IRDAI allows insurers to invest in AIF, here’s what it means according to experts

He further noted, “last April, the insurance regulator said that insurances can now invest into fund of funds. By opening up the insurance now to fund of funds many insurance companies will safely find gatekeepers like an NIIF, like a State Bank MSME funds hopefully many new fund of funds the government can set-up or the private sector can set-up through which they can access venture capital, access growth equity very safely.”