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Markets regulator Sebi has proposed a slew of relaxations for large value funds (LVFs) under the alternative investment funds framework, including reduction in minimum investment requirement to Rs 25 crore from the current Rs 70 crore.
In a consultation paper issued on Friday, the regulator said the changes aim to widen investor participation and cut compliance costs.
The proposals follow recommendations from Sebi’s Alternative Investment Policy Advisory Committee and the Ease of Doing Business Working Group.
The key proposal is to lower the investment…
