Rich investors turn to AIFs investing in 'riskier' debt

According to data from the Securities and Exchange Board of India, funds raised by Category II AIFs - investment funds that can invest only in unlisted companies - from investors increased from ₹1.24 lakh crore in March 2020 to ₹2.40 lakh crore in June 2022. AIFs cannot accept less than ₹1 crore from every investor.

Rich investors turn to AIFs investing in 'riskier' debt
According to data from the Securities and Exchange Board of India, funds raised by Category II AIFs - investment funds that can invest only in unlisted companies - from investors increased from ₹1.24 lakh crore in March 2020 to ₹2.40 lakh crore in June 2022. AIFs cannot accept less than ₹1 crore from every investor.