New Delhi: Non-banking financial company (NBFC) Standard Capital Markets is diversifying its offerings as it has announced the alternate investment fund (AIF) business through its subsidiary Standard Capital Advisors Ltd. According to the information shared the company will invest Rs 50 crore in the first scheme of the fund. It also stressed that the company has plans to increase its investment in subsequent schemes. The company will invest Rs 50 crore in the first scheme of the fund with plans to increase its investment in subsequent schemes. The fund is expected to deliver annual returns ranging from 15% to 20% providing high-yield opportunities for its investors the company said. Category III AIF which focuses on providing high-risk high-reward investment opportunities to institutional investors and high-net-worth individuals. A Category III AIF as recognized by the Securities and Exchange Board of India (SEBI) typically invests in complex financial instruments including derivatives and structured products and is designed to generate returns through a variety of strategies including leveraged strategies in the Indian capital market. The Category III AIF will operate under the framework of the Securities and Exchange Board of India (SEBI) adhering to all regulatory guidelines to ensure transparency and governance. As the sponsor and settlor the NBFC will play an important role in the establishment management and governance of the fund. Earlier the company had announced stock split and bonus distribution in December 2023. The split took effect in the ratio of 10:1 while the bonus was issued thereafter in the ratio of 2:1. Post this the stocks market price was adjusted below Rs 10. In the last one and two years the counter has corrected 70 per cent and 60 per cent respectively. In three and five years the NBFC stock has sprinted 650 per cent and 1100 per cent respectively resulting in wealth gain for investors.