AIFs Emerge as Key Pillar of India’s Capital Markets: SEBI Chief
Mar 12, 2026
Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Wednesday said that Alternative Investment Funds (AIFs) have emerged as a significant pillar of India’s capital markets, with total commitments reaching around ₹15.7 trillion as of December 2025.
Speaking at the IVCA Conclave 2026 in Mumbai, Pandey said AIFs are increasingly playing a crucial role in channelising capital to priority sectors such as renewable energy, energy storage, logistics and strategic manufacturing, particularly at a time of global geopolitical uncertainties.
He noted that India currently has more than 1,700 registered AIFs, with investments amounting to about ₹6.45 trillion. The sector has recorded a compound annual growth rate (CAGR) of nearly 30 per cent over the past five years, reflecting its expanding role in supporting economic growth and financing emerging industries.
Pandey added that the strong growth of AIFs highlights the increasing participation of private capital in strengthening India’s financial ecosystem and funding new-age sectors.