12 Feb 2026 | 3 Mins Read

India's AIFs shifting focus from raising capital to delivering results

Flipitmoney

India's AIF ecosystem shifted from capital formation to performance accountability with sustained alpha over listed markets, driven by 24.02% aggregated benchmark pooled IRR compared to 15.3% for BSE Sensex TRI. Aggregate alpha is 8.7%, while dispersion across managers remains pronounced, with top-quartile IRRs in some vintages crossing 30%.