CafeAlt

However, the proportion of AIF assets through distributors has reduced by 15% in 5 years largely due to the shift in business model of wealth managers.

SEBI has found 40 instances where AIFs circumvented RBI and FEMA norms.

Manish will lead and manage Centrum’s portfolio management services (PMS) and non-discretionary equity advisory verticals.

Further, SEBI asks AIFs to appoint custodians.

The move aims to check money laundering and terrorism financing.

Subordinate units can be issued by sponsors after a certain lock-in period.

The top 20 PMS players saw net outflows of Rs.3400 crore between April and September 2023.

With 20% of AIF investments, real estate is one of the key sectors. And, in the case of instrument type, the highest proportion of AIF funds is in unlisted equity shares/equity-linked instruments/LLP interest at 41%.

SEBI has issued guidelines for issuers of REITs/InvITs to deal with unclaimed amount.

The industry witnessed a growth of 22% in a year, shows SEBI data.

The industry witnessed a growth of 22% in a year, shows SEBI data.

ASK Hedge Solution will offer long/short funds.