SEBI has recently approved the GARUDA Framework to accelerate the pace of the Alternative Investment Fund (AIF) sector in India. This new framework aims to make the process of launching an AIF scheme faster and easier. Earlier, launching a new scheme took a long time and required several additional compliance steps. The introduction of GARUDA will make the process much easier. <\/p>\n\n\n\n
This change will reduce the time to launch a scheme, and compliance costs will also be reduced. Fund managers, venture capital funds, private equity funds, angel funds, and accredited investors will benefit from this change. For businesses exploring AIF registration in India<\/a><\/strong>, GARUDA can improve the overall fund launch journey. It will also help to move the AIF ecosystem in India forward more quickly and effectively. <\/p>\n\n\n\n The full form of GARUDA is Green-Channel: AIF Rollout Upon Document Acknowledgement. The SEBI Board approved this framework on June 19, 2026. It aims to make the approval process for launching an AIF scheme faster and easier. <\/p>\n\n\n\n Earlier, it took about 30 days to complete the Placement Memorandum (PPM) verification and various regulatory steps before launching a new AIF scheme. After the launch of GARUDA, certain types of schemes can be launched immediately after submitting the necessary documents and receiving acknowledgement from SEBI. In the case of other regular schemes, the waiting time has also been reduced to 10 working days. <\/p>\n\n\n\n Here, “Green Channel” refers to a fast approval process, where if all the documents are in order, the scheme can be launched without unnecessary delay. This will make the entire process much easier and time-saving for fund managers. <\/p>\n\n\n\n The alternative investment fund sector in India has grown rapidly in the last few years. New funds are coming to the market<\/a>, and the number of investors is also increasing. But in the old approval process, launching a new scheme used to take a long time. This used to delay the planning and investment activities of the fund managers.<\/p>\n\n\n\n SEBI has launched the GARUDA Framework to reduce these problems. Along with fast approval, responsible AIF compliance<\/a><\/strong> measures will be maintained through this. So, it will be easier to do business while protecting the interests of investors. <\/p>\n\n\n\n The Key Reasons for Launching the GARUDA Framework are- <\/p>\n\n\n\nWhat is the GARUDA Framework? <\/h2>\n\n\n\n
Why did SEBI launch the GARUDA Framework? <\/h2>\n\n\n\n
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