Safal Capital
AIF Fund · SEBI Registered

Safal Digifin Growth Fund

A Category III Alternative Investment Fund built around India's next decade — SME IPOs, pre-IPO equity, unlisted shares, and special situations.

SEBI RegisteredCategory III AIFMin ₹1 Cr InvestmentOpen Ended Fund
Request Pitch DeckTalk to Fund Manager
Fund managed bySafal Digifin

Category III AIF

Safal Digifin Growth Fund

SEBI Reg.
₹1 CrMin. invest

Allocation

SME IPOs
Pre-IPO Equity
Unlisted Shares
Special Situations

Structure

Category III AIF

SEBI-registered
Alternative Investment Fund
Fund Overview

A Multi-Asset Strategy Designed to Capture Diverse Market Opportunities

Markets create wealth through multiple pathways, not just one. While most investors remain limited to traditional equity exposure, institutional investors allocate capital across differentiated strategies, special situations, and market segments to generate superior risk-adjusted returns.

Safal Digifin Growth Fund is a SEBI-registered Category III AIF that seeks to capitalize on opportunities across public and private markets through a diversified, research-driven investment approach.

The fund invests across:

  • Advanced Derivative Strategies
  • Pre-IPO Opportunities
  • Anchor & QIB Allocations
  • Research-Based Equity Investments

Our investment process combines rigorous research, disciplined risk management, and active portfolio monitoring to identify opportunities where risk-reward dynamics are favorable.

The fund is backed by a team with experience across capital markets, private investments, and institutional investing. Investors benefit from transparent reporting, regular portfolio updates, and a disciplined investment framework focused on long-term wealth creation.

“Our objective is simple: combine differentiated opportunities across listed and private markets into a single portfolio designed to generate sustainable alpha across market cycles.”

Safal Digifin Growth Fund Investment Team
Investment Strategy

Where We Invest

Four focused sleeves of allocation, governed by clear position-size limits and concentration rules.

Pre-IPO Investments

Investing in companies 6–12 months before listing, where valuations are still attractive and institutional interest is growing, capturing the maximum upside window.

Example

Targeted exposure to companies with filed or near-filed DRHPs, capturing the valuation gap between private and public market pricing.

Unlisted Shares

Capitalising on late-stage growth stories backed by strong fundamentals and governance, with access to high-demand companies like NSE, NSDL, and Tata Group subsidiaries.

Example

Established private giants with predictable cash flows and a clear listing roadmap form the stable core of the equity sleeve.

SME / Mainboard IPOs

Targeted anchor investments in fundamentally strong SME and mainboard IPOs, capturing listing premiums while maintaining quality filters on promoter credibility and financials.

Example

Anchor allocation strategy gives preferential access and a 30-day lock-in, with exits timed to post-listing price discovery.

Options & Hedging Strategies

Hedged derivative positions to enhance yield, manage downside, and capitalise on volatility in sectors like financials, tech, and FMCG, without speculative leverage.

Example

Structured F&O overlays provide 30–90 day liquidity windows and yield enhancement while the equity sleeve compounds over longer cycles.

Why This Fund

Six reasons to consider Safal Digifin

Multi-decade experience

Partners with decades of combined experience in equity markets, banking, PE, and alternative assets across India and globally.

Multi-asset strategy

Four focused sleeves, Pre-IPO, Unlisted Shares, IPO anchors, and Derivatives, diversified across stages and liquidity profiles.

25–30% target IRR

Actively managed portfolio targeting superior risk-adjusted returns above the 12.5% hurdle rate.

Hedged, not speculative

Derivatives sleeve is structured for yield enhancement and downside protection, not leveraged speculation.

Transparent reporting

Regular NAV updates, periodic investor communications, and audited financials, full visibility at every stage.

Open-ended structure

Periodic redemption windows provide liquidity flexibility, equity exits in 12 months, derivatives in 30–90 days.

Investment Process

From enquiry to allocation, in six steps

  1. Eligibility check

    Verify investor accreditation, HNI, UHNI, family office, or corporate. Minimum ₹1 crore commitment.

  2. KYC & documentation

    Digital KYC, FATCA declaration, source-of-funds attestation, and accredited-investor declaration.

  3. Subscription agreement

    Review the Private Placement Memorandum (PPM), sign contribution agreement, and confirm allocation.

  4. Allotment & confirmation

    Your full subscription is contributed upfront and units are allotted at the prevailing NAV. As an open-ended fund, there are no staggered drawdowns or capital calls.

  5. Reporting & updates

    Monthly NAV statement, quarterly investor letter, annual audited financials, and exit notifications.

Fund Performance

Fund at a glance

Target IRR
25–30%
Net of fees and carry
Strategy
Multi-Asset
Diversified across asset classes
Structure
Open-ended
Category III AIF

Target IRR is forward-looking and not a guarantee of returns. Actual returns depend on market conditions, deal execution, and portfolio outcomes. Investments in AIFs are subject to market risk. SEBI Reg. No. IN/AIF3/25-26/2089.

