What is Alternative Investement Funds (AIFs) ?
Alternative Investment Funds (AIFs) are privately pooled investment vehicles that collect funds from investors to invest in: Private equity Venture capital Real estate Infrastructure Distressed assets They are regulated by SEBI and categorized into three types: Category Description Category I Invests in startups, SMEs, infrastructure, social ventures Category II Includes private equity funds, debt funds Category III Hedge funds, complex trading strategies 🧾 RBI (Investment in AIF) Directions, 2025 Issued on July 29, 2025 , effective from January 1, 2026 (or earlier if voluntarily adopted by Regulated Entities - REs). ✅ Applicability Applies to Regulated Entities (REs) such as: Commercial Banks NBFCs Co-operative Banks All-India Financial Institutions ...