AIFs have to collect stamp duty through a registrar and transfer agent
Banks will be able to customise ICAs in accordance with their needs even as more financial stakeholders are on-boarded, including those with foreign currency exposures
Long-short funds try to profit from both rise and fall in asset prices, whereas long-only funds try to buy undervalued assets and gain if the asset price appreciates
Unlike MFs, Category-I and II AIFs have a closed-ended structure and are not exposed to the risk of sudden redemptions
Regulator rejects overseas investments proposals of funds that fail to meet set parameters
Raises doubts over drawing down capital from Chinese LPs
Banking lobby group Indian Banks' Association (IBA) is expected to take the proposal, which is on the lines of the Sashakt panel recommendations, to the finance ministry this week.
An AIF typically resulted in an upfront commission of between 3-3.5 per cent of the assets garnered
Experts say people have turned averse to taking out, especially meat products, following the outbreak
Sebi has classified AIFs into three categories, with four sub-categories for 'Category I AIFs' that include venture capital funds, SME funds, social venture funds, and infrastructure funds
At the end of September 2019 quarter, the investment stood at Rs 1.25 trillion
The guidelines come two months after a consultation paper to this effect was floated by the regulator
While debt is an important source of funds for the Indian economy, investors - especially foreign investors - have to navigate through various complexities associated with taxation of debt investment
Fee cuts in MFs to have 4-5% impact on pricing
Macroeconomic parameters have shown that the Indian economy is going through a rough patch. Here are the key policy decisions taken by the govt in 2019, to bring the India growth story back on track
Stewardship code is a principles-based framework that assists institutional investors in fulfilling their responsibilities to help them protect and enhance the value of their clients and beneficiaries
Sebi data shows that commitments raised by category-III AIFs in September quarter were down 10% QoQ
SBI contribution pegged at Rs 1,000 cr; HDFC on board
The minimum ticket size for investing in AIFs is currently Rs 1 crore and for that in PMS is Rs 25 lakh. Both PMS and AIFs typically charge a fixed as well as variable fee based on the performance
There is a small but marked difference between what Goenka is doing and the typical family offices