Rs 23 Lakh Crore Boom in Alternative Investments
India’s alternative investment sector has soared to Rs 23.43 lakh crore, achieving an impressive 31.24% CAGR over the last decade. Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs) have driven this growth, reaching significant milestones by September 2025.
The PMS segment grew from Rs 1.27 lakh crore to Rs 8.37 lakh crore, a 20.75% CAGR. Meanwhile, AIF commitments skyrocketed from Rs 27,484 crore to Rs 15.05 lakh crore, marking a phenomenal 49.23% CAGR. As of November 2025, India boasts 1,699 registered AIFs, highlighting the dynamic potential of alternative investments in wealth management.