In January 2025, the Nifty index fell by 0.5%, highlighting a tough market landscape, with only 16 out of 117 Alternative Investment Funds (AIFs) tracked by PMSBazaar.com achieving positive returns. Each AIF has its own benchmark, using the Nifty as a reference point. AIFs, which are regulated by SEBI, can be organized as trusts, companies, or limited liability partnerships (LLPs), requiring a minimum investment of Rs 1 crore per investor. A list of the top 10 AIFs with positive returns for January 2025 is provided according to PMSBazaar.com data.