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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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