Alternate Investment Funds (AIF) space is new and evolving. The minimum investment in any AIF is ₹ 1 Cr

Alternate Investment Funds in India are of 3 categories,

  • CAT 1 – which invest at a venture level
  • CAT 2 – which invest as private equity
  • CAT 3 – which invest in the listed public equity

In practise a lot of the asset management companies use the AIF platform to manage conventional long only strategies in equity to combine the operational ease of MFs with the customization of any PMS. The Minimum investment in any AIF is 1cr.

The space is new and evolving. Some of the best known AIFs in India in long only equities so far are  Sunil Singhania ( Abakkus Asset Manager),  Vikas Khemani ( Carnelian Capital ), Kenith Andrade (Old Bridge Capital), ICICI Pru CompAct AIF, Nippon India Alternate Investment Funds, Edelweiss Asset Management, Avendus Asset Management. In long only AIFs the taxation is done at the fund level as per capital gains slabs and returns are shared net of all expenses and taxes to the investor. AIFs provide a lot more flexibility to fund managers in terms of their investment styles and investment calls.

PMS AIF World offer responsible, long term investment service. Invest with us in best quality products and make informed investment decisions.

AIF Advantages

Below mentioned are some of the advantages of AIF over PMS and Mutual Funds.

Skin in the Game

• Investment Manager (IM) / Sponsor must invest 10cr or 5% of the committed capital whichever is lower

• Alignment of Interest

• IM / Sponsor must be well capitalized

Scope for Alpha Generation

• Maximum Investors allowed per scheme is 1000

• Limited corpus allows investment manager to

• Create Differentiated & uncorrelated portfolio

• No compulsion to invest in higher weightage stocks in Benchmark —not benchmark hugging

Flexible Investment Mandate

• Can raise money in drawdown mode and so take advantage of market volatility

• There is No compulsion to reinvest. Can return the capital by booking profits from securities that attain targets, before the completion of tenure of fund. Helps in profit booking if valuations are high

• Allowed to Participate in IPOs as Qualified Institutional Buyer (QIB)

• Allowed to invest in SME Stocks

Ease and Convenience

• No Need to open Demat account

• Taxation at scheme level.

• Pooled vehicle hence all clients investing at same closure have similar returns experience

• No Requirement/ Restriction of opening a PIS (Portfolio Investment Scheme) account for NRI investors

How we add VALUE

PMS AIF World is a new age investment services company. We perform 2 services extremely well – One, wealth management service. Two, content & analysis to support making informed investment decisions.

Over 2 years, we manage 100+ UHNI & NRI families, across 500 Cr+ assets. We are very selective in our approach, and analyze products across 4 Ps – Philosophy, Performance, Portfolio, and Price with an endeavor to ascertain the Quality, Risk and Consistency(QRC) attributes before suggesting the same to investors. Some of the top names as per QRC score are ASK PMS backed by Bharat Shah,  White OAK India Pioneer PMS backed by Prashant Khemka, Marcellus Consistent Compounders backed by Saurabh Mukherjea, IIFL Multicap PMS backed by Anup Maheshwari, Stallion Core Asset Backed by Amit Jeswani, SageOne backed by Samit Vartak, Alchemy High Growth backed by Hiren Ved, Abakkus Emerging backed by Sunil Singhania, Nippon India High Conviction backed by Varun Goel, etc

Our mettle as suitable wealth manager is evident from our latest Webinar Series called Covid19  to  Wealth20 where we invited some of the fund managers & thought leaders from the investments world for our investors get a perspective on market & economy views. Some of these names are

Raamdeo Agrawal, Chairman – Motilal Oswal

Nilesh Shah, Managing Director – Kotak Mutual Funds

Hiren Ved, Co-Founder & CIO – Alchemy Capital

Bharat Shah, Executive Director – ASK Group

Prashant Khemka, Founder – White OAK Capital

Radhika Gupta, CEO – Edelwiess Asset Management

Shankar Sharma, Founder – First Global