News > Assets of alternative investment funds grow 38 per cent in 2021, cross ₹6 lakh crore
Assets of alternative investment funds grow 38 per cent in 2021, cross ₹6 lakh crore
The Outreach | 02/03/2022 09:39 PM | Click to read full article
Alternative investments are increasingly becoming mainstream. Thanks to their low correlation to public markets, alternative investment funds (AIF) are emerging as the preferred investment route for high net worth individuals (HNIs) and family offices, who seek higher risk-adjusted returns and diversification from traditional equity, debt and other asset classes.
As per SEBI data, the total assets of AIF, on a year-on-year basis, jumped 38 per cent to ₹6.09-lakh crore as of December 2021 from ₹4.42-lakh crore in the year-ago period.