Alternative Investment fund

Good afternoon sir, Sir my question is in category 1 AIF sub category (venture capital fund) the 1/3 rd investment has to be collectively done or can be invested in any of the following : IPO of VCU, debt, Spv.??

Maximum 1/3rd of the investable funds can be invested in any of the categories as mentioned in AIF regulations. It need not to be invested collectively.

Answer given by Shubhamm Sir at 23-Oct-2022 03:34 AM