Skip to content

NISM Certifications · NISM-Series-X-A: Investment Adviser (Level 1) · Overview of Alternative Investment Funds (AIFs)

Under the AIF Regulations, the minimum investment amount that an investor must commit to an AIF (other than accredited investors or employees/directors of the manager, who have relaxations) is:

The minimum investment per investor in an AIF is Rs 1 crore. A lower threshold of Rs 25 lakh applies only to employees or directors of the AIF or its manager. This high ticket size reflects that AIFs are meant for sophisticated investors.

  1. ARs 10 lakh
  2. BRs 25 lakh
  3. CRs 1 croreCorrect
  4. DRs 5 crore

Explanation

The regulations prescribe a minimum investment of Rs 1 crore per investor in an AIF. Lower amounts apply to employees or directors of the AIF or manager (Rs 25 lakh). Rs 10 lakh and Rs 5 crore are not the prescribed minimum.

Did you get it right without looking?

One question tells you little. A timed set on Overview of Alternative Investment Funds (AIFs) shows your real accuracy, how long you take and where you lose marks.

Practise Overview of Alternative Investment Funds (AIFs)Free diagnostic mock

More Overview of Alternative Investment Funds (AIFs) questions