Karma Capital AIF
Overview
Karma Capital Jasmine AIF is the first open-ended Alternative Investment Fund launched by Karma Capital, an Indian investment firm founded in 2005 by Nikhil Desai and Rushabh Sheth, targeting early-stage growth opportunities. The firm (across PMS and AIF offerings combined) manages approximately Rs 7,450 crore (~$829 million) as of September 2024, with a minimum PMS ticket size of INR 50 lakh.
Key Facts
- Vintage year
- 2005
- Managed by
- Karma Capital
- Fund size
- USD 829M
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Last updated April 18, 2026