AIF commitments, quarter ending 31 December 2025
SEBI’s published figures for this quarter, reproduced as issued. Every number on this page is SEBI’s; where SEBI publishes a category subtotal it is used rather than a sum of its parts.
How large was India's AIF industry in the quarter ending 31 December 2025?
SEBI-registered Alternative Investment Funds had ₹15,74,050 crore in total commitments raised as at 31 December 2025. That is up 4.6% on the 30 September 2025 quarter. These are commitments and investments, not returns. SEBI publishes no comparable per-fund performance figure.
₹15,74,050 crore in total AIF commitments raised (SEBI, as at 31 December 2025)
By category
| Category | Commitments raised | Funds raised | Investments made |
|---|---|---|---|
| Category I | 97,988 | 57,679 | 47,316 |
| Category II | 11,64,118 | 4,24,964 | 3,84,169 |
| Category III | 3,11,944 | 1,96,086 | 2,13,541 |
| Total | 15,74,050 | 6,78,729 | 6,45,026 |
No commentary has been written for this quarter. The figures above are complete and are SEBI’s; what is missing is an opinion about them, and an empty opinion is worth less than none.
Source: SEBI data on AIF activities. Commitments and investments only. There is no public, standardised per-fund performance figure for Indian AIFs, and nothing on this page is one.