New Delhi, Dec. 8 -- Smita and Ravi, a married couple in their late 30s, are steadily climbing the corporate ladder. Their investment portfolio has grown to over Rs.4 crore, and for some time now, their wealth adviser has been making the case for investing in an alternative investment fund (AIF).

However, the minimum ticket for this, as per regulations, is Rs.1 crore, and they are unsure if it really fits into their portfolio.

Meanwhile, Arindam, retired and in his mid-60s, has been carefully managing his corpus, which stands at Rs.9 crore. His bank relationship manager has also proposed several AIFs to him, including private equity and real estate.

He feels he can afford to commit Rs.1 crore, but given his age, he is wary of the long ...