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[Home](https://treelife.in) &gt; [FAQ](https://treelife.in/faq/) &gt; What is an Alternative Investment Fund (AIF)?

# What is an Alternative Investment Fund (AIF)?

###### Written By

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###### Published on

##### May 26,
2025

###### Last updated on

##### May 26, 2025
13:11

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An Alternative Investment Fund (AIF) is a privately pooled investment vehicle that collects funds from investors to invest in assets as per a defined investment policy. AIFs in India are regulated by SEBI under the SEBI (Alternative Investment Funds) Regulations, 2012, and are classified into three categories: Category I, Category II, and Category III.

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