At present, an investor with an income or net worth below a certain threshold has to chip in at least ₹1 crore to invest in an AIF – the regulatory term for PE and VC funds. The entry level investment has remained unchanged since AIF rules were announced in 2012.
Warren Buffett’s 7 golden rules for young investors trying to manage finances
Warren Buffett shares seven essential financial lessons for young investors, emphasising frugal living, eliminating high-interest debt, long-term investing, understanding businesses, maintaining cash reserves and portfolio