Alternative Investment Funds (“AIFs”) are required to submit periodical reports to Securities and Exchange Board of India (“SEBI”) as per SEBI (Alternative Investment Fund) Regulations, 20121. While category I and Category II AIFs and Category III AIFs which did not undertake leverage are required to submit the report within 7 calendar days from the end of each quarter, Category III AIFs which undertook leverage are required to make the submission within 7 days from the end of each month.
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