SEBI relaxes regulatory framework for AIFs targeting ‘accredited investors’
The Securities and Exchange Board of India (Sebi), on Friday, relaxed the regulatory framework for alternative investment funds (AIFs) targeting ‘accredited investors’ — those investors with annual income of over Rs 2 crore or net worth of at least Rs 7.5 crore. AIFs that are ‘large value funds for accredited investors’ have …
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