To promote transparency in the ecosystem of the Alternative Investment Fund (AIF), Sebi suggested Friday that AIFs regularly have to update the net asset value (NAVs) of their units in the storage system. In his concept circular, Sebi “proposed to use the storage infrastructure, so that AIFs can be needed to maintain additional NAV from […]
Markets Regulator Sebi On Tuesday came out with a mechanism for monitoring compliance with the minimum investment threshold among specialized investment funds (SIF). In the case of an active infringement of the threshold of RS 10 Lakh by an investor, including transactions on stock exchanges or off-market transfers, Sebi said that all units of such […]