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Small and medium REITs commonly known as fractional commercial real estate investment will have minimum ticket size of Rs.10 lakh.

While individual investors account for 38% of the total AIF AUM, NRIs contribute 6% to the total asset base of AIFs.

Dhanvesttor Secures receives SEBI license to offer PMS services.

SEBI has also proposed simplification of digital onboarding process of new clients.

However, the proportion of AIF assets through distributors has reduced by 15% in 5 years largely due to the shift in business model of wealth managers.

SEBI has found 40 instances where AIFs circumvented RBI and FEMA norms.

Manish will lead and manage Centrum’s portfolio management services (PMS) and non-discretionary equity advisory verticals.

Further, SEBI asks AIFs to appoint custodians.

The move aims to check money laundering and terrorism financing.

Subordinate units can be issued by sponsors after a certain lock-in period.

The top 20 PMS players saw net outflows of Rs.3400 crore between April and September 2023.

With 20% of AIF investments, real estate is one of the key sectors. And, in the case of instrument type, the highest proportion of AIF funds is in unlisted equity shares/equity-linked instruments/LLP interest at 41%.

SEBI has issued guidelines for issuers of REITs/InvITs to deal with unclaimed amount.

The industry witnessed a growth of 22% in a year, shows SEBI data.