Alternative Investment scenario in India

Alternative Investment Funds (AIFs) deeply influence the global financial system and economy with investment decisions affecting the capital markets, companies and individuals. According to Securities and Exchange Board of India (SEBI) under Regulation 2(1)(b) of the Regulation Act, 2012, 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.

This Publication aims at understanding how the concept of Alternative Investment Fund (AIF) evolved in India through combining expert’s knowledge and research that discusses policies taken up by the Government of India, the overall investments arrived in India after recommendations from experts.