Portfolio management and AIF inflows reshape India’s alternative investment landscape

India’s alternative investment space has expanded sharply, with PMS and AIF assets together crossing ₹23 lakh crore as affluent investors seek diversified, higher-yield strategies. Industry analysts attribute the surge to rising risk appetite, improved regulatory frameworks, and strong performance across equity-linked themes. The segment’s rapid growth is also drawing new managers and institutional interest, reinforcing its role as a key pillar in India’s evolving capital-market ecosystem.