Commitments in Category III AIFs, which are high-risk funds that deploy complex trading strategies and may invest in shares and derivatives to generate short-term returns, stood at ₹3.15 trillion as of March. During the final quarter of FY26, commitments raised grew only about 1% compared with 6% growth in the same period last year. Funds raised rose merely 2%, much slower than the 14% increase in the fourth quarter of FY25.
