Question
A Family Investment Fund in IFSC should have and
maintain a minimum corpus of USD …………….. within a period of ……………… years from the date of obtaining certificate of registration as per the regulations for Fund Management EntitiesSolution
·   Family Investment Fund could be set up in the IFSC as a Company, Trust (Contributory Trust only) or Limited Liability Partnership or any other form as may be permitted by the Authority from time to time. ·   A Family Investment Fund in IFSC should have and maintain a minimum corpus of USD 10 million within a period of three (3) years from the date of obtaining certificate of registration.
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