Alternative Investment Funds (AIFs) have become part of portfolios of most high net worth individuals (HNI) and family offices. As per Securities and Exchange Board of India (Sebi), the total amount raised by AIFs was ₹8.3 trillion, as of 31 March. Even though it is a relatively new asset class, the low entry barriers have resulted in the proliferation of funds of all hues. So how should you be thinking about investing in these and evaluating performance of these funds. Let’s start with asset allocation first.
Year-end portfolio rebalancing: Are you on track?
Read More