3. They are not publicly traded as traditional asset classes and typically owned by institutions.
4. These asset classes can be illiquid in nature and their valuation can be difficult due to lack of market price.
5. They have periods in which exits are not possible or heavily penalised and have higher minimum investment thresholds.
(Content on this page is courtesy Centre for Investment Education and Learning (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.)