Chapter III-D · Migrated Venture Capital Funds
Regulation 19V
Definitions
Chapter III-D · Migrated Venture Capital Funds
SEBI (Alternative Investment Funds) Regulations, 2012
In plain English
In plain English
These definitions apply to migrated venture capital funds: funds that were registered as venture capital funds under the 1996 VCF Regulations and have moved to the AIF Regulations under this Chapter.
Where this sits
Regulation 19V is in Chapter III-D — Migrated Venture Capital Funds of the SEBI (Alternative Investment Funds) Regulations, 2012.
Provisos, explanations and conditions
This regulation has no provisos or explanations in its text. Check Connections for other provisions it refers to.
What changed
No change to this regulation by the 2026 amendments (No. 303 of 16 April 2026 and No. 313 of 10 July 2026).
Where it connects
The text of this regulation does not refer to other numbered regulations.
Chapter
Check yourself
1 practice question on Regulation 19V, each with an explanation for every option.
- A 'migrated venture capital fund' is a fund that was earlier registered under:
The regulation
19V. For the purpose of this Chapter, unless the context otherwise requires, the terms defined herein shall bear the meanings assigned to them below and their cognate expressions and variations shall be construed accordingly,(1) “migrated venture capital fund” means a fund that was previously registered as a venture capital fund under the Securities and Exchange Board of India (Venture Capital Funds) Regulations, 1996 and subsequently registered under these regulations as a sub-category of Venture Capital Fund under Category I - Alternative Investment Fund in accordance with the provisions of this Chapter.
(2) “investable funds” means corpus of the scheme of the migrated venture capital fund net of expenditure for administration and management of the fund.
Text from the consolidated Regulations. Square brackets and [***] mark earlier amendments and omissions, as in the official text. Check the official Gazette text before relying on it.
Last checked against source on 10 October 2026: consolidated Regulations to 19 November 2025, read with Amendment Regulations No. 303 (16 April 2026) and No. 313 (10 July 2026).
Source and verification
- Instrument
- SEBI (Alternative Investment Funds) Regulations, 2012 — Regulation 19V
- Text used
- Consolidated Regulations as amended up to 19 November 2025, read with the 2026 amendments (no change to this regulation)
- Last checked
- 10 October 2026
- Official source
- www.sebi.gov.in → Legal → Regulations. The Gazette text prevails.
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