MUMBAI: ASK Investment Managers Ltd. has launched digital onboarding for its Alternate Investment Fund (AIF), the first of its kind in the industry. The ASK Emerging Opportunities Fund, a close-ended Category-III, long-only AIF is a flexi-cap portfolio with a mid-cap bias and will invest in listed Indian equities. ASK IM’s platform is enabled for Digital Signatures using the Aadhaar e-Sign platform. It is also integrated with payment gateway making the entire process is seamless and integrated on a real-time basis with its backend systems thereby providing a seamless digital journey. As per recent Sebi data, AIFs saw commitments worth ₹82,228 crore in FY21 from Institutions, family offices and high net-worth individuals who are looking to invest in such opportunities."

Source: Mint August 16, 2021 06:11 UTC