The Growth of Alternative Investment Funds in India

Abstract: The Securities and Exchange Board of India (SEBI) launched alternative investment funds (AIFs) in India in 2012. This study investigates the organizational structure of AIFs and their progression since their establishment. The analysis considers several factors, such as the commitments raised, funds generated, and investments executed, employing both graphical and inferential analysis techniques. The results reveal that AIFs have made considerable strides as a viable investment option, primarily due to the numerous benefits and diverse opportunities they provide to investors, along with the creative freedom granted to fund managers. In the years ahead, there is significant potential for this emerging investment alternative to experience substantial growth in both the Indian and global markets, which will largely depend on SEBI's regulatory decisions regarding the AIF framework