Beginner
Introduction to Alternative Investment Funds (AIFs) in India
A clear, India-specific introduction to Alternative Investment Funds: what they are, how SEBI regulates them, and how Category I, II and III AIFs actually make money through venture capital, private equity, private credit, real estate and hedge fund strategies. Learn the ₹1 crore minimum and accredited investor rules, decode the fee stack of management fees, hurdle rates and carry, read IRR, TVPI and DPI like an allocator, understand how each category is taxed, and evaluate a real AIF offering before you commit capital. Built for retail investors exploring alternatives, HNIs diversifying beyond listed markets, and first-timers curious about startup and real estate funds.
Alternative Investment FundsSEBI RegulationsAIF Categories
MODULES
7
DURATION
~4.7 hrs
TRACK
Alternative Investing
What You'll Master
Understand what an AIF is and how it works
Learn SEBI rules across Category I, II and III AIFs
Evaluate fees, returns and taxation before investing in an AIF
Access Level
LEARNER
Everything included
Full Text Playbooks
Actionable Exercises
Mobile Reading Mode
Lifetime Updates
Curriculum Breakdown
Chapter 1: What an AIF Is and Why It Exists
3 LessonsChapter 2: The SEBI Rulebook for AIFs
4 LessonsChapter 3: Category I AIFs
3 LessonsChapter 4: Category II AIFs
4 LessonsChapter 5: Category III AIFs
3 LessonsChapter 6: Fees, Returns and Taxation
3 LessonsChapter 7: Evaluating and Investing in an AIF
5 Lessons▶
Reading a Private Placement Memorandum Without Getting Lost12 min read
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Due Diligence on the Fund Manager: Track Record, Team and Skin in the Game11 min read
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The Investment Journey: Commitment, Drawdowns, Distributions and Exit11 min read
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Red Flags and Common Mistakes AIF Investors Make10 min read
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Case Study: Should a Pune HNI Put ₹1 Crore Into a Real Estate AIF?13 min read