Economics · Alternative Investment Funds
Consider the following statements regarding Alternative Investment Funds (AIFs) in India: 1. AIFs can only be established as trusts and are legally barred from adopting corporate or LLP frameworks. 2. Fund managers have no mandatory legal obligation to report performance metric disclosures to any categories of investors. 3. AIFs must obtain registration from SEBI before commencing fund accumulation and comply with predefined transparency directives.
- 1All 1, 2, and 3 are correct
- 2Only 3 is correct✓
- 3Only 2 and 3 are correct
- 4Only 1 and 2 are correct
Correct answer
Only 3 is correct
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