Independent Auditors: India’s Silent Risk Gatekeepers

Overview:
India’s audit ecosystem for alternative investments is quietly powering credibility.

Key Points:

• All Alternative Investment Funds must appoint SEBI-registered auditors.
• Big Four and top mid-tier firms audit 78 percent of India’s AIF assets.
• Turnaround time for audit completion improved from 80 days (FY 2020) to 46 days (FY 2025).
• Auditor independence requirement: rotation every five years.
• Audit comment frequency (exceptions per 100 reports) fell from 14 to 7 between FY 2022 and FY 2025.
• India’s audit integrity rating (Truvest proprietary) = 8.7/10 vs global 8.9 average.

Truvest Capital Insight:
Strong audits make weak excuses disappear—India’s checks are global class now.

Disclaimer: Educational content only. Not investment advice.