Standard Capital Markets Limited, a leading Non-Banking Financial Company (NBFC), is pleased to announce its role as the Sponsor and Settlor for a Category III Alternative Investment Fund (AIF). This development marks a significant milestone in the company's continued commitment to expanding its financial services portfolio and contributing to the growth of the Indian financial market.
The company will invest ₹50 Crore in the first scheme of the fund, with plans to increase its investment in subsequent schemes. The fund is expected to deliver annual returns ranging from 15% to 20%, providing high-yield opportunities for its investors.
As an NBFC, Standard Capital Markets Limited has always been at the forefront of innovative financial solutions. In line with its strategic objectives, the company is now diversifying its offerings to include a Category III AIF, which focuses on providing high-risk, high-reward investment opportunities to institutional investors and high-net-worth individuals.
A Category III AIF, as recognized by the Securities and Exchange Board of India (SEBI), typically invests in complex financial instruments, including derivatives and structured products, and is designed to generate returns through a variety of strategies, including leveraged strategies, in the Indian capital market.
As the Sponsor and Settlor, Standard Capital Markets Limited will play a critical role in the establishment, management, and governance of the fund, ensuring that it operates in a transparent, compliant, and investor-friendly manner.
Commenting on this strategic development, Mr. Ram Gopal Jindal, Managing Director of Standard Capital Markets Limited, stated: "We are excited to announce our entry into the Category III AIF space as the Sponsor and Settlor. Our initial investment of ₹50 Crore in the first scheme is just the start. With expectations of delivering returns between 15% and 20% annually, we are confident that our investors will benefit from attractive returns in India's dynamic capital markets. As we continue to expand, we plan to increase our investment, ensuring a diversified and high-performance portfolio."
Key Highlights:
- Initial investment of ₹50 Crore in the first scheme of the Category III AIF.
- Expected returns of 15% to 20% annually, targeting high-growth opportunities.
- Plans to further invest in subsequent schemes to strengthen the AIF's portfolio.
- The AIF will pursue a variety of strategies, including complex instruments, hedging techniques, and high-growth private equity investments to provide a unique value proposition.
- Designed to cater to institutional investors and high-net-worth individuals (HNIs) looking for high-return opportunities.
- The Category III AIF will operate under the framework of the Securities and Exchange Board of India (SEBI), adhering to all regulatory guidelines to ensure transparency and governance.
Standard Capital Markets Limited's expansion into the AIF space underscores its ongoing commitment to providing innovative financial products and services. The company's role as both the Sponsor and Settlor reinforces its ability to lead and manage complex financial structures, providing investors with unparalleled opportunities in the evolving Indian financial landscape.