Conditions for Category III Alternative Investment Funds

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..... Category III Alternative Investment Funds may invest in securities of listed or unlisted investee companies, derivatives, units of other Alternative Investment Funds or complex or structured products; ] 2 [ (aa) Category III Alternative Investment Funds may deal in goods received in delivery against physical settlement of commodity derivatives; ] 5 [ (ab) Category III Alternative Inve .....

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..... issuance of directions regarding areas such as operational standards, conduct of business rules, prudential requirements, restrictions on redemption and conflict of interest as may be specified by the Board. ********* 1 Substituted by the SEBI (Alternative Investment Fund) (Amendment) Regulations, 2013, w.e..f 16-09-2013 for the words and symbol Fund of Category II 2 Inserted vide .....

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