Journals › Basic Terminologies
Category I, II aur III ka dhaancha aur unka minimum ticket size
Published by The Retail Trader · JUL 22, 2026 · AIF, PE & Alternates
Alternative Investment Fund ek pooled vehicle hai jo mutual fund ke framework se bahar chalta hai. Uski teen categories hain aur wo alag alag tarah ka nivesh karti hain.
Category I un sectors mein jaata hai jinhe policy ke hisaab se protsahan diya jaata hai — jaise venture capital, infrastructure aur social ventures.
Category II ek chaudi category hai jisme private equity aur debt funds aate hain, jo leverage ka istemal aam operations ke liye nahi karte.
Category III wo hai jo complex strategies aur leverage use kar sakti hai — long short aur hedge fund style strategies yahin aati hain.
Teenon par ye baatein lagti hain:
• Minimum investment bahut bada hota hai, isliye ye retail product nahi hai.
• Lock-in aur limited liquidity iska normal hissa hai, exception nahi.
• Fee structure mein management fees ke saath performance fees bhi hoti hai.
• Reporting mutual fund jitni frequent aur standardised nahi hoti.
AIF ka pitch aksar exclusivity par hota hai, par exclusivity return nahi hai. Yahan sabse zaroori sawaal ye hai ki paisa kitne saal ke liye jaa raha hai — kyunki us duration mein wo aapke liye maujood hi nahi hoga.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.