SEBI Registered Category III AIFSEBI Cat III AIF|IN/AIF3/25-26/2089
A SEBI Registered Category III Alternative Investment Fund built to capture opportunities across listed and private markets, through a disciplined multi-asset framework and independent Investment Committee oversight.
Investment Universe
Category IIISEBI Reg. IN/AIF3/25-26/2089
Markets create wealth through multiple pathways, not just one.
While most investors remain limited to traditional equity exposure, institutional capital routinely allocates across differentiated strategies, special situations, and multiple market segments to generate superior risk-adjusted returns. This asymmetric access to opportunities has historically been a key differentiator of institutional performance.
Safal Digifin Growth Fund is a SEBI-registered Category III AIF that seeks to democratise this institutional advantage for sophisticated investors. Through a diversified, research-driven approach, the fund targets capital appreciation across public and private markets with disciplined risk management at every stage.
Fund Snapshot
SEBI Reg. IN/AIF3/25-26/2089
All figures per SEBI registration. Subject to change per PPM.
Traditional portfolios often remain restricted to a limited set of opportunities, primarily listed equity or fixed income instruments. This structural limitation leaves significant alpha on the table for investors who could otherwise access differentiated strategies.
Category III Alternative Investment Funds are designed to address this gap. They provide sophisticated investors with access to differentiated investment strategies, robust risk management frameworks, and opportunities spanning multiple market segments simultaneously, within a single regulated vehicle.
The Safal Digifin Growth Fund combines public market opportunities, private market access, and structured derivative strategies within a single, SEBI-regulated institutional investment vehicle, purpose built for HNIs, family offices, corporate treasuries, and institutional investors.
| Traditional Portfolio | Category III AIF |
|---|---|
| Listed equities only | Multi-asset, multi-market access |
| Limited to public markets | Public + private market access |
| No derivative strategies | Hedged derivative strategies |
| Retail risk framework | Institutional risk management |
| No performance alignment | Hurdle-based carry structure |
| Restricted IPO access | Anchor, QIB & Pre-IPO allocation |
| Standard governance | SEBI-regulated, IC oversight |
Structural comparison only. It does not represent the performance of any portfolio.
Each pillar carries its own entry logic, holding period and exit route. Together they smooth the return profile of a multi-asset book.
Hedged, model-backed positions
Systematic, research-driven derivative strategies built on hedged, model-backed positions. Zero speculative exposure. Every position is reviewed against predefined risk parameters and sectoral caps. The objective is consistent yield enhancement and downside protection.
Read the strategy6 to 12 months before listing
Access high-conviction businesses 6 to 12 months before public listing, at valuations below broad market discovery. Our framework evaluates fundamentals, promoter track record, sector tailwinds, and IPO readiness before any allocation decision.
Read the strategyEntry before retail participation
Participate in quality main board and SME IPOs through anchor investor and QIB allocation routes. Entry before retail participation, at pricing based on fundamental merit rather than market sentiment.
Read the strategyBottom-up fundamental research
Long-term wealth creation through deep fundamental research. Bottom-up company analysis combined with top-down sector positioning, in a concentrated high-conviction portfolio with active monitoring and structured exit planning.
Read the strategyProcess
Six stages, applied to every allocation without exception.
Deep fundamental and sector analysis forms the foundation of every allocation decision.
All opportunities reviewed by the IC for alignment with fund mandate and risk parameters.
Systematic quantification of downside scenarios, correlation risk and liquidity factors.
Position sizing based on conviction, risk-reward dynamics and portfolio construction rules.
Active daily monitoring of positions against entry thesis, NAV, and target price bands.
Multi-stage exit planning through listing gains, strategic sale, and market monetization.
Commercial terms published upfront, so the conversation starts with facts.
How gains are split
By gross annual return
Below a 12.5% return the manager earns the 2.5% management fee and no carry. Above it, the excess splits 80% to investors and 20% to the manager.
All figures per SEBI registration. Subject to change per PPM.
We study markets, sectors and individual companies before we invest. We don't follow the crowd. We buy when we believe in a business and the price makes sense.
We hedge where it's needed, cap how much goes into any one sector, and the Investment Committee keeps an eye on the portfolio at every stage.
One fund gives you access to listed shares, pre-IPO companies, IPO allocations and derivative strategies.
The fund is a SEBI-registered Category III AIF with an independent Investment Committee, a professional fund manager, and regular audits and reporting.
You get regular updates on NAV, what drove returns and what was bought or sold. You can also speak to the investment team directly.
We earn a performance fee only after investors make more than 12.5% a year. We do well only when you do.
