Understanding the risks in AIFs and PMS investments
Published by Mint
Abhishek Kumar's role: Quoted
Abhishek Kumar, founder of SahajMoney, said AIFs and PMSes rest on client contracts while mutual funds are tightly regulated, that many clients do not grasp the risks or contract terms, and that uncapped fees could push managers into concentrated bets.
More of Abhishek's views on money management
Mint looks at the risks in alternative investment funds and portfolio management services after two real estate AIFs wound up earlier in 2023 with delayed payouts or modest gains. It explains the three AIF categories, high upfront commissions and SEBI's new cap on them, uncapped fees, taxation, and how credit-risk money moved from mutual funds into these products. It includes comments from Abhishek Kumar.
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Understanding the risks in AIFs and PMS investments
