Page 6 - Aif

JM Financial Services to use AIFs to grow distressed asset business

AIFs are Sebi-registered entities to make investment on behalf of sophisticated investors.

NABARD, Agri Infra Fund Loans to be made available for PM-KUSUM scheme

PM-KUSUM or Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan Scheme is a flagship scheme of the central government to solarise agricultural areas and irrigation activities

Sebi issues framework for processing AIF registration applications

Earlier this week, the regulator amended AIF rules to provide that the manager may constitute an investment committee to approve investment decisions of the AIF subject to certain conditions

Edelweiss raises Rs 6,600 cr AIF, plans to raise $1 bn fund for realty

The arm is looking to raise an alternative investment fund (AIF) of over USD 1 billion next year to invest in realty assets.

IBA considering proposal to set up AMC and AIF, takeover NPAs from PSBs

The coronavirus pandemic is expected to result in a rise in non-performing assets (NPAs) despite relief measures

AIF investments rise to over Rs 1.4 trillion in Dec quarter 2019: Sebi data

At the end of September 2019 quarter, the investment stood at Rs 1.25 trillion

Mutual fund registrar and transfer agents eye growth in AIFs, insurance

Fee cuts in MFs to have 4-5% impact on pricing

Piramal ties up with IIFL to launch Rs 2000-crore AIF for realty projects

With this, Piramal would also be facilitating external capital (on a fund or co-investment basis) alongside its lending business

Sebi proposes tighter disclosure, performance reporting norms for AIFs

The benchmarking report would have to be provided along wherever the performance of the AIF is disclosed

Sebi mulls direct plans for AIFs, PMS to help investors save on expenses

The minimum ticket size for investing in AIFs is currently Rs 1 crore and for that in PMS is Rs 25 lakh. Both PMS and AIFs typically charge a fixed as well as variable fee based on the performance

Rs 25,000 cr AIF for stalled projects will boost homebuyers' faith: LIC HF

Firm hopes to disburse Rs 55,000 cr this year, up from Rs 48,000 cr last year, says MD & CEO Siddhartha Mohanty

Homebuyers body cheers govt's realty push, demands fund transparency

The move is likely to help 4.59 lakh housing units across the country. Only RERA-registered projects with positive networth will be provided funds.

Rs 25,000-cr boost for realty: Govt sets up fund to revive stalled projects

Targeted at affordable and middle-income housing units, the fund will address residential properties in Mumbai that are priced below Rs 2 crore

Category III AIFs may turn to GIFT to move past surcharge hurdle

Category III AIFs registered as FPIs in GIFT will still have to pay tax at 30 per cent on derivatives gains

Alternative investment funds explore conversion to LLPs over tax surcharge

Compliance burden may, however, make conversion difficult to execute

AIF investments swell by 90% to Rs 750 billion in June quarter

AIFs are a class of pooled-in vehicles for investing in real estate, private equity and hedge funds and over 270 such funds are registered with Sebi since 2012

Lowering of investment limit will make AIFs accessible to more investors

Risk of mis-selling of these funds to investors who don't understand their risks fully may also rise