The Indian alternative investment sector, encompassing Portfolio Management Services (PMS) and Alternative Investment Funds (AIF), is projected to exceed Rs 100 lakh crore by 2030, driven by a 33% CAGR from FY14 to FY25. By FY25, total assets in these sectors reached Rs 18.87 lakh crore, with PMS at Rs 7.08 lakh crore and AIFs at Rs 1.79 lakh crore. Factors such as increasing affluence, regulatory support, and the demand for diversification are enhancing the appeal of PMS and AIF among high-net-worth individuals. As India aims for a $35 trillion economy by 2047, these investment vehicles are crucial for economic growth.