NAFA Asset Managers has announced the launch of its Category III Alternative Investment Fund (AIF), signalling the firm's strategic foray into the flexi-cap investment space.

The newly launched fund is designed to capitalize on high-growth opportunities across the Indian capital markets, including listed equities, unlisted entities, initial public offerings (IPOs), and select debt instruments.

Positioned as a diversified vehicle to participate in India’s economic growth story, the fund offers investors exposure across market capitalizations and sectors. It is benchmarked against the S&P BSE500 Index, thereby aligning with a broad representation of the Indian equity universe.

The fund will be managed by seasoned professionals N. Balaji Vaidyanath and K.R. Senthilnathan, who bring deep domain expertise and a track record in equity and hybrid strategies. The structure offers flexibility with a minimum investment of ₹1 crore and provides options for both fixed and performance-linked fee models, catering to varied investor preferences.

N. Balaji Vaidyanath, Director & CEO, NAFA Asset Managers, said A New Chapter for NAFA Asset Managers as we unveil our maiden Category III AIF, for nearly a decade, we’ve navigated the ever-evolving Indian markets through our Portfolio Management Services (PMS). While we may not have seen exponential AUM growth like some of our peers, what we've built is resilience, credibility, and a solid performance track record — all with an incredibly lean team, including a one-man sales force that has carried us forward against the odds. With this AIF launch, we are strategically entering the flexi-cap investment space. We thank all our clients and well-wishers who have stood by us in this journey. The road ahead is exciting, and we are just getting started.