NISM Certifications · NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors · Collective Investment Vehicles
Under SEBI AIF Regulations, what is the minimum investment amount per investor in an AIF (other than accredited investors and certain employees or directors of the manager)?
The minimum investment per investor in an AIF is Rs 1 crore, with a lower limit of Rs 25 lakh for employees or directors of the AIF or its manager. Rs 1 lakh and Rs 10 lakh are too low.
- ARs 1 lakh
- BRs 10 lakh
- CRs 1 croreCorrect
- DRs 25 crore
Explanation
The SEBI AIF Regulations require a minimum investment of Rs 1 crore per investor, with relaxation for employees or directors of the AIF or manager (Rs 25 lakh). The lower figures apply to neither category generally.
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