Overview of Alternative Investment Fund (AIF) Registration
Alternative Investment Fund (AIF) Registration with SEBI enables private equity funds, venture capital firms, hedge funds, and other pooled investment vehicles to operate legally in India. AIFs are regulated under SEBI (Alternative Investment Funds) Regulations, 2012. Corporate Analytica provides expert assistance in registering and managing AIFs across all three categories.
Advantages of AIF Registration
- Legally recognized pooled investment structure
- Enhanced credibility with high-net-worth investors
- Tax-efficient fund management options
- Access to institutional and global investors
- Professional reputation and long-term scalability
Eligibility Criteria
- The applicant must be an Indian company, LLP, or trust
- Should propose to operate as a fund management entity
- Must have a clear investment strategy and target segment
- Key managerial personnel must have relevant experience
- Minimum corpus of ₹20 crore required for each scheme
Documents Required
- Certificate of Incorporation / LLP Agreement / Trust Deed
- Memorandum and Articles of Association (MOA & AOA)
- Profile of fund managers and promoters
- Detailed investment strategy and term sheet
- Audited financial statements (if applicable)
- SEBI application form and declaration forms
Registration Process
- Step 1: Consultation and eligibility assessment
- Step 2: Preparation and collation of required documents
- Step 3: Submission of application to SEBI online
- Step 4: Payment of applicable registration fees
- Step 5: SEBI review, queries (if any), and approval
Why Choose Corporate Analytica?
- Experienced team for SEBI AIF compliance
- End-to-end documentation and filing support
- Assistance in fund structuring and investor strategy
- Guidance on ongoing reporting and compliance
- Support across all AIF categories (I, II & III)
Post‑Registration Compliance
- Quarterly and annual reporting to SEBI
- Disclosure of material changes to SEBI and investors
- Audit of financials and compliance statements
- Ongoing KYC and AML adherence
- Maintaining transparency with investors
Frequently Asked Questions (AIF Registration)
Q1. Who can register an AIF in India?
Companies, LLPs, or trusts intending to manage pooled investment funds and meeting SEBI’s criteria can register an AIF.
Q2. What are the types of AIFs?
There are three categories: Category I (VC/SME/social impact), Category II (PE, debt funds), and Category III (hedge funds, complex strategies).
Q3. How much time does SEBI take to approve?
The typical registration timeline is 4–8 weeks, depending on the completeness of documents and SEBI’s review process.
Q4. Is AIF registration mandatory for investment funds?
Yes, any pooled investment fund that is not registered under other SEBI regulations (like Mutual Funds) must register as an AIF to operate legally.