Venture Intelligence (TSJ Media Pvt. Ltd.)
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Sebi lowers minimum investment in social impact funds from Rs.2 lakh to Rs.1,000
Capital markets regulator the Securities Exchange Board of India (Sebi) has approved a sharp reduction in the minimum investment threshold for individual investors in Social Impact Funds (SIFs), a sub-category of Alternative Investment Funds (AIFs), to INR 1,000 from INR 2 lakh now.The change aligns the entry threshold for SIFs with that of Zero Coupon Zero Principal (ZCZP) instruments listed on Social Stock Exchanges (SSEs), making such investments more accessible to small investors.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.