Sebi modifies framework for valuation of AIFs' investment portfolio
Sebi has modified the valuation framework for Alternative Investment Funds (AIFs), aligning it with mutual fund rules for certain securities. This update follows industry feedback and takes effect immediately. Independent valuers must now belong to registered entities like ICAI, ICSI, or CFA charter. Changes in valuation methods must be disclosed to investors but are not considered material changes.
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -