Regulatory Alerts2025-12-08
Modalities for Migration to AI Only Schemes and Relaxations for Large Value Funds under SEBI AIF Regulations
The Securities and Exchange Board of India issued this circular to enhance ease of doing business by allowing Alternative Investment Funds to migrate to Accredited Investor-only schemes or Large Value Funds. Existing eligible funds may convert to these new categories upon obtaining positive consent from all investors, subject to mandatory name changes and reporting to SEBI and depositories within 15 days. Additionally, Large Value Funds are exempted from standard placement memorandum templates and annual audits, while Accredited Investor status is locked for the life of the scheme once established.
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