Question

Which regulation excludes family trusts set up for benefiting 'relatives' under the Companies Act, 2013, from being considered as AIFs?

A SEBI (Alternative Investment Funds) Regulations, 2012
B SEBI (Mutual Funds) Regulations, 1996
C SEBI (Collective Investment Schemes) Regulations, 1999
D Companies Act, 2013
E Limited Liability Partnership Act, 2008
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