Page 11 - Alternative Investment Funds
Alternative investment funds gain traction, draw Rs 1 lakh cr
With buoyancy in capital markets, investors are increasing looking at alternative investment funds (AIFs), which offer high investment flexibility.According to data compiled from the Securities and Exchange Board of India(Sebi), the industry has raised investment commitments worth nearly Rs 1 lakh crore as of June 2017 - a fourfold jump from Rs 24,873 crore two years back.Market participants say, this surge in the popularity of AIFs is on account of stellar returns given by the existing funds along with easing of regulatory framework. In the last three years, Sebi along with the government have ushered several relaxations in the AIF regime. While the government provided a pass-through status for Category I and Category II AIFs in 2015, the holding period for availing long term capital gains in the investments made by AIFs in the unlisted space was reduced to two years from three years.Further, Sebi recently waived AIFs from fulfilling the one-year lock-in period post initial public ...
 "Alternative investment funds gain traction, draw Rs 1 lakh cr")
AIFs bloom on easier norms
Total inflows double to Rs 24,862 crore over past year; however, more changes needed, say observers
 "AIFs bloom on easier norms")
Track record of fund manager most relevant
AIFs give wider choice, diversification and could offer unique investment options. But the amount of research required from investors is a lot more
 "Track record of fund manager most relevant")
AIF investments rise 30% to Rs 18,000 crore in March quarter
More than 200 AIFs have been registered with Sebi since 2012
 "AIF investments rise 30% to Rs 18,000 crore in March quarter")