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      Question

      What is the borrowing limit set by SEBI for Category I

      and II Alternative Investment Funds (AIFs) recently?
      A 5% of investible funds Correct Answer Incorrect Answer
      B 10% of investible funds Correct Answer Incorrect Answer
      C 15% of drawdown value Correct Answer Incorrect Answer
      D 20% of investible funds Correct Answer Incorrect Answer
      E 25% of drawdown value Correct Answer Incorrect Answer

      Solution

      SEBI has capped borrowings for Category I and II AIFs at 10% of investible funds.

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