The Team

People behind the fund

Partners, an independent investment committee, and a dedicated fund manager, each bringing deep domain expertise to every investment decision.

Partners
Founding partners and deal originators
Mr. Pavankumar S. Agrawal

Mr. Pavankumar S. Agrawal

Partner
25+ years

A seasoned entrepreneur and investor with a robust financial background, Pavan Agrawal specialises in scaling and managing businesses across diverse financial domains. With over 25 years of experience in stock market investing, portfolio management, real estate investments, and hedging strategies, he has successfully built and operated a thriving broking house, consistently delivering strong returns. His expertise extends to startups, alternative investments, and wealth creation strategies. A strategic thinker with a keen eye for opportunities, Pavan is actively engaged in multiple businesses, leveraging his deep market insights to drive sustainable growth and value creation.

Entrepreneur
View profile
Mr. Aatish Pawan Agrawal

Mr. Aatish Pawan Agrawal

Partner
MBA Finance

An accomplished finance professional, Aatish Agrawal holds an MBA in Marketing and Finance. With extensive experience in financial markets, he specializes in unlisted shares, pre-IPO investments, SME IPOs, and startup investing. Passionate about identifying high-growth opportunities, he actively connects promising ventures with investors, facilitating strategic fundraising and capital formation. Aatish is also a SEBI-certified Category III Alternative Investment Fund Manager (NISM-Series-XIX-E), bringing a research-driven approach to alternative investments and long-term wealth creation.

MBA Marketing & Finance
View profile
Mr. Sanjay Kumar Agarwal

Mr. Sanjay Kumar Agarwal

Partner
22+ years

Seasoned banker with 22+ years of corporate finance and banking experience with ICICI Bank India & UK, and Axis Bank India. He also worked with Brahmaputra Infrastructure. He is a member of the Indo-European Business Forum and is associated with companies in Health Tech, Renewables, and technology startups. During his 6 years at Digifin, he has raised more than $500 million USD from funds and institutions and has been instrumental in 3 IPO placements worth $30 million USD.

ICICI Bank
View profile
Mr. Vijay Goel

Mr. Vijay Goel

Partner
Global Networks

Founder Member & Chairman of the India European Business Forum and ex-Chairperson of the London Chambers of Commerce, Asian Business Association, and the UK unit of ASSOCHAM. Advisor to several business groups and Executive Board Member of 'The Asian Guild', UK. Senior partner for the London office of Singhania & Co. Charter Member & Former Board Member of TiE (The Indus Entrepreneur), UK. Economic Consultant to Malta Enterprise. Board member of the NRI Foundation in the UK. Well connected with many family offices, HNIs, and Funds across India, UK, UAE, Singapore, and USA.

India European Business Forum
View profile
Investment Committee
Independent oversight and governance
Arun Jain

Arun Jain

Investment Committee Member
25+ years

Arun Jain is an accomplished banker and Chartered Accountant with 25 years of experience, having worked with S B Bilimoria and ICICI Bank. His extensive background in finance and banking brings deep institutional expertise to the fund's investment oversight and governance framework.

Chartered Accountant
View profile
CA Prakashchandra Parakh

CA Prakashchandra Parakh

Investment Committee Member
35+ years

With over 35 years of robust experience as a practicing Chartered Accountant, CA Prakashchandra Parakh has carved a niche in the domains of Income Tax Litigation, Audit, Direct and Indirect Taxation, and Arbitration. Since commencing practice in 1987, he has consistently demonstrated deep expertise in navigating complex tax frameworks, representing clients before tax authorities and tribunals, and delivering strategic advisory across a broad spectrum of industries.

Chartered Accountant
View profile
Fund Manager
Day-to-day portfolio and compliance execution
Rishabh Gupta

Rishabh Gupta

Fund Manager
Multi-domain

A finance professional with comprehensive experience across venture capital, alternative investment funds (AIFs), and banking, having worked with Krystal Venture Studio, Ashu Gupta & Associates, and ICICI Bank. Rishabh brings hands-on expertise in deal structuring, portfolio management, and AIF compliance, ensuring the fund's investment processes are executed with rigour and regulatory precision.

Venture Capital
View profile
Eligibility

Who can invest

Minimum commitment of ₹1 crore as mandated by SEBI for AIF investors.

