Best AIF in India

Alternative Investment Funds, also known as AIF, serve as a great option for investment in non-traditional assets. They give private investors a way to invest in their dream projects by pooling their money into a large fund. Once you grasp the concept of AIF and make the decision to invest, the next question that obviously comes into mind is which is the best AIF in India?

There are 860 AIFs in India registered with SEBI at the moment and it is a difficult task to choose the best of them on your own.

Therefore in this article, we are going to compare various AIFs on certain parameters such as category, strategy & returns and list a few AIFs whom we can consider the best in India so that your investment planning gets much easier.

How to Check the Best AIF in India?

There are some key factors on which we are going to evaluate the best AIF in India and then you can pick the most suitable one for yourself.

1. AIF Category

Since there are 3 different types of Alternative Investment Fund, it is important that the AIF product you choose matches your category. Every category comes with its own advantages.

2. AIF Strategy

AIF strategy helps in booking more returns on investments. It should align with your goals and your investment plans if an AIF has to suit you.

3. AIF Periodic returns

Check for Periodic returns like a 1-month return or 3-month or annual return or 3-years return or 5-year return as these are important to decide how fruitful an AIF is.

4. Returns since inception

This is a major component to judging the productivity of an AIF as it tells you about the working efficiency and planning of an AIF in the long run.

5. Experience of fund managers

By large, the AIFs have an experienced fund manager only as it helps them take better investment judges using their experience and wisdom.

Apart from that, there are areas such as AIF minimum investment, capital requirements etc. And based on these above parameters, we have picked a few best AIFs in India for you.

1. Abakkus Asset Manager

• With both the Emerging Opportunities fund and the Growth fund, Abakkus gives flexibility to the potential investors to invest in both Large-cap and Mid to small-cap assets.
• The 25.2% return since its inception speaks highly of its growth in just around 4 years.
• Total number of active complaints: 0

Abakkus Asset manager, a brainchild of Mr Sunil Singhania and the Mumbai based AIF primarily focuses on Alpha (Category 3 Alternative Investment Fund) in the close-ended segment. The founder himself has had the experience of more than 2 decades in fund management.

2. Roha Asset manager

Roha Asset manager is a close-ended Category 3 Alternative Investment fund that comes with only one strategy but higher returns as the numbers show.

Under its Emerging Companies fund strategy, it targets the investors who like to create or multiply their wealth in the long run with its Medium to the Long term investment horizon.

3. Girik Capital

The Mumbai based SEBI registered AIF Girik Capital has now earned an experience of over a decade in investment management and with its Multicap Growth Equity Fund strategy, it focuses on a disciplined investing approach in the assets of growing businesses. It was founded in 2009 by Charandeep Singh and Varun Daga.

Girik Capital focuses on long-term investments as it is categorized under AIF category 3 and henceforth, it has a horizon period of 3 to 5 years.

The year’s returns have been steady without too many fluctuations which show Girik Capital is a safe and profitable Alternative investment fund to put your money into.

4. Accuracap

With its Picopower investment strategy, Accuracap focuses on investing in stocks that have a small market cap but a huge potential for growth in the long run.

To be precise, it invests in 25-35 stocks that are ranked below 200 on BSE in terms of Market Capitalization with an investment horizon of 3 to 5 years.

It has a close-ended investment strategy that comes with a lock-in period of at least 3 years. The inventors Naresh Gupta and Raman Nagpal, both being experienced computer scientists and business executives with experience of over two decades manage the portfolio of the investors.

Although, there is a stark difference between AIF and PMS and that is where firms like these come with their specializations in specific fields of investments.

5. Ampersand Capital

Ampersand Capital has a couple of highly experienced fund managers who aim to make the best out of the investments made by private investors.

Arun Subrahmanyam with experience of 25 years in Equity research and Sanjay Satapathy with experience of 16 years in fundamental research together plan the investments to book the maximum profits.

Ampersand Capital focuses on the companies with a proven track record as well as long term potential under category 3 AIF with an investment horizon of 3 to 5 years making it a close-ended AIF.

6. TCG Advisory

TCG Advisory has a unique investment approach where its main investment focus remains SMF, which is short for the Student Management Fund. However, the investment horizon still remains the same, i.e, 3 to 5 years.

Veteran fund manager Chakri Lokapriya, with a working experience of 20 years in JP Morgan, uses his expertise and handles the business of managing funds.

The fund is in its 5th year as the date of inception is July 2017.

Conclusion

“The individual investor should act consistently as an investor and not as a speculator”, Graham Bell.

Popular American Economist Graham Bell said this in the context of planning your investment where you should act wisely and take measured decisions instead of relying on mere predictions because that can be risky.

This quote suits the context here too as with 860 SEBI listed AIFs, it is a really confusing process to choose the best one for yourself and picking one based on gut feeling and casual predictions can be highly risky.

However, if you have your priorities and your investment goals clear in front of you, you will find several parameters on which you can judge an AIF and take a decision.

We hope we gave you an idea about the parameters on which an AIF has to be judged. When you plan your investment, use these parameters to filter the best AIF for yourself.

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