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SEBI Introduces ‘Inoperative Fund’ Framework to Facilitate Orderly Winding Up of AIFs and VCFs

Submitted by yvonne on Mon, 06/22/2026 - 13:37

SEBI through the circular HO/19/34/11(2)2026-AFD-POD1/I/13764/2026 dated 16 June 2026 (Circular) has issued guidelines for AIFs seeking ‘Inoperative Fund’ status.

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