Menu
An Alternative Investment Fund represents a SEBI-regulated private capital pooling mechanism that gathers resources from qualified investors to deploy capital according to predetermined investment strategies. AIFs focus on unlisted enterprises, private equity opportunities, debt instruments, and alternative asset classes outside conventional mutual fund structures.
AIFs operate under three distinct classifications:
Category I: Venture capital initiatives, startup funding, infrastructure projects, SME support funds
Category II: Private equity investments, debt financing funds, real estate opportunities, distressed asset recovery
Category III: Hedge fund operations utilizing sophisticated trading methodologies and leverage mechanisms
Category II AIFs concentrate on unlisted enterprise investments, private equity stakes, and debt instrument portfolios. These funds maintain conservative leverage approaches while emphasizing medium to long-term value enhancement through strategic portfolio oversight.
AIFs cater to sophisticated investor segments, including High Net Worth Individuals (HNIs), Ultra High Net Worth Individuals (UHNIs), family investment offices, and institutional participants who comprehend alternative investment complexities.
Minimum capital commitment stands at ₹1 crore per participant according to SEBI guidelines for Category II AIFs. Additional contributions follow specifications detailed in the fund documentation.
Investment ceilings depend on specific fund capacity and framework, as detailed in the Private Placement Memorandum documentation. No regulatory limitations exist for maximum capital deployment.
Category II AIF schemes accommodate a maximum of 1,000 participants per SEBI regulations. Capital mobilization occurs exclusively through private placement channels.
Evergreen Optima Diversified Fund-I operates as a closed-end structure spanning 5 years from initial closing. Fund duration may extend through two additional annual periods (creating a 5+1+1 framework), subject to two-thirds investor approval and regulatory compliance.
Capital deployment follows a drawdown structure where participants commit funds initially, but capital calls occur in phases as suitable investment opportunities emerge and require funding.
Our strategy targets emerging enterprises across varied sectors requiring expansion capital. We focus on organizations needing additional resources for sustained growth acceleration, typically securing meaningful minority ownership positions.
Our efficient approach encompasses systematic evaluation, initial due diligence assessment, detailed analysis, investment execution, and continuous oversight. Timelines fluctuate based on transaction complexity levels.
Company evaluation relies on five essential elements: Leadership/Management caliber, Sector concentration in expanding markets, Market dominance potential, Business development stage requiring external funding, and Defined exit opportunities.
We deliver active enhancement through board involvement, strategic advisory, operational guidance, talent recruitment support, and business expansion through our professional network.
Returns correlate with portfolio enterprise performance, market dynamics, and exit scheduling. While targeting superior risk-adjusted outcomes, historical performance cannot predict future achievements.
Success measurement utilizes Internal Rate of Return (IRR) and cash-on-cash multiplication metrics. Regular performance documentation and investor communications follow regulatory standards.
Exit pathways encompass IPO launches, strategic acquisitions by larger entities, secondary market transfers, company buybacks, and management-led acquisitions. India's dynamic IPO landscape creates favourable exit conditions.
AIF fee arrangements include management charges, establishment costs, and performance-linked compensation as specified in fund documentation. Complete fee transparency appears in the Private Placement Memorandum details.
Category II AIFs maintain pass-through tax treatment, placing taxation responsibility at the participant level. Capital gains taxation varies by holding duration and security classification. Professional tax consultation is advisable.
Tax implications differ based on investment tenure and security categories. Participants should engage tax professionals for a personalized impact assessment based on individual situations.
SEBI oversees AIFs under AIF Regulations 2012. Evergreen Investment Trust maintains SEBI registration and adheres to all compliance obligations, including periodic reporting and disclosure standards.
SEBI requires independent trustees, custodians, auditors, and legal counsellors. Fund asset separation, routine audits, and standardized reporting create comprehensive participant protection.
We collaborate with premier institutions: Axis Bank (Custodial Services), Axis Trustee Services (Trust Management), J Sagar Associates (Legal Counsel), and KFin Technologies (Fund Accounting), ensuring institutional-grade operations.
Principal risks encompass illiquidity throughout fund duration, market fluctuations, concentration exposure, management reliance, and regulatory modifications. Unlisted investments present elevated risk versus traditional alternatives.
We implement thorough due diligence, diversification across industries and enterprises, active surveillance, professional risk management systems, and seasoned team supervision.
Our strengths include seasoned professionals with extensive portfolio management experience, streamlined due diligence capabilities, robust network access through industry relationships, and institutional governance collaborations.
We invest across diverse industries encompassing automotive components, agricultural equipment, textiles, steel manufacturing, cold storage/logistics, telecommunications, education, and additional emerging corporate sectors with expansion potential.
Contact us at relationship@evergreenfinvest.com or +91 92277 11838. Our investment professionals can supply comprehensive fund materials, schedule consultations, and address specific inquiries.
Participants obtain Private Placement Memorandum (PPM), subscription materials, quarterly updates, and regular investment communications per regulatory requirements.
Start with an initial consultation, examine fund materials, complete KYC and suitability evaluation, execute subscription agreements, and establish capital commitment per the agreed timeline.
Unlisted investments provide access to high-growth enterprises before public listing, potential for enhanced returns, portfolio diversification benefits, and participation in India's economic expansion narrative.
AIF investments remain illiquid during the fund operation period. Participants should prepare for a full-term capital commitment without anticipating intermediate liquidity options.
Trustees supervise fund activities and safeguard participant interests, while custodians securely maintain fund assets. These independent entities deliver additional governance and participant protection measures.
Disclaimer: This material serves educational purposes exclusively. Please review the Private Placement Memorandum thoroughly before investing. Historical performance cannot guarantee future outcomes. Invest only after understanding and accepting investment risks.
SEBI Registration No. IN/AIF2/25-26/1847
Evergreen stands dedicated to discovering tomorrow's market leaders by partnering with growing enterprises ready for transformation.
Investment in Securities Market are subject to market risks. Read all related documents carefully before investing.
Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. The securities quoted are for illustration only and are not recommendatory
Copyright © 2025 . All Rights Reserved.