Economics · Financial Regulations
With reference to hedge funds in India, consider the following statements: I. Under the SEBI regulatory framework, hedge-fund-type vehicles are ordinarily accommodated within the Alternative Investment Fund structure rather than treated as wholly unregulated investment partnerships. II. Such funds are associated with the category of AIFs that may employ diverse or complex trading strategies and may use leverage. III. Every Alternative Investment Fund that uses leverage is necessarily a hedge fund. Which of the statements given above are correct?
- 1I, II and III
- 2I and III only
- 3II and III only
- 4I and II only✓
Correct answer
I and II only
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