Restricted non-retail schemes are classified by investment strategy, determining alternative investment fund