Ajay Vora, Head Equities at Nuvama Asset Management, highlights the rapid growth of the AIF category, the current exuberance in IPOs, the interest in alternative investments from Tier-II and Tier-III cities, the shift in investor preferences towards debt and equity funds, the performance of the small and midcap segment, the rise of retail investors through SIPs, the impact of FDI on Indian markets, and provides insights on investing strategies for Indian markets.