Sebi relaxes AIF rules, allowing AI-only schemes and wider exemptions for large funds

Markets regulator Sebi has rolled out a new framework to make it easier for Alternative Investment Funds (AIFs) to create a special class of schemes meant only for accredited investors and by giving more relaxations to Large Value Funds (LVFs). The latest rules take effect immediately.Under the new rules, AIFs can launch ‘AI-only’ schemes that […]