Investments — Alternative Investments

Beyond the listed
universe.

For investors seeking opportunities beyond mutual funds and direct equities, we provide access to Specialized Investment Funds (SIFs), Portfolio Management Services (PMS) & Alternative Investment Funds (AIFs). These solutions are designed for larger investments, longer investment horizons, and differentiated risk-return opportunities tailored to sophisticated investors.

SIF MINIMUM₹10 Lakhs (SEBI mandated)
PMS MINIMUM₹50 Lakhs (SEBI mandated)
AIF MINIMUM₹1 Crore (SEBI mandated)
REGULATORSEBI
Specialised Investment Fund

The entry point into
alternative investing.

Introduced by SEBI in 2025, the Specialised Investment Fund is designed for investors who want access to sophisticated strategies but are not yet at the ticket size required for PMS or AIF. With a minimum of ₹10 lakhs, it is the most accessible starting point in the alternatives space.

ACCESSIBILITY

Lower entry point

At a minimum of ₹10 lakhs, SIF opens the door to alternative strategies for investors who are not yet at the ₹50 lakh PMS or ₹1 crore AIF threshold.

STRATEGIES

Sophisticated mandates

SIFs can run long-short equity, derivatives-based and sector-concentrated strategies not permitted under the standard mutual fund framework.

REGULATION

SEBI registered

SIFs are registered and regulated by SEBI, giving investors a formal grievance and oversight framework unlike unregulated structured products.

Minimum investment
₹10 lakhs — making it the natural first step for investors exploring alternatives before committing to PMS or AIF ticket sizes.
Structure
Operates as a pooled vehicle like a mutual fund but with far greater flexibility in instruments, concentration and strategy design.
Who it suits
Investors with a growing portfolio who want exposure to alternative return streams without locking up the larger sums that PMS and AIF demand.


Portfolio Management Services

A portfolio that is
yours alone.

Unlike a mutual fund where you own units of a pooled vehicle, a PMS holds securities directly in your own demat account — every buy and sell decision made for your specific portfolio.

DISCRETIONARY

Discretionary PMS

The portfolio manager makes all investment decisions independently within the agreed strategy. Suitable for investors who want professional management without being involved in day-to-day calls.

NON-DISCRETIONARY

Non-discretionary PMS

The manager recommends; you approve each transaction. Keeps you in the loop without the burden of originating ideas yourself.

STRATEGIES

Strategy selection

Strategies range from large-cap concentrated to multi-cap, dividend yield and special situations — matched to your risk appetite and time horizon.

Transparency
Holdings are visible in your own demat account at all times — no black box, no pooled reporting.
Reporting
Detailed transaction and performance reports issued periodically, benchmarked against a relevant index.
Fees
Fixed management fee or a profit-sharing structure depending on the strategy — disclosed fully before onboarding.

Alternative Investment Funds

Institutional-grade
strategies, accessed.

AIFs are privately pooled investment vehicles registered with SEBI, giving eligible investors access to strategies unavailable in the mutual fund universe — private equity, hedge strategies and structured credit.

CATEGORY I

Category I AIF

Venture capital, SME and infrastructure funds that back early-stage and growth businesses with a long horizon.

CATEGORY II

Category II AIF

Private equity and debt funds that invest in unlisted companies — the most widely accessed AIF category for HNI investors.

CATEGORY III

Category III AIF

Hedge funds and long-short strategies employing complex trading techniques for risk-adjusted returns independent of market direction.

Eligibility
Open to resident and non-resident Indians meeting SEBI's accredited investor criteria, with a minimum commitment of ₹1 crore.
Lock-in
AIFs typically have a fixed tenure with limited early-exit provisions — liquidity is lower than listed instruments by design.
Due diligence
We walk through the fund's track record, manager background and term sheet before any commitment is made.

Speak to the desk first

These products deserve
a proper conversation.

SIF, PMS & AIF are not one-click decisions. Call us and we will walk through the right fit for your portfolio size and goals.

Contact Jupiter Investments →
Investor Grievance
Investor Grievance

Raise a concern
with us directly.

If you have an unresolved complaint, reach us through either channel below. All grievances are logged and tracked under SEBI's investor grievance mechanism.

Phone 011-40224634, +91 8894360313
Email jupiterinvestments@outlook.com

For matters not resolved to your satisfaction, escalate to SEBI via the SCORES portal at scores.sebi.gov.in