SEBI Unveils Modalities for Transition to Accredited Investor-Exclusive Schemes and Eases Norms for Large-Value Funds
With an objective to enhance ease of doing business, the Securities and Exchange Board of India (‘SEBI’) had in November 2025 amended the SEBI (Alternative Investment Fund) Regulations, 2012 to (i) facilitate introduction of a separate category of Alternative Investment Fund (‘AIF’) schemes exclusively limited to Accredited Investors (‘AI-only schemes’) and offering such schemes specific regulatory flexibilities in terms of lesser compliances and (ii) extend additional relaxations and flexibilities to Large Value Funds (‘LVFs’).
