Private Markets, Professionally Wrapped.
Venture capital, private credit, real estate and hedge-fund-style strategies — access unavailable through public markets, with SEBI oversight.
Three categories, one regulator
Alternative Investment Funds give sophisticated, long-horizon investors access to asset classes unavailable through public markets — private equity, structured credit, and complex listed-market trading strategies — under SEBI's AIF Regulations.
Pick the category, not just the ticket
| Category | Invests in | Leverage | Typical lock-in |
|---|---|---|---|
| Category I | Start-ups, SMEs, infrastructure, venture & angel funds | Not permitted | Close-ended, min. 3 yrs |
| Category II | Private equity, private credit/debt, real estate, fund-of-funds | Not permitted (ops only) | Close-ended, 3–7 yrs |
| Category III | Complex/listed strategies — long-short, derivatives, hedge-fund-style | Capped at 2× NAV | Open or close-ended |
Cat I & II are “pass-through” — taxed individually on your gains. Cat III is taxed at the fund level. General information, not tax advice.
The Accredited Investor pathway
₹7.5 crore net worth, or ₹2 crore annual income, qualifies you as an Accredited Investor — opening the door to customised terms, including in some cases a ticket below ₹1 crore, negotiated directly with the fund manager. SAAIVISTA can assist eligible clients through the certification process.
SAAIVISTA holds NISM-Series-XIX-A (Alternative Investment Funds — Category I and II Distributors) certification.