Alternative Investment Funds (AIFs) have made investments to the tune of more than Rs 14,000 crore during October-December quarter, a surge of 25 per cent from the preceding three months.
AIFs are the newly created class of pooled-in investment vehicles for real estate, private equity and hedge funds. They made investments to the tune of Rs 14,031 crore in three months ended December 31, 2015, higher than Rs 11,255 crore infused in July-September quarter, according to latest data available with Sebi. The Category I AIFs poured in Rs 2,656 crore, Category II Rs 7,602 crore and Category III Rs 3,771 crore. The regulator had notified in May 2012, the guidelines for this class of market intermediaries. Since then, they have been making investment.