Alternative Investment Funds (AIF for short) are those funds created or established in India as a privately pooled investment vehicle in order to collect funds from specific investors as per a previously defined investment policy.
source https://www.caclubindia.com/articles/alternative-investment-funds-aif-46863.asp
source https://www.caclubindia.com/articles/alternative-investment-funds-aif-46863.asp
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