By Shaan Patel, Founder & CIO (Chief Investment Officer) of Shaan Patel Asset Management (SPAM)
“As we approach the Union Budget 2026, India’s AIF industry has shown exceptional resilience and growth in 2025, with commitments crossing ₹15 trillion in late 2025. We expect measures to create a level playing field, particularly tax rationalization by aligning Category III taxation with mutual funds, including pass-through status or reduced slab-based burdens. Such changes would remove uncertainties, boost investor confidence, and channel more capital into flexible strategies like our Flexi Cap Fund. Combined with SEBI’s recent simplifications, this could accelerate industry growth, support innovation and job creation, and strengthen India’s position as a global investment destination.”
