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‘India Wealth Report 2019’ by Karvy Private Wealth says the overall individual wealth in India has risen to Rs.430 trillion in FY19.

A study by Credit Suisse predicts that non-financial assets will grow faster than financial assets over the next five years.

Unlisted equity to grow rapidly among financial assets followed by alternative investments and direct equity.

Credit Suisse Global Wealth Report 2019 shows that number of USD millionaires in India could rise by 56% over the next five years. In percentage terms, it is the fastest among all countries.

IIFL India Private Equity Fund is a close-ended category-II AIF.

The 22-member ‘Alternative Investment Policy Advisory Committee' (AIPAC) advises SEBI on growth and development of AIFs .

Overall, PE investors have invested US$ 16.4 billion across sectors.

Recently, Ajay Tyagi had led a delegation of SEBI Officials to USA and met with various stakeholders including industry and investor associations.

A report by Indian Private Equity & Venture Capital Association and EY said that infrastructure and real estate accounted for 48% of the PE/VC investments.

The IIFL Wealth Hurun India Rich List 2019 shows that there are 953 such individuals having a minimum wealth of Rs 1,000 crore.

All the self-made entrepreneurs under the age of 40 derive their wealth from technology-based ventures.