower than overall AIF commitments

Investment vehicles for the rich which focus on opportunities in the infrastructure space are growing slowly, notwithstanding massive government push for new roads, railways, and ports.

Infrastructure alternative investment funds (AIFs) have seen commitments from wealthy investors rise 29 per cent since March 2019 to Rs 15,581 crore. Overall AIF commitments have risen 196 per cent to Rs 8.3 trillion in the same period.

An AIF requires a minimum investment of Rs 1 crore.There are three categories of AIFs.

Category I includes venture capital funds which invest money in start-ups, social ventures, small and medium enterprise funds, and infrastructure funds.