SEBI 2026 Reforms Impact Investment Choices for High Net Worth Individuals in India

High Net Worth Investors (HNIs) are navigating new investment landscapes following the <b>SEBI 2026 reforms</b>. Experts Akshaya Bhansali and Suyash Bhandari highlight that choosing between Alternative Investment Funds (AIFs), mutual funds, and Portfolio Management Services (PMS) now requires careful assessment of liquidity, tax implications, and costs. While mutual funds remain accessible to the general public with minimum investments as low as INR 1,000, AIFs operate through privately pooled funds. These funds typically mandate a <b>minimum ticket size of INR 1 Crore</b>, unless the investor qualifies under specific exempt categories, such as being an Accredited Investor. Investors must recognize that these financial vehicles operate under distinct regulatory frameworks Although all involve professional investment management, the scope of activities and regulatory requirements differ significantly.