News From Press AIF commitments top Rs 10 trn for first time amid rising demand from HNIs

AIF commitments top Rs 10 trn for first time amid rising demand from HNIs

Source: Business Standard Feb 22, 2024

The investment commitments received by Alternative Investment Funds (AIFs) have crossed Rs 10 trillion for the first time, amid a rising demand from rich investors eyeing to generate higher returns than conventional investment vehicles. As of December 2023, the investment commitments stood at Rs 10.84 trillion, up 13.6 per cent quarter on quarter (Q-o-Q) and over 40 per cent on a year on year (Y-o-Y) basis.

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