A fifth of AIF investments questionable in terms of intent: Sebi official

Sebi had issued norms to bring clarity on the on boarding of accredited investors, however, the certification for the same have not picked up much. Around Rs 1 trillion, or a fifth of the investments made by alternative investment funds

AIFs gain currency as fundraise tops Rs 5 trn

Alternative investment funds (AIFs) have crossed Rs 5 trillion in terms of funds raised, while the investment commitments have surpassed Rs 12 trillion for the first time as of September, according to data released by the Securities and Exchange Board