Tag Archives: AIFs

AIFs in IFSC

Circular issued by IFSCA dated 25th June, 2021 allowing further relaxations in AIF operations in IFSC. The salient features are as follows:

A. Continuing interest by the Manager or Sponsor in the AIF
In order to facilitate relocation of funds established or incorporated or registered outside India to IFSC, the continuing interest requirement by the Manager or Sponsor in the AIF provided under para 8 of the Annexure to the operating guidelines for AIFs in IFSC dated November 26, 2018 shall be voluntary.
B. Investment in Mutual Fund
An AIF in IFSC is permitted to invest in units of schemes launched by mutual fund regulated in FATF compliant jurisdiction (including India).

https://ifsca.gov.in/Viewer/Index/192

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alternative investment funds

SEBI has vide its circular dated 21st May, 2021 enhanced the overseas investment limits for SEBI registered alternative investment funds (AIFs)/ venture capital funds (VCFs) from USD 750 million to USD 1500 million. Details follow.

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