Preqin is proud to launch our first dedicated performance benchmark for India’s Alternative Investment Funds (AIFs) in partnership with the Indian Venture and Alternate Capital Association (IVCA) and under eligibility from the Securities and Exchange Board of India (SEBI). The benchmark comprises 296 schemes across Category I, II, and III AIFs for performance data as of March 31, 2021.

India’s AIF industry is experiencing rapid growth and attracting investor interest. With a total of more than 912 AIFs, the industry has grown from $36bn at the end of 2016 to $72bn by September 2021, an increase of more than 100% in AUM for SEBI-registered funds alone.

In our inaugural benchmark report, we reveal key findings such as net IRRs and multiples, capital calls and distributions, and net cash flow. We also look at how Category I funds (early stage funds) compare against the MSCI India Total Return Index.

If you are a GP interested in obtaining a custom performance benchmark to measure your scheme against other AIFs in India, please contact us by filling in your details here.