An Alternative Investment Fund (AIF) in India refers to a privately pooled investment vehicle structured as a trust, company, LLP, or corporate entity. AIFs aim to collect funds from diverse investors, including both domestic and foreign individuals, to invest according to a specified investment policy for the benefit of these investors. Unlike mutual funds or collective investment schemes regulated by SEBI, AIFs operate under their own framework. Certain entities, such as family trusts, ESOP trusts, employee welfare trusts, holding companies, and securitization trusts, are exempt from AIF regulations. Setting up an AIF as a trust is often preferred over a company or LLP, particularly for offshore funds, due to its simplicity, flexibility, and reduced statutory disclosure requirements. AIFs can be registered under three categories: Category I, Category II, and Category III. Read here https://structuredbiiz.com/seb....i-registered-alterna