Alternative Investment Fund or AlF means any fund established or incorporated in India which is a privately pooled investment vehicle which collects funds from sophisticated investors, whether Indian or foreign, for investing it in accordance with a defined investment policy for the benefit of its investors.
We currently accept investments from Resident Indians, Companies, Partnership Firms, and LLPs.
The minimum investment is INR 1,00,00,000/-. For more details, please reach out to us directly.
There is a lock-in period of one year. After 12 months upto 24 months - an exit charge of 1% is applicable.
AlFs are subject to tax on income as per the Income Tax Act including capital gains tax on profits made from investments. In Category III AlFs, the taxes will be paid on the fund level. Funds distributed to investors are post-tax.
The fee structure varies depending on Class of investment (based on investment amount). To know more, get in touch.