Economics · Economy

With reference to Alternative Investment Funds (AIFs) in India, consider the following statements: I. AIFs are privately pooled investment vehicles regulated by the Securities and Exchange Board of India (SEBI). II. Category III AIFs are suitable for retail investors seeking low-risk investment options with stable returns. III. Banks and NBFCs are allowed to invest freely in AIFs without any cap, provided the investment is in infrastructure-linked projects. Which of the statements given above is/are correct?

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