#4 Things to Keep in Mind While Committing Your Wealth to an Alternative Investment Fund Manager
As wealth continues to grow in the country, investors have started to look at new shores to support their growth trajectory. This is one of the main reasons why a fairly new asset class - alternative investment funds (AIFs) have gained significant traction in the country.
The asset class, which was launched in 2012, presently has over 500 funds registered within the segment. According to SEBI, as of June 2018, AIFs have got commitments worth INR 179585 crores and have raised nearly INR 97611.73 crores. On the other side, these funds have invested close to INR 74892.
Considering the trend will continue and AIFs will continue to get more commitments, here are few things investors should keep in mind while parking money in these funds:
AIFs have been around for merely six-seven years, so before committing to a fund, understand the asset and...