CRISIL Research has launched sub-category-level benchmarks for the domestic alternative investment fund (AIF) industry. These benchmarks are the logical next step to the original category-level benchmarks introduced in October 2020 and provide peer comparison for AIFs belonging to seven sub-categories within the three broad AIF categories - I, II and III.
The move will usher in granularity and enable metrics-driven investment decision-making by stakeholders in the fast-growing industry, based on due comparison of equivalent funds.
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