SEBI AIF decision tools
What are you trying to do? Pick a task to see the provisions, numbers and next step that apply. A decision aid, not legal advice.
Based on the SEBI (Alternative Investment Funds) Regulations, 2012, as amended up to 10 July 2026.
Pick a task10
Register an AIF
Regs 3, 4, 5, 6, 7, 8Registration with SEBI, the eligibility criteria, and how the certificate is granted or refused.6 provisions to work throughOpenLaunch a scheme
Regs 9, 11, 12, 13, 14Investment strategy, the placement memorandum, launching schemes, tenure and listing.5 provisions to work throughOpenRaise money from investors
Regs 10, 2Corpus, minimum investment, continuing interest and the investor limit, with the defined terms they use.2 provisions to work throughOpenInvest within the limits
Regs 15, 16, 17, 17A, 18General investment conditions and the conditions for each category, including co-investment.5 provisions to work throughOpenSet up an angel fund
Regs 19A, 19B, 19C, 19D, 19E, 19F, 19G, 19HThe angel fund chapter: registration, who can invest, how investments are made and the manager's obligations.8 provisions to work throughOpenSet up a special situation fund
Regs 19I, 19J, 19K, 19L, 19MThe special situation fund chapter: registration, who can invest and what it can invest in.5 provisions to work throughOpenValuation and reporting
Regs 22, 23, 28Transparency to investors, valuation and reports to SEBI.3 provisions to work throughOpenDay-to-day compliance
Regs 20, 21, 24, 24A, 27General obligations, conflicts of interest, the manager's obligations, grievance redressal and records.5 provisions to work throughOpenPrepare for a SEBI inspection
Regs 30, 31, 32, 33, 34SEBI's right to inspect, notice, the fund's obligations during inspection and how findings are communicated.5 provisions to work throughOpenWind up the fund
Regs 29, 29A, 29BWinding up, the liquidation scheme and the dissolution period.3 provisions to work throughOpenA decision aid, not legal advice. It points to the provisions of the SEBI (Alternative Investment Funds) Regulations, 2012 to read; it does not cover SEBI circulars or the Master Circular for AIFs, and does not replace a review of your facts.
Meet the expert
CS Prashant Kumar
Company Secretary & Compliance Officer
Global Horizons Capital Advisors (IFSC) Private Limited — an IFSCA-licensed investment banker
Published in The Chartered Accountant (Jun 2025, Jan 2025, Mar 2024) and Chartered Secretary (Aug 2023)
Prashant Kumar is a seasoned Company Secretary and corporate governance strategist with more than 13 years of experience advising large corporates, promoter-led groups and global businesses on compliance, regulatory risk and board governance. In GIFT IFSC, the IFSCA regime is his day job rather than a research topic.