Aditya Birla Private Equity Fund
- This is a high risk product, high return product. The fund aims for 30% IRR returns.
- The investment amount is as low as Rs 10 lacs one time or Rs 15 lac onwards in installments. First time private equity with such low investment amounts after our recommendations to various funds.
- The investment team has a good background and experience. Have given as much as 58% IRR in earlier deals in earlier careers.
- The fund is SEBI registered.
- It is proposed by the Birla group who are a professional group. They have earlier come with a larger private equity fund with larger investment size.
- They will be choosing unlisted companies who are budding to be listed where very high returns can be expected. Therefore the name sunrise fund. The investment team will be closely monitoring the management and performance of the companies in which they invest.
- The term of the product is 6 years.