Source library

The SEBI documents used across the AIF pages: the Regulations, the 2026 amendments and the Master Circular.

RegulationsCurrent

SEBI (Alternative Investment Funds) Regulations, 2012

SEBI (Alternative Investment Funds) Regulations, 2012 — consolidated text as amended up to 19 November 2025, read with the Amendment Regulations, 2026 (No. 303, 16 April 2026) and the Second Amendment Regulations, 2026 (No. 313, 10 July 2026)SEBI

Open regulations

Master CircularCurrent

Master Circular for Alternative Investment Funds

Master Circular for Alternative Investment Funds, issued 3 June 2026, last updated 7 September 2026SEBI

Open guide

AmendmentsCurrent

2026 amendments to the SEBI (AIF) Regulations, 2012

The Second Amendment is dated 10 July 2026 in the Gazette; published commentary gives its commencement as 14 July 2026, and SEBI lists the consolidated Regulations as last amended on 14 July 2026.SEBI

Open changes

This is a learning and compliance-preparation tool. Plain-English readings, practical notes, 'what changed' summaries, the timeline and calculators are the portal's interpretation and do not replace professional advice or the notified Gazette text of the IFSCA (Fund Management) Regulations, 2025 and its amendments.