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SERA Capital AIF

Partnering in your Wealth Creation

SERA Capital AIF is a Category III Alternative Investment Fund focused on identifying high-growth opportunities in the small-cap, micro-cap, and SME ecosystem.

We invest in scalable businesses with strong fundamentals, capable management teams, and long-term growth potential. Our approach combines deep research, disciplined investing, and active portfolio management to create long-term value for investors.

A SEBI Registered CAT III AIF
(IN/AIF3/25-26/1855)
Our Focus Areas

High-Growth Businesses

Smart Investment. Secure Future. Consistent Growth

Our Investment Philosophy

Building Wealth Through Smart Investments

We believe the most attractive long-term opportunities often emerge in under-researched and high-growth segments of the market.We focus on companies with the ability to consistently grow earnings across different market cycles.

Scalable Quality Businesses

Strong Earnings Growth

Ethical & Capable management

Growth Opportunities

Disciplined Wealth Creation

Why SERA Capital AIF

Why Choose SERA Capital AIF

Seracapital Fund – FAQ

What is an AIF?

An Alternative Investment Fund (AIF) is a privately pooled investment vehicle that collects capital from eligible investors and invests it according to a defined investment strategy. AIFs are regulated by the Securities and Exchange Board of India under the SEBI (Alternative Investment Funds) Regulations, 2012. AIFs typically invest in opportunities beyond traditional asset classes such as mutual funds or fixed deposits and are meant for sophisticated investors who understand market risks and long-term investing.

What is a Category III AIF?

A Category III AIF is a type of AIF that employs flexible and complex investment strategies. These funds may invest in listed and unlisted securities and may use derivatives and other permitted instruments, subject to regulatory guidelines.


Category III AIFs are designed to:
  • Actively manage portfolios across market cycles
  • Capitalize on market inefficiencies
  • Pursue risk-adjusted returns through dynamic strategies

These funds are suitable for investors with a higher risk appetite and a good understanding of capital markets.

How is an AIF different from Mutual Funds or PMS?
Aspect AIF Mutual Funds PMS
Regulation SEBI (AIF Regulations) SEBI (MF Regulations) SEBI (PMS Regulations)
Minimum Investment ₹1 crore Very low ₹50 lakh
Strategy Flexibility High Limited Moderate
Investor Type HNIs / Institutions Retail Investors HNIs
Portfolio Structure Pooled Pooled Individual

AIFs offer greater flexibility, exclusivity, and customization, but also involve higher risk compared to mutual funds.

Is there any lock-in period? How liquid is the investment?

Unicorn Fund does not have any lock-in period. Investors may exit their investment subject to the terms and conditions mentioned in the fund's offering documents (PPM). The absence of a lock-in provides higher liquidity compared to many traditional alternative investment structures.

How is taxation handled in an AIF?

Taxation of AIF investments depends on the nature of income and the applicable tax laws in force from time to time. CAT III AIFs work on fund level taxation.

  • Capital gains and other income are taxed as per prevailing tax regulations
  • Tax treatment may vary based on holding period and type of income
  • Investors are advised to consult their tax advisors for specific tax implications
This is a high-level overview and not tax advice.
How frequently is NAV calculated and reported?

The Net Asset Value (NAV) of Unicorn Fund is calculated on a weekly basis, providing investors with regular visibility into portfolio valuation.

What are the exit options?

There is no lock-in period, and investors may exit the fund as per the process and timelines specified in the offering documents.


Exit proceeds are subject to:
  • Applicable valuation
  • Settlement timelines
  • Regulatory and operational procedures
Who should consider investing in a Category III AIF?

Category III AIFs are suitable for:

  • High Net Worth Individuals (HNIs)
  • Family Offices
  • Institutional and sophisticated investors
  • Investors with higher risk appetite and market understanding

They are not suitable for retail investors or those seeking guaranteed returns.

Is investment in an AIF guaranteed or risk-free?

No. Investments in AIFs are subject to market risks. There is no assurance or guarantee of returns. Investors should carefully review all scheme-related documents before investing.