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What are Alternative Investment Funds? Experts explain SEBI's three AIF categories and how they differ from mutual funds

SEBI’s new GARUDA framework has brought Alternative Investment Funds (AIFs) into the spotlight. While the industry has grown rapidly over the past decade, AIFs remain less familiar than mutual funds. Here’s how experts explain the investment vehicle, who it is meant for and how SEBI classifies it. Source: Read the original article on www.livemint.com

By deepak · August 3, 2026 · 1 min read

SEBI’s new GARUDA framework has brought Alternative Investment Funds (AIFs) into the spotlight. While the industry has grown rapidly over the past decade, AIFs remain less familiar than mutual funds. Here’s how experts explain the investment vehicle, who it is meant for and how SEBI classifies it.

Source: Read the original article on www.livemint.com