Four partners, a fund manager and an independent Investment Committee. The people who decide on investments are kept separate from those who hold the assets and those who check the books.
Partners of Safal Digifin LLP, the sponsor and investment manager.
Run portfolio construction and day-to-day execution of the fund.
Chartered Accountant with experience across alternative investments, banking, venture capital and financial research. Currently involved in portfolio construction, investment research, investor onboarding and fund operations at Safal Digifin Growth Fund.
Reviews and approves every investment before money goes in.
Governance and Oversight
Most of our deals come through people we have known for years.
Read the fund, or speak to the manager.
Notes on valuation, fund structure and primary market mechanics. Written for investors and partners, not as investment advice.
The category is not a quality rating. It is a description of which instruments a fund may hold and how it is taxed, and both change what you should expect from it.
A headline valuation describes the company. The capital structure underneath it describes what your shares are worth, and the two can differ by a great deal.
A position you cannot sell on the day it is worth most has a different value from one you can. Most pre-IPO allocations carry a lock-in, and the date matters as much as the price.
Including the ones about risk and liquidity that a brochure usually leaves out.
A Category III Alternative Investment Fund (AIF) is a privately pooled fund registered with SEBI under the SEBI (Alternative Investment Funds) Regulations, 2012. Category III funds employ diverse or complex trading strategies and may use leverage, including through listed or unlisted derivatives. Safal Digifin Growth Fund is registered in this category under SEBI registration IN/AIF3/25-26/2089.
Yes. The fund is registered with SEBI as a Category III Alternative Investment Fund under registration number IN/AIF3/25-26/2089. Its investment manager is Safal Digifin LLP, based in Ahmedabad, Gujarat.
The fund is open to resident Indian HNIs, family offices, corporate treasuries, institutions and eligible NRIs who meet the minimum investment threshold of ₹1 crore. Under SEBI AIF Regulations you should be able to bear the risk of loss of capital and should not require liquidity from this allocation.
The minimum investment is ₹1 crore per investor, which is the minimum SEBI sets for an Alternative Investment Fund. The fund's full terms are in its Private Placement Memorandum, which you can request from the team.
Eligible NRIs can invest, subject to the fund's terms, the ₹1 crore minimum and the foreign exchange rules that apply to their residency status. Tell the team where you are resident when you enquire, so they can confirm exactly what is needed.
Performance carry is earned only on returns above a 12.5% per annum hurdle. Below that level the manager receives the 2.5% management fee and no carry. Above it, the split on the excess is 20% to the manager and 80% to investors.
The fund is open ended with a 1-year hard lock-in. Exits are planned across multiple stages through listing gains, strategic sale and market monetization.
No. Investments in Alternative Investment Funds involve significant risk, including the possible loss of principal. Past performance does not guarantee future results and no return is assured.
A mutual fund is open to all investors and is governed by separate SEBI rules with tighter limits on derivatives and leverage. A portfolio management service (PMS) manages securities held in each client's own demat account. A Category III AIF pools capital from investors who each commit at least ₹1 crore into one fund, and may use derivatives and leverage within SEBI's limits.
Pre-IPO investing means buying shares of a company before it lists on a stock exchange. It is one of the fund's strategies, alongside IPO anchoring, hedged derivatives and research based equity. Unlisted shares can be hard to sell until the company lists, listing is never assured, and their value can fall as well as rise.
Valuation follows SEBI AIF requirements, including independent valuation of unlisted holdings. Investors receive regular communication covering NAV, portfolio attribution, transaction summaries and direct access to the investment team.
Sectoral exposure caps and position limits are set by the Investment Committee before capital is committed, and the derivative sleeve is run as a hedge against the equity book rather than as a directional bet.
Safal Digifin LLP is at Office 608-609, Anam 2, Ambli T-Junction, Ahmedabad 380058, Gujarat, India. You can book a meeting on the Appointment page, or call the office on +91-7227906015.
Tell us about your investment mandate and we will share the private placement material, along with a time to speak directly with the investment team.
Private Placement Memorandum and fee schedule
Current portfolio composition and pipeline
Direct access to the investment team
Response within one working day
Investments in Alternative Investment Funds involve significant risk, including the possible loss of principal. Past performance does not guarantee future results. This communication is intended solely for sophisticated investors as defined under the SEBI (Alternative Investment Funds) Regulations, 2012. Minimum investment thresholds apply. This is not an offer or solicitation to buy or sell securities. Please read the Private Placement Memorandum carefully before investing.
Minimum investment ₹1 Crore. Takes about a minute.
