Alternative Investment Funds

AIFs, not luxury apartments: How India’s wealthy are reimagining real estate investments, says Karthik Athreya

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AIFs, not luxury apartments: How India’s wealthy are reimagining real estate investments, says Karthik Athreya

India’s high-net-worth individuals (HNIs) and ultra-HNIs are shifting gears when it comes to real estate investing. Gone are the days of managing individual apartments and hunting for tenants. Instead, wealthy investors are increasingly opting for structured, professionally managed exposure through Alternative Investment Funds (AIFs). According to Karthik Athreya, Director and Head of Strategy – Alternative … Read more

Capital gain tax after Budget 2025: Latest LTCG, STCG rates on various assets post Budget 2025

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Capital gain tax after Budget 2025: Latest LTCG, STCG rates on various assets post Budget 2025

Budget 2025 impact: Finance Minister Nirmala Sitharaman introduced minor adjustments to the existing capital gains tax framework after overhauling it in the July 2024 Budget. The tax rates and holding periods for assets have been kept unchanged, determining whether they are subject to long-term capital gains or short-term. Consequently, the rules governing Long Term Capital … Read more

Sebi outlines specific due diligence of investors, investments of AIFs

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Sebi outlines specific due diligence of investors, investments of AIFs

Markets watchdog Sebi on Tuesday directed Alternative Investment Funds and their managers to exercise specific due diligence with respect to investors and investments in a bid to prevent circumvention of various laws and ensure compliance with regulatory frameworks. In its circular, Sebi said that AIFs, their managers, and key personnel are required to conduct the … Read more

‘New asset class will be more tax efficient compared to Category III AIFs’: Experts weigh in Sebi’s new proposal

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‘New asset class will be more tax efficient compared to Category III AIFs’: Experts weigh in Sebi’s new proposal

The new asset class proposed by the Securities and Exchange Board of India (Sebi) is anticipated to introduce innovative investment products and styles into the market. This development may potentially incentivize certain investors to transition away from current high-risk products such as portfolio management services (PMS) and alternative investment funds (AIFs). This move aims to … Read more

RBI’s hand behind today’s rally in banks, other financial stocks

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RBI’s hand behind today’s rally in banks, other financial stocks

Shares of banks and NBFC shares like Bajaj Finance on Thursday rose up to 4% after the Reserve Bank of India (RBI) relaxed rules regarding provisions for investments in Alternative Investment Funds (AIFs) by all regulated entities. Led by healthy buying seen in banks and other financial stocks, Nifty rallied over 200 points today and … Read more

Apex PE-VC body seeks govt’s help to ease AIF curbs

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Apex PE-VC body seeks govt’s help to ease AIF curbs

Mumbai: The Indian Venture and Alternate Capital Association, or IVCA, is reportedly in discussions with central government officials to help ease the wide-ranging curbs the banking regulator imposed earlier this week on Alternative Investment Funds (AIFs), potentially choking institutional fund flows to a high-risk and hitherto lightly regulated investment vehicle experts believe could be misused … Read more

RBI tightens norms for lenders investing in AIFs

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RBI tightens norms for lenders investing in AIFs

The Reserve Bank of India (RBI) has directed banks and non-banking financial companies (NBFCs) to not make investments in any Alternative Investment Funds (AIFs) that has downstream investments either directly or indirectly in a debtor company of the bank.  The notice aims to address concerns relating to possible evergreening through this route. The move is … Read more

MNC banks ask FPI managers not to sell NRI clients’ investments

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MNC banks ask FPI managers not to sell NRI clients’ investments

Besides, an NRI controlled investment manager (or the asset management company) running an FPI must register itself as a ‘non-investing FPI’ with Sebi. Synopsis FPIs have to bring down the aggregate contribution of NRIs and OCIs (along with resident Indians) in a fund to below 50% by December 31, 2020. Also, contribution by an NRI/OCI … Read more