Steptrade Share Services, a Asset Management Company (AMC) specialising in Alternative Investment Funds (AIF), Portfolio Management Services (PMS), and Fund Management under IFSCA regulations, has announced the launch of a ₹1000 crore SME and microcap fund that includes a ₹500 crore green shoe option.
Steptrade Revolution Fund – Series II (SRF-II) is a close-ended Category III AlF designed to unlock growth potential in SMEs and Microcap enterprises.
What are AIFs?
AIFs are private investment funds that invest in non-traditional assets such as real estate, venture capital, and hedge funds. AIFs provide greater risk and potential returns than mutual funds, making them more suitable for institutional and high-net-worth investors.
Although AIFs have a higher risk, they may offer bigger returns than traditional assets like stocks and bonds. Additionally, it gives investors access to other asset classes and helps in portfolio diversification.
Features of the Steptrade Revolution Fund – Series II
- SRF-II offers investors access to Anchor Investment, Qualified Institutional Buyer (QIB), and Pre-IPO opportunities, catering to those seeking exposure to India’s next market leaders.
- The fund is designed to maximise value creation through a diversified portfolio, focusing on high-growth and underrepresented sectors.
CA Kresha Gupta, Founder and Director of Steptrade Share Services, said, “The next generation of market leaders is being built today. With our ₹500 crore AIF, we are committed to identifying and propelling high-potential Microcap and Small-cap companies toward their true potential.”
Also Read: What are close-ended and open-ended AIFs? All you need to know
