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      Question

      What is the minimum amount that needs to be invested in

      Alternate Investment Fund?
      A 50.00 lakhs Correct Answer Incorrect Answer
      B 1.00 crore Correct Answer Incorrect Answer
      C 75 lakhs Correct Answer Incorrect Answer
      D 10 crores Correct Answer Incorrect Answer
      E 2.0 crores Correct Answer Incorrect Answer

      Solution

      All the categories of AIFs in India except angel fund require a minimum investment of Rs. 1 crore. For the angel fund, the amount is Rs. 25 lakh

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