AIF investments surge 79% in March quarter
| Date :05-May-2019 |
The capital pumped in by alternative investment funds rose to nearly Rs 1.10 lakh crore in the January-March quarter this year, an increase of 78.7 per cent from the year-ago period. Alternative investment funds (AIFs) are a class of pooled-in vehicles for investing in real estate, private equity and hedge funds. AIF investments stood at Rs 61,401.57 crore in the March quarter of 2017-18, according to the latest Sebi data. Of Rs 1.10 lakh crore investment, Category I
AIFs poured in Rs 10,893 crore, Category II Rs 68,085.75 crore and Category III Rs 30,801.78 crore. Compared quarterly, AIF investments came in at Rs 92,825.22 crore in the October-December period.