 "Investment commitments at AIFs jump 4-fold to Rs 1 lakh cr")
With buoyancy in the capital markets, investors are increasingly looking at Alternative Investment Funds (AIFs), which offer investment flexibility.
According to data from the Securities and Exchange Board of India (Sebi), investment commitments were worth Rs 1 lakh crore as of June 2017, a fourfold jump from Rs 24,873 crore two years earlier.
Market participants attribute the surge to stellar returns from existing funds and easing of the regulatory framework. In the past three years, Sebi and the government made several relaxations in the AIF regime.
The government provided a pass-through status for Category-I and Category-II AIFs in 2015.
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