Assets of alternative investment funds cross Rs 6 trillion in 2021

AIFs have a minimum ticket size of Rs 1 crore and aim to offer investors access to sophisticated strategies across different asset classes

The assets of alternative investment funds (AIFs) crossed the Rs 6 trillion-mark for the first time as an increasing number of wealthy investors scout for alternatives to de-risk their portfolios and maximise returns.

Assets of the AIF industry stood at Rs 6.1 trillion at the end of the December quarter, a 38 per cent rise over the corresponding period the previous year. The industry has grown more than eight times in the past five years from assets of Rs 0.7 trillion.

AIFs have a minimum ticket size of Rs 1 crore and aim to offer investors access to