SEBI AIF Regulation

AIF (Alternative Investment Fund) is a privately pooled investment vehicle that is involved in collecting funds from sophisticated investors to invest in accordance with a defined investment policy for the benefit of its investors. Such investors can either be Indian or foreigner. AIF does not include funds that are covered under SEBI (Mutual Funds) Regulations, 1996, SEBI (Collective Investment Schemes) Regulations, 1999, or regulations that are involved in regulating fund management activities.

AIF (Alternative Investment Fund) Regulations in India

On 21st May 2012 SEBI (Alternative Investment Fund) Regulations, 2012 were implemented with a view to regularizing all the pooled investment funds collected from sophisticated investors with a view to investing as per pre-determined investment policy. There were various unregulated funds were operating before the introduction of the SEBI (Alternative Investment Funds) Regulations, 2012. Such funds were not covered under any of the regulations specified by SEBI of India like SEBI (Mutual Funds) Regulations, 1996; SEBI (Custodian of Securities) Regulations, 1996, etc.

In this eBook, you’ll learn about:

• Constitution of Alternative Investment Funds in India
• Costing, Operation & Management of an AIF
• AIF Registration Requirement
• Key Provisions of AIF Regulations, 2012 – Categories and different Provisions
• FDI in AIFs
• Taxation
• Recommendations of AIPAC

SEBI AIF Regulation

• Alternative Investment Fund

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