Standard Capital Markets has joined as Sponsor and Settlor for a Category III Alternative Investment Fund (AIF). The company will invest Rs 50 crore in the first scheme of the fund, with plans to increase its investment in subsequent schemes. The fund is expected to deliver annual returns ranging from 15% to 20%, providing high-yield opportunities for its investors.
In line with its strategic objectives, the company is now diversifying its offerings to include a Category III AIF, which focuses on providing high-risk, high-reward investment opportunities to institutional investors and high-net-worth individuals.
Standard Capital Markets is a Non-Banking Financial Company.
