Regulatory Alerts2024-12-13
Added · Updated
Classification of Corporate Debt Market Development Fund as Category I Alternative Investment Fund
The Securities and Exchange Board of India (SEBI) issued a circular clarifying that the Corporate Debt Market Development Fund (CDMDF) is classified as a Category I Alternative Investment Fund. This determination aligns the fund's status with its broader economic objective of developing the corporate bond market and acting as a backstop facility during periods of market stress. The classification resolves previous ambiguities regarding the fund's categorization under the SEBI Alternative Investment Funds Regulations, 2012.
More like this from SEBI
We email you every new SEBI publication the day it's published.
Topics
Share