Launch a scheme
Investment strategy, the placement memorandum, launching schemes, tenure and listing.
5 provisions to work through, in order.
Provisions to work through
0 of 5 readNumbers that apply 5
| Number | What it is | Source |
|---|---|---|
| 3 years (close-ended) | Minimum tenure — Category I and II | Reg 13(1)–(2) |
| Up to 2 years, with two-thirds of unit holders by value | Tenure extension | Reg 13(5) |
| Up to 5 years, with two-thirds of unit holders by value | Tenure extension — Accredited Investors only fund | Reg 13(5), proviso |
| At least 10 working days before launch (30 days before July 2026) | Placement memorandum filing | Reg 12(2) |
| Not payable | Scheme fee — first scheme | Reg 12(1), proviso |
in Detailed mode.
A 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.