AlternativeInvestment Funds
Categories I, II & III — SEBI-regulated pooled vehicles for sophisticated investors. This page is for information only.
Important disclosure — please read
For Portfolio Management Services (PMS) and Alternative Investment Funds (AIF), Money Compound may refer clients to SEBI-registered Portfolio Managers / AIF managers. Money Compound does not distribute, select, or advise on PMS or AIF products, and is not registered with APMI. Onboarding, scheme selection, performance reporting and grievance handling for AIF is the responsibility of the SEBI-registered AIF manager. AIF investments involve significant risk, illiquidity and high minimum tickets (currently ₹1 crore as per SEBI norms) and are intended for sophisticated investors only.
What is an AIF?
An Alternative Investment Fund is a privately pooled investment vehicle registered with SEBI under the SEBI (Alternative Investment Funds) Regulations, 2012. AIFs invest in asset classes outside the traditional equity-debt-cash universe, such as private equity, venture capital, real-estate funds, and long-short strategies.
AIFs are designed for sophisticated investors. The minimum ticket size (₹1 crore as per current SEBI norms), lock-ins, and risks are governed by the AIF Regulations and managed by the SEBI-registered AIF manager — not by Money Compound.

"Privately pooled, SEBI-regulated vehicles for sophisticated investors."
SEBI AIF Categories
Category I
Funds investing in start-ups, early-stage ventures, social ventures, SMEs, infrastructure and sectors considered socially or economically desirable by SEBI / Government of India.
Category II
Private equity funds and debt funds that do not use leverage or borrowing other than to meet day-to-day operational requirements, per SEBI norms.
Category III
Funds employing diverse or complex trading strategies, including long-short and derivative positions, with the use of leverage as permitted under SEBI's AIF Regulations.
Our Role
Money Compound is an AMFI-registered Mutual Fund Distributor. We do not act as a distributor, adviser, or selector for AIF products.
Referral Only
Interested HNI clients may be referred to SEBI-registered AIF managers. Selection of the manager and product remains with the client.
Independent Onboarding
AIF onboarding, KYC, contribution agreements, valuation and grievance handling are managed by the SEBI-registered AIF manager.
Risk-Appropriate Information
AIFs are illiquid, long-duration and high-risk by design. They are not suited for most retail or first-time investors.