India context
Indian Investment Markets
A careful, dated guide to India’s market institutions, investment vehicles and rapidly evolving private-market landscape.
Explore the field
4 guides. 20 connected topics.
Every topic below links to a substantial, indexable section inside a complete pillar guide.
Featured coverage
Research and explainers.
Alternative Investment Funds (AIFs) in India
A careful introduction to India’s Category I, II and III AIF framework.
Specialized Investment Funds (SIFs) in India
Where SIFs sit between traditional mutual funds and more complex investment structures.
What Are Alternative Investments?
A practical map of assets beyond traditional listed stocks, bonds and cash.
Four cases · balanced evidence
Two outcomes that worked. Two that fell short.
Use the real result to pressure-test the guide: chronology, economics, stakeholder outcomes and primary sources are shown inside every file.
Open the complete category →India's AIF market: ₹13.49 lakh crore committed is not ₹13.49 lakh crore invested
SEBI's March 2025 AIF statistics reveal three different capital pools. This case explains unfunded commitments, deployment pacing, category mix and LP liquidity risk.
Read the case →What workedIndia's SIF rollout: the product label arrived before the rulebook stopped moving
A dated reconstruction of India's SIF framework from February 2025 to July 2026, showing why investors must read the current strategy document, exposure rules and distributor credentials.
Read the case →What fell shortSahara OFCDs: a 'private' offer that created a public-scale verification problem
A primary-source Sahara OFCD case study explaining why issue classification mattered, how SEBI's 15% refund direction worked, and why identifying and repaying genuine investors became central.
Read the case →What fell shortPACL: why a ₹49,100 crore refund order became an eleven-year recovery operation
A current PACL case study using SEBI orders and refund notices: the collective-investment finding, property-recovery machinery, ₹1,163.03 crore paid by March 2025, and the documentation lessons for Indian investors.
Read the case →Knowledge graph
Continue into related investment fields.
Explore the theme