Oct 01, 2016

FAQs in relation to the SEBI (Alternative Investment Funds) Regulations, 2012

According to the SEBI (Alternative Investment Funds) Regulations, 2012, a debt fund is permitted to invest in ‘debt or debt securities’. In the past, there was ambiguity on whether a debt fund is permitted to give loans. As per the FAQs issued by SEBI on August 18, 2016 , it was clarified that alternative investment funds are not permitted to give loans and, accordingly, loans cannot be considered under the ambit of “debt or debt securities”.

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