Question
As per SEBI regulations, Alternate investment Funds
(AIF) have been allowed to invest in ______Solution
In terms of Regulation 12 (ba) of erstwhile SEBI (Venture Capital Funds) Regulations 1996 and Regulation 15 (1)(a) of SEBI (Alternative Investment Funds) Regulations, 2012, AIFs/VCFs may invest in securities of companies incorporated outside India subject to such conditions or guidelines that may be stipulated or issued by the Reserve Bank of India and SEBI from time to time.
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