n NISM Certifications
X NISM Series X
Medium

According to SEBI (Alternative Investment Fund) Regulations, which of the following is applicable regarding contributions to an AIF?

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The total number of schemes in an AIF should not exceed 20

  2. The maximum number of investors in a single scheme shall not exceed 1000

    Correct answer

  3. C

    The minimum corpus in each scheme shall be INR 100 crore

  4. D

    The maximum investment from each investor in an AIF shall be Rs. 1 crore

Why this is the answer

SEBI regulations specify that a single AIF scheme can have up to 1000 investors, with minimum investment requirements and a cap on the number of schemes overall.

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