Eligible Investors

  • Resident Indians classified as HNI or UHNI
  • Non-Resident Indians (subject to FEMA / RBI rules)
  • Family offices and registered private trusts
  • Corporate investors and partnership firms

Documentation Required

  • PAN card and Aadhaar (for individuals)
  • Certificate of incorporation (for entities)
  • FATCA declaration and tax residency proof
  • Source-of-funds documentation
  • Recent bank statement (last 3 months)
  • Cancelled cheque and demat details
Important Disclosure

Market risk disclosure

Investments in Alternative Investment Funds are subject to market risks, including the possible loss of principal invested. Returns are not guaranteed, and past performance is not indicative of future results. Please read the Private Placement Memorandum and all scheme documents carefully before investing.

Safal Digifin Growth Trust (Scheme: Safal Digifin Growth Fund) is a Category III Alternative Investment Fund registered with the Securities and Exchange Board of India (SEBI) under Registration No. IN/AIF3/25-26/2089. Investment Manager: Safal Digifin LLP.

FAQs

Common questions, plainly answered

The SAFAL DIGIFIN Growth Fund is a SEBI-registered Category III Alternative Investment Fund (Registration No. IN/AIF3/25-26/2089) managed by Safal Digifin LLP. It is an open-ended fund that invests across four asset classes, Pre-IPO equity, Unlisted Shares, SME/Mainboard IPO anchors, and structured derivative strategies, targeting a net IRR of 25–30% p.a.

A Category III AIF can employ leverage and invest in listed and unlisted securities, derivatives, and complex strategies, unlike Category I (infrastructure/social) or Category III (PE/debt, no leverage). Cat III AIFs are for sophisticated investors seeking alpha through active, multi-asset management. The fund itself is taxed at the fund level (not pass-through), and gains are distributed net of tax to investors.

HNI investors with a minimum commitment of ₹1 crore, and institutional investors with a minimum of ₹5 crore. Eligible categories include resident Indians (HNI/UHNI), NRIs (subject to FEMA/RBI rules), family offices, registered private trusts, corporate investors, and partnership firms. All investors must complete KYC, FATCA declaration, and an accredited-investor declaration.

The fund deploys capital across four sleeves: (1) Pre-IPO investments in companies 6–12 months from listing; (2) Unlisted shares in established private companies with strong fundamentals; (3) Anchor investments in quality SME and mainboard IPOs; and (4) Structured F&O strategies for yield enhancement and downside protection. This multi-asset approach is designed to generate returns across market cycles.

The fund is open-ended with periodic redemption windows. Equity strategies (Pre-IPO, Unlisted Shares, IPO anchors) have an approximate 12-month exit cycle as positions mature through listings and strategic sales. Derivative strategies have shorter exit windows of 30–90 days. The open-ended structure provides flexibility that closed-ended AIFs typically do not offer.

No. The fund's derivative sleeve is structured specifically for hedging and yield enhancement, not for leveraged speculation. Positions are taken with defined risk parameters, position-size limits, and active monitoring. The primary return driver is equity appreciation in the Pre-IPO and Unlisted Shares sleeves; derivatives are an overlay to manage downside and enhance overall portfolio yield.

Risk management is embedded at every level: position-size limits per company and sector, hedged derivative positions to offset equity downside, a multi-asset structure that diversifies across liquidity profiles, and regular stress-testing of the portfolio. The Investment Committee reviews all positions periodically, and material risk events are communicated to investors promptly.

Investors receive regular NAV updates, periodic portfolio commentary covering new investments and exits, and audited financial statements. Material events, significant drawdowns, new investments, regulatory changes, or exits, are communicated promptly. The fund's open-ended structure means you always have visibility into your current allocation.

Pitch Deck

Request the fund prospectus

Get the complete Safal Digifin Growth Fund deck, sent directly to your inbox within minutes.

  • Fund structure, strategy & investment mandate
  • Portfolio composition & performance metrics
  • Fee schedule, hurdle rate & carried interest
  • Team profiles & track record
  • KYC requirements & onboarding checklist
SEBI Registered AIFStrictly ConfidentialNo spam, ever

Safal Digifin Growth Fund

Category III AIF · Confidential Pitch Deck

SEBI Reg.

For accredited investors only · ₹1 Cr minimum commitment
Your information is kept strictly confidential.

Schedule

Ready to invest in India's growth?

A 30-minute meeting with our fund manager is the fastest way to see if the fund fits your portfolio.

Schedule a MeetingCall 7227906099

Mon – Sat · 9:00 AM – 6:00 PM IST

Disclaimer: All charts, graphs, illustrations, and performance figures shown on this page are for illustrative purposes only and do not represent actual or guaranteed returns. Target IRR and projected figures are forward-looking estimates; actual results will vary with market conditions, deal execution, and portfolio outcomes. Past performance is not indicative of future results. Investments in Alternative Investment Funds (AIFs) are subject to market risks, including the possible loss of principal, and are intended for eligible / sophisticated investors. Please read the Private Placement Memorandum and all fund documents carefully before investing. Safal Digifin Growth Fund, Category III AIF, SEBI Reg. No. IN/AIF3/25-26/2089.

Call UsWhatsApp