Fund News

AIF applications pile up with Sebi: report

Business Standard  

Applications for setting up an Alternative Investment Fund (AIF) have piled up before the capital markets regulator Securities and Exchange Board of India (Sebi). The bulk of the over two dozen applications filed with the regulator between August 2022 and December 2022 are yet to get the green signal. A cautious approach and an internal rejig are reported to be the reasons that led to stretched timelines.

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