Clarifications regarding amendment to SEBI (Alternative Investment Funds) Regulations, 2012 - SEBI - SEBI/HO/IMD/IMD-I/DOF6/P/CIR/2021/663

..... gory III AIFs, to calculate the concentration norm based on Net Asset Value (NAV) of the fund for investment in listed equity of an investee company. 2. In this regard, the following is specified - (i) The limit for investment in listed equity shall be calculated based on the NAV of the fund on the business day immediately preceding the date on which the Category III AIF makes such investment. (ii) NAV of the AIF shall be the sum of value of all securities adjusted for mark to market gains/losse .....

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Clarifications regarding amendment to SEBI (Alternative Investment Funds) Regulations, 2012 - SEBI

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..... s, 2020;” 4. In this regard, it is specified that the requirement of appointment of custodian, as provided under Regulation 20(11) of AIF Regulations, shall be applicable if the sum of corpus of the AIF and the value of the Co-investment managed by the Manager of the AIF as Co-investment Portfolio Manager is more than five hundred crore rupees. 5. This Circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 to protect t .....

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Clarifications regarding amendment to SEBI (Alternative Investment Funds) Regulations, 2012 - SEBI

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