Topic
Alternative investment funds are SEBI-registered privately pooled funds, such as private equity, venture capital and hedge funds, with a minimum investment of Rs 1 crore for most investors.
11 storiesLatest 12 Oct 2026, 21:45 IST
Enforcement/
SEBI has settled two cases against Singularity AMC LLP over alleged breaches of the AIF continuing-interest rule, with the manager paying a combined Rs 40.5 lakh without admitting or denying findings.
Markets
SEBI's 7 September 2026 circular pushes the angel-fund accredited-investor deadline to 31 March 2027 for funds registered on or before 10 September 2025, with an interim cap of 200 non-accredited investors.
Insurance
IRDAI's 12 February 2026 circular explains how insurers can invest in Alternative Investment Funds through Fund of Funds structures without breaching Section 27E of the Insurance Act, 1938.
Markets
SEBI's 3 June 2026 AIF master circular consolidates all rules up to 31 May 2026, reinforcing investor screening and allowing consent-based retention of liquidation proceeds beyond fund life.
Investing
SEBI's Third Amendment of 19 November 2025 and the 8 December 2025 migration circular created AIF schemes open only to accredited investors: no Rs 1 crore floor, fewer protections.
Investing
SEBI's AIF rules sort every fund into three categories with different leverage, tenure and tax treatment, yet Regulation 10(c) applies the same Rs 1 crore entry floor to all three.
Enforcement
SEBI has settled proceedings against Modulus Alternatives Investment Managers over an alleged breach of the pro-rata continuing-interest rule for its Category II AIF, for Rs 10,87,500.
Enforcement
SEBI has cancelled the registration of Firstcapital Alternate Investment Trust after the fund failed to file four quarterly activity reports, in a summary-proceeding order dated 28 July 2026.
Enforcement
SEBI has settled proceedings against Nippon India Event Opportunities Trust, its manager and nine key personnel over a sponsor continuing-interest shortfall, on payment of Rs 14.66 lakh.
Enforcement
SEBI has cancelled the registration of ISF Special Opportunity Fund, an alternative investment fund, after finding it failed to file mandatory quarterly reports for all four quarters of 2025.
Markets
SEBI's 8 January 2026 circular sets the compliance reporting formats for Specialized Investment Funds, the Rs 10 lakh-minimum asset class sitting between mutual funds and PMS.
