Alternative Investment Funds (AIFs) have just got a major compliance burden off their back for some more time. Markets regulator SEBI has given another relaxation in compliance norms to AIFs in terms of regulatory filings. This paves the way for AIFs to do regulatory filings of March, April, May and June 2020 before August 07, 2020.
Alternative Investment Funds (AIFs) have just got a major compliance burden off their back for some more time. Markets regulator SEBI has given another relaxation in compliance norms to AIFs in terms of regulatory filings. This paves the way for AIFs to do regulatory filings of March, April, May and June 2020 before August 07, 2020. Emerging as a key investment product for ultra-rich investors, AIFs are well-known for practicing sophisticated investment strategies.
In light of market events due to CoVID-19 pandemic, SEBI, had on March 30 announced a 2-month extension for the due date for regulatory filings for AIFs and VCFs (Venture Capital Funds) for the periods ending March 31, 2020 and April 30, 2020.
With the national lock down still continuing and financial markets operating under challenging conditions, a need was felt to further extend the timelines for regulatory filings for AIFs and VCFs.
"Accordingly, AIFs and VCFs may submit the regulatory filings for the months ending March, April, May and June 2020, as applicable, on or before August 07, 2020," SEBI said in a fresh circular, dated June 4. The circular comes into force with immediate effect.
Alternative Investment Fund or AIF means any fund established or incorporated in India which is a privately pooled investment vehicle which collects funds from sophisticated investors, whether Indian or foreign, for investing it in accordance with a defined investment policy for the benefit of its investors.
There are 3 types of AIFs recognized by Indian authorities, viz. Category I AIF (including VCFs, Angel Funds, SME Funds, Social Venture Funds, Infrastructure funds), Category II AIF & Category III AIF.
AIFs are meant for rich investors and the minimum investment requirement by an investor is Rs 1 crore. As per SEBI data, AIFs upto December 2019 had cumulatively raised commitments of Rs. 3.47 lakh crore, funds raised Rs 1.71 lakh crore, out of which Rs 1.42 lakh crore was invested.
Recent Blogs
Jan-2025 AIF Performance: Market Pressures Weigh on Returns, Long-Short Funds Outshine
January 2025 was a challenging month for Indian equities, and Category III Alternative Investment Funds (AIFs) reflected broader market headwinds. Several macroeconomic factors—including geopolitical tensions, currency depreciation, and US-led global trade disruptions—contributed to investor uncertainty. Additionally, corporate earnings for Q3FY25 were underwhelming, with the worst earnings downgrade ratio since Q1FY21.
Singularity on India’s New Fund of Funds: Implications for AIFs and Startup Investments
Singularity AMC, a leading provider of capital and differentiated market access for high-growth assets, shares its perspective on the government’s newly announced ₹10,000 crore Fund of Funds (FoF) and its potential to reshape India’s startup investment landscape.
.jpg)
PMS Performance in January 2025: A Challenging Month for Equity Strategies
While January’s numbers were largely in the red, investors should focus on long-term performance and diversification strategies to ride out volatility
AIFs in 2024: Decoding Resilience, Returns, and Art of Alpha Creation
The year 2024 was a pivotal one for India’s alternative investment funds (AIFs), reflecting their enduring appeal to sophisticated investors amidst an evolving economic landscape. Despite facing challenges from a more tempered equity market compared to 2023, AIFs continued to demonstrate their alpha-generation potential. With strategies tailored to navigate market complexities, these funds outperformed traditional benchmarks like the Nifty50 TRI, which posted a modest 10.09% return in 2024.
Resilient Returns: How PMS Strategies Thrived in a Dynamic 2024
PMS schemes shine in 2024 with record-setting performances; strategies navigated volatility, out-performed benchmarks, and strengthened investor confidence across the board
AIFs in Dec-2024: Long-Only Funds Outperform, Best Fund Clocks 56% Even As Markets Face Broad Declines
Selective stock-picking drives resilience and once again shows it is possible to outshine even in amid market downturn
Quant Investing vs Traditional PMS: Can Quant Beat Human Intuition
PMS Bazaar recently organized a webinar titled “Quant Investing vs Traditional PMS: Can Quant Beat Human Intuition” which featured Mr. Vivek Sharma, Head of Investment, India, Estee Advisors. This blog covers the important points shared in this insightful webinar.
PMSes Deliver Up to 7.2% Return Amid 3rd Straight Month of Market Decline in Dec-2024
Over 340 strategies outperformed Nifty50 TRI and more than 170 clocked positive returns, showcasing resilience despite challenging market conditions