“The number of AIFs has increased at a rapid pace and the performance benchmarking for AIFs is a step in the right direction since it will provide valuable data to investors while deciding to invest in a particular AIF. It may also give a boost to AIFs as an investment class since new investors may be attracted after being able to see the performance of different AIFs.”

– Think Legal

“Sebi’s intent behind proposing performance benchmarking by AIF’s is to facilitate informed investment decisions by investors and to minimize mis-selling of AIF’s as investment products. This is certainly a welcome move and would bring about transparency and credibility thereby boosting investor confidence in the long run .”

– AZB & Partners