AIF

India Discovery Fund – II

CAT III - Long Only · Alternative Investment Fund

India Discovery Fund – II is an AIF (Alternative Investment Fund), in the cat iii - long only category. The minimum investment in any AIF is ₹1 crore.

Returns

Returns are not available yet.

Time-weighted returns after fees, as reported by the fund manager. Past returns do not guarantee future returns.

Strategy facts

Category: CAT III - Long Only
Minimum investment: ₹1 crore
Item: Detail
Type of Fund: Trust, Category I AIF (Angel Fund)
Fund Size: ₹ 500 crore + ₹ 100 crore “green-shoe”
Target IRR: 25 % gross (₹ terms)
Promoter / Sponsor: 35North Ventures Pvt Ltd – 2.5 % of corpus committed
Investment Manager: 35North Ventures Pvt Ltd
Management Fee: 2 % p.a. (plus taxes) on aggregate commitments
Performance Fee / Carry: 20 % (European waterfall)
Trustee & Fund Administrator: Amicorp Trustees Pvt Ltd

Common questions

What are the returns of India Discovery Fund – II?

Returns are not available yet.

What is the minimum investment for India Discovery Fund – II?

SEBI sets the minimum investment in an AIF at ₹1 crore per investor. Employees and directors of the fund manager can invest from ₹25 lakh.