AIF commitments, quarter ending 31 March 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 March 2025?
SEBI-registered Alternative Investment Funds had ₹13,49,051 crore in total commitments raised as at 31 March 2025. That is up 3.4% on the 31 December 2024 quarter. These are commitments and investments, not returns. SEBI publishes no comparable per-fund performance figure.
₹13,49,051 crore in total AIF commitments raised (SEBI, as at 31 March 2025)
By category
| Category | Commitments raised | Funds raised | Investments made |
|---|---|---|---|
| Category I | 89,083 | 49,373 | 42,931 |
| Category II | 10,30,041 | 3,66,621 | 3,32,201 |
| Category III | 2,29,927 | 1,47,435 | 1,63,029 |
| Total | 13,49,051 | 5,63,429 | 5,38,161 |
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.