Category I AIFs allocate capital to startups, SMEs, infrastructure, and impact-led ventures— aiming to create financial returns and positive outcomes for the economy and society.
Exposure to early-stage startups, infrastructure & private companies not listed in public markets.
Alignment with India’s Growth Themes
Supports priority sectors such as innovation, manufacturing, and infrastructure.
Tax Efficiency
Pass-through taxation avoids double income tax.
Diversification
Adds an alternative asset class beyond traditional equity and debt.
Long-Term Wealth Creation
Potential for substantial appreciation through early-stage and growth-phase investments.
Risks & Considerations
Risk & Return Profile
Category I AIFs are high-risk, high-reward investments. Returns can be significant if portfolio companies succeed; however outcomes depend heavily on manager skill, diversification, and patience. Liquidity is limited until the fund’s term ends.
Risk Level
Return Potential
Ideal For
Investors with a long-term horizon (7–10+ years).
Those comfortable with risk and limited liquidity.
People who want to participate in India’s growth story—innovation, infrastructure & impact.
Examples
Funding an early-stage technology company developing a breakthrough product.
Investing in an SME expanding from one state to national operations.
Backing a solar energy project with long-term cash flows.
Supporting a social enterprise focused on rural healthcare or clean water.
Before You Invest
Understand the manager’s experience and track record.
Review the strategy and portfolio structure.
Check the fee structure, lock-in period, & performance hurdles.
Consult your tax and financial advisor to align with your goals.
Regulatory Framework
Speak with PMS AIF WORLD to discover curated managers, strategies, and a framework grounded in Quality, Risk, and Consistency.