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.
For some public floats, expenses can be up to 17% of funds raised
The larger the IPO, the lower the expense ratio, the data showed. Offerings under ₹500 crore incurred average costs of 9.3%, while mega IPOs above