
Cat II · Managed by SBICAP Ventures
Reviving stalled housing. Delivering homes.
Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.
SWAMIH Investment Fund I is a SEBI-registered Category II Alternative Investment Fund established as a government-backed initiative to provide last-mile funding for stalled affordable and middle-income housing projects in India. The fund is managed by SBICAP Ventures Limited, a wholly owned subsidiary of SBI Capital Markets Limited. Sponsored by the Government of India, the fund plays a critical role in reviving stressed real estate projects and delivering homes to buyers. It focuses on completing viable projects that are net-worth positive but facing liquidity constraints, thereby unlocking value for homebuyers, developers, and lenders. As one of India’s largest social impact-focused funds in the real estate sector, SWAMIH has been instrumental in restoring confidence in the housing market while supporting economic activity and job creation.
Kirti Saruparia
SEBI Contact / Fund Representative
Kirti Saruparia is listed as the SEBI contact person for SWAMIH Investment Fund I.
Abdul Kader Suriya
CIO, SWAMIH Investment Fund I
Berinder Sahni
Principal Investment Officer (SWAMIH Fund)
Nikhil Kejriwal
Principal Investment Officer (SWAMIH Fund)
Vivek Agarwal
Principal Investment Officer (SWAMIH Fund)
Rajat Goyal
Principal Investment Officer (SWAMIH Fund)
Shuvam Pandit
Principal Investment Officer (SWAMIH Fund)
Suken Shah
Principal Investment Officer (NEEV Fund)
Jai Shah
Principal Investment Officer (NEEV Fund)
No insights published yet.
Investments in AIFs carry market and credit risk including possible loss of capital. Past performance does not indicate future returns. Information shown is sourced from the issuer's PPM and SEBI filings — confirm against the latest PPM before committing. Wisefolio is an information platform; it is not registered with SEBI as an investment adviser, portfolio manager, or distributor. By using this page you accept our terms and privacy policy, including the self-attestation that you are eligible to view AIF marketing material under SEBI rules.
Jignesh Vasavada
Chief Financial Officer
Rajani Bhatt
Vice President - Human Resources
Ashwini Kumar Tewari
BoardChairman (SBICAP Ventures / SBI Group)
Ashwini Kumar Tewari is a senior leader within the SBI Group and has been associated with SBICAP Ventures in driving strategic investment initiatives including large-scale funds like SWAMIH.
Challa Sreenivasulu Setty
BoardChairman
S.V.Sastry
BoardNominee Director
Surya Prakash Rao Pendyala
BoardIndependent Director
Padmaja Chunduru
BoardIndependent Director
See every PMS strategy and AIF from SBICAP Ventures.