Who can invest in AIF in India?

Can an individual invest in AIF?

It is an investment option for high rollers, including domestic and foreign investors in India. Generally, institutions and high net worth individuals invest in AIF as it needs a high investment amount.

Who can invest in AIF?

Eligibility Criteria

Investors can be Indian, NRI or foreign nationals. Minimum corpus should be Rs20cr for each scheme and Rs10cr for Angel Funds. Minimum investment by each investor should be Rs1cr or Rs25 lakh (in case of employees/director/fund manager of AIF).

How can I start an alternative investment fund in India?

1,00,000/- to SEBI by way of bank draft in favour of “The Securities and Exchange Board of India”, payable at Mumbai. 3. On receipt of registration/ re-registration fees, SEBI will grant the applicant the certificate of registration as an Alternative Investment Fund. 1.

What is the minimum investment in AIF?

Minimum investment amount: The minimum investment required in PMS is Rs 50 lakh while for AIFs it is a minimum of Rs 1 crore. Pooling of funds: By nature, AIFs are a pooled investment fund while a PMS is a tailor-made portfolio of securities and involves no pooling of investor funds.

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Can NRI invest in AIF?

Can NRIs, PIOs and OCI invest in AIFs? AIFs accept investments from all Indians, including NRIs, PIOs, and OCIs by issuing units. The fund may have restrictions in some geography as per the AMC compliance policy.

Can NBFC invest in AIF?

Therefore, the regulations do not permit a CAT I AIF – VCF to invest more than 1/3rd of its investable corpus into entities that do not qualify as venture capital undertakings, including NBFCs.

Which is the best AIF in India?

Top 10 AIF in India / Best Ranked AIFs in the market

Rank AIFs Strategy
1 Abakkus Asset Manager Emerging Opportunities Fund
2 Roha Asset Managers Roha Emerging Companies Fund
3 Girik Advisors Girik Multicap Growth Equity Fund
4 Vishuddha Capital India Value and Growth Fund

Can AIF invest in listed companies?

Debt fund is an Alternative Investment Fund (AIF) which invests primarily in debt or debt securities of listed or unlisted investee companies according to the stated objectives of the Fund.

How do I get an AIF Licence?

Registration Process of AIF

  1. Apply To SEBI: …
  2. Authorization Letter: …
  3. SEBI Compliances: …
  4. Cover Letter: …
  5. Final Submission of Application: …
  6. Scrutinizing of Application: …
  7. Grant of Registration Certificate:

What is a Category 3 AIF?

Category-III AIFs include hedge funds which invest in public markets. They can take bets on market direction. This means they can also make money when markets are crashing. They are characterised by the fact that they can also invest borrowed money to provide higher returns.

Can AIF give loans?

AIFs are Indian entities, and hence have more flexibility with respect to debt investment from an Indian regulatory perspective. However, AIFs are permitted to only invest in securities, and cannot have any direct loan exposure.

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Can AIF be LLP?

SEBI referred to Regulation 17(a) of the AIF Regulations, stating that: … In light of the same, SEBI stated that the AIF Regulations indicate that BRT can invest in an LLP by way of capital contribution to such LLP.