AIF / SIF / PMS
Explore professionally managed investment solutions designed for eligible investors seeking opportunities beyond conventional mutual funds, fixed deposits and direct market investments. Alternative Investment Funds, Specialized Investment Funds and Portfolio Management Services provide access to differentiated strategies across public markets, private markets, equity, debt, credit, infrastructure and other permitted asset classes.
Understanding AIF, SIF and PMS
Alternative Investment Funds (AIFs) are privately pooled investment vehicles that invest according to a defined investment policy. Depending on their category and mandate, they may invest in areas such as venture capital, private equity, private credit, infrastructure, real estate and complex market strategies.
Specialized Investment Funds (SIFs) operate within SEBI’s mutual fund regulatory framework and bridge the gap between traditional mutual funds and Portfolio Management Services. They may follow specialized equity, debt or hybrid strategies, including permitted long-short exposure through derivatives.
Portfolio Management Services (PMS) provide professionally managed portfolios in which investments are generally held directly in the investor’s name. PMS may be offered on a discretionary, non-discretionary or advisory basis.
Explore AIF, SIF & PMS Options
Understand the structure, investment strategy, liquidity and risk profile of each solution.
Category I AIF
Includes strategies such as venture capital, SME, infrastructure, social impact and other eligible funds that invest according to their defined mandate.
Category II AIF
Includes private equity, private credit, debt and fund-of-funds strategies that do not fall under Category I or Category III and generally do not employ leverage except as permitted.
Category III AIF
Uses complex or diverse trading strategies and may employ derivatives or leverage within the applicable regulatory framework. These strategies may involve comparatively higher complexity and risk.
Why Consider Specialized Investment Solutions?
Access differentiated strategies supported by professional management, defined mandates and transparent disclosures.
Access to Differentiated Strategies
Explore investment strategies across public markets, private markets, equity, debt, credit, infrastructure and other permitted investment opportunities.
Professional Investment Management
Investment portfolios are managed by professional fund managers according to a documented investment mandate, strategy and risk-management framework.
Broader Diversification Opportunities
Gain exposure to investment opportunities and strategies that may not generally be available through traditional investment products.
Multiple Investment Structures
Choose from privately pooled AIF structures, specialized fund strategies under SIFs or directly owned portfolios through PMS, subject to eligibility.
Explore Investment Solutions Beyond Traditional Avenues
Connect with us to understand eligibility, investment structure, risks, liquidity, costs and documentation before investing.