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ETMarkets Smart Talk: AIFs typically make up about 15-20% of UHNI portfolio: Gautami Gavankar
"As the average age of HNI and UHNI investors has been dropping, riskier products like equities, private equity funds, unlisted equities, and private credit have gained substantial traction. Also, investors are looking at offshore investments and having global diversification. We’ve further observed a notable surge in establishing offshore family offices and family investment funds (FIFs)."