India's market regulator proposes relaxed rules for illiquid AIFs, VC funds

India's market regulator proposes relaxed rules for illiquid AIFs, VC funds

FILE PHOTO: The logo of the Securities and Exchange Board of India (SEBI) is pictured at its headquarters in Mumbai, India, March 1, 2017. REUTERS/Shailesh Andrade/File Photo

India’s markets regulator, on Monday, proposed a relaxed framework for alternative investment funds (AIFs) and venture capital funds (VCFs) to deal with their unliquidated investments after the fund tenure expires.

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