Economics · Financial Markets
Consider the following statements regarding Alternative Investment Funds (AIFs) in India: 1. Category I AIFs invest in startups, early-stage ventures, or socially desirable sectors, and are eligible for certain government incentives. 2. Category II AIFs are generally not permitted to undertake leverage except to meet day-to-day operational or temporary funding requirements. 3. Category III AIFs are subject to specific investment concentration limits and are permitted to engage in complex trading strategies including derivatives trading. Which of the statements given above is/are correct?
- 11, 2 and 3✓
- 21 and 3 only
- 31 and 2 only
- 41 only
Correct answer
1, 2 and 3
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