AIF investments grow 9% in Q1 of calendar 2018; cumulative growth at 75%

Experts say key decisions by Sebi and other factors helped spur growth, improving liquidity and depth in the market

Alternative Investment Funds made investments worth Rs 72.78 billion during the first quarter ended March 31, of calendar 2018, up 8.5 per cent from Rs 66.13 billion in the same period in 2017. However, the investments were down 32.3 per cent from Rs 106.84 billion made in the immediately preceding quarter ended December 2017.

Cumulative investments by AIF at the end of March 2018 stood at Rs 614.02 billion, up 75 per cent from Rs 350.99 billion during the same period of last year. They grew at a monthly compound annual growth rate (CAGR) of 4.8 per cent over the