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Alternative Investment Fund

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Alternative Investment Fund (AIF)    Any fund established or incorporated in India    Alternative Investment Fund Meaning AIF means any fund established or incorporated in India. It is a privately pooled investment vehicle. It collects funds from investors, whether Indian or foreign. Categories    Category I AIF        1.    Venture capital fund- Invest in start-ups that have a high growth potential but lacking funds to  expand further.        2.    Infrastructure fund-Invest in the development of public infrastructures like roads, rail, and airports  infrastructure          3.  Angel Fund-Invest in startups and they bring their experience in business management to guide the company          4.  Social Venture Fund-Invest in companies that intend to make a profit while solving social and environmental issues.  Category II AIF      AIFs which do not fall in categories 1 and III.      It does not undertake leverage or borrowing other than day to day operational      Real estate funds, pr