PMSbazaar.com lists Cat III AIFs both open-ended and close-ended structure from AMCs and AIF players that are open for subscription.
Category III AIFs have regained traction after the government has withdrawn additional surcharge on super rich.
Currently, there are 117 funds under Category III AIFs. Of these, 95 funds are long only funds, 12 funds follow long short strategy i.e. combination of both cash and derivatives and finally, 10 funds, which are purely hedge funds.
Here is the list of AIFs open for subscription that includes 17 open-ended schemes and 7 close-ended schemes.
