AIF investment picks up
Investments made by AIFs have crossed the Rs 24,800-crore mark at the end of the second quarter of 2016-17, a jump of 20 per cent from the preceding three months. Year-on-year, the AIF investment has more than doubled from Rs 11,254.71 crore at the end of September last year. The investment by AIFs stood at Rs 24,862.19 crore as of September 30 compared to Rs 20,667.2 crore at the end of June 30, according to the latest data with the Securities and Exchange Board of India (Sebi). The Category I AIFs poured in Rs 3,517 crore, Category II Rs 15,334 crore and Category III Rs 6,010 crore.
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