YOU ARE ON THE NEW NSE WEBSITE, ACCESS THE OLD WEBSITE ON THE URL www1.nseindia.com

24-Mar-2023 | 82.6125

20-Mar-2023

Login to

You will be redirected to
another link to complete the login

Feedback
Login to Exchange, Mutual Fund, NCFM

NSE Indices – AIF Benchmark Report Highlights


Considering the rising importance of AIFs as an asset class for investors, NSE Indices Ltd. (appointed by IVCA as one of the benchmarking agencies) has created a suite of benchmark indices to measure returns across various Categories of AIFs. The Nifty Alternative Investment Fund (AIF) Benchmark Report aims to provide the users insights into the aggregate historical performance of various categories of AIFs in India. This increased transparency will benefit investors and facilitate comparison of AIFs with their peers and with public market equivalents, where applicable.

NSE Indices also launched its First ever sub–category level report for the period ended 31st March 2022, which features a host of finely curated sub-category indices to enable a more nuanced benchmarking of AIF performances.

 

Performance Highlights – March 2022

CATEGORY I                         

Vintage Year

Scheme

Count

INR

USD

Pooled XIRR (%)

Pooled DPI

Pooled RVPI

Pooled TVPI

Pooled XIRR (%)

Pooled DPI

Pooled RVPI

Pooled TVPI

FY 2014

4

11.57%

0.60

1.10

1.70

8.48%

0.53

0.96

1.49

FY 2015

7

9.30%

 1.03

 0.58

 1.61

6.66%

0.92

0.49

1.41

FY 2016

17

37.14%

 0.43

 3.33

 3.76

33.76%

0.40

3.00

3.40

FY 2017

11

41.74%

 0.21

 2.35

 2.56

37.72%

0.20

2.20

2.40

FY 2018

10

40.51%

 0.20

 1.94

 2.14

36.88%

0.19

1.84

2.04

FY 2019

9

48.73%

 0.00

 2.10

 2.10

45.09%

 0.00

 2.01

 2.02

FY 2020

13

27.86%

 0.01

 1.35

 1.36

24.36%

 0.01

 1.31

 1.31

FY 2021

4

31.45%

 0.00

 1.19

 1.19

27.73%

 0.00

 1.17

 1.17

Total Schemes

75

 

Data as of 31st March 2022; Returns and multiples are calculated on a post-expenses, pre-carry, and pre-tax basis

DPI: Distributions to paid-in capital, RVPI: Residual Value to paid-in capital, TVPI: Total Value to paid-in capital

Benchmark metrics are published starting from that vintage year in which more than 3 schemes are available

RBI reference rates are used for calculation of metrics in USD terms

Please refer the full report for complete scheme eligibility criteria and number of schemes excluded from calculation of above benchmarks

CATEGORY II

Vintage Year

Scheme

Count

INR

USD

Pooled XIRR (%)

Pooled DPI

Pooled RVPI

Pooled TVPI

Pooled XIRR (%)

Pooled DPI

Pooled RVPI

Pooled TVPI

FY 2014

12

10.28%

1.20

0.16

1.36

7.59%

1.12

0.13

1.26

FY 2015

11

10.82%

0.58

0.94

1.53

8.05%

0.55

0.83

1.37

FY 2016

17

15.52%

0.56

1.16

1.73

12.98%

0.53

1.05

1.58

FY 2017

32

12.54%

0.44

0.92

1.35

9.50%

0.42

0.84

1.26

FY 2018

44

19.86%

0.47

1.22

1.69

16.21%

0.44

1.11

1.55

FY 2019

60

33.27%

0.31

1.34

1.66

30.06%

0.31

1.29

1.59

FY 2020

52

21.39%

0.31

0.94

1.25

18.43%

0.31

0.91

1.22

FY 2021

35

16.39%

0.29

0.85

1.14

13.78%

0.29

0.83

1.12

Total Schemes

263

 

Data as of 31st March 2022; Returns and multiples are calculated on a post-expenses, pre-carry, and pre-tax basis

DPI: Distributions to paid-in capital, RVPI: Residual Value to paid-in capital, TVPI: Total Value to paid-in capital

Benchmark metrics are published starting from that vintage year in which more than 3 schemes are available

RBI reference rates are used for calculation of metrics in USD terms

Please refer the full report for details of complete scheme eligibility criteria and number of schemes excluded from calculation of above benchmarks

 

 

 

CATEGORY III

Period

Benchmark Returns

Public Market Indices Returns (INR)

Asset Weighted

INR

Asset Weighted

USD

Nifty 50

TR

Nifty Total

Market TR

Nifty Composite Debt TR

Since Inception*

15.89%

13.35%

15.35%

17.04%

8.70%

5 Years

12.03%

8.58%

15.15%

14.55%

7.43%

3 Years

15.63%

12.15%

15.87%

16.92%

8.49%

2 Years

38.40%

38.01%

44.05%

48.07%

6.85%

1 Year

21.31%

17.62%

20.26%

22.80%

5.12%

Data as of 31st March 2022; Total schemes considered for above analysis – 148

Returns are calculated on a post-expenses, pre-carry, and pre-tax basis

RBI reference rates are used for calculation of metrics in USD terms

*Indices have been created from the quarter in which at least three schemes were available i.e., September 2013

Please refer the full report for details of complete scheme eligibility criteria and number of schemes excluded from calculation of above benchmarks.

 

Form:

Updated on: 10/02/2023