Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Permissible investments by Alternative Investment Funds operating in IFSC
It has been decided to harmonize the provisions governing investments by AIFs incorporated in IFSC with those provisions regarding investments applicable for domestic AIFs. Accordingly, AIFs incorporated in IFSC shall be permitted to make investments as per the provisions of the SEBI (Alternative Investment Fund) Regulations, 2012, and the guidelines and circulars issued thereunder, including the operating guidelines for AIFs in IFSC.
All other conditions specified in the aforesaid SEBI circular dated May 23, 2017 remain unchanged.
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