Under Fund of Funds operations, the Bank contributes to the corpus of SEBI-registered Venture Funds/ Alternative Investment Funds. VCFs/ AIFs supported by the Bank are required to invest a specified amount of their corpus in MSMEs/ Startups as per the mandate of the scheme.

Fresh investments are being committed to AIFs out of three fund of funds, namely, Fund of Funds for Startup (DPIIT), ASPIRE Fund (MoMSME) and UP Startup Fund (Govt of Uttar Pradesh).

A brief outline on the active Fund of Funds is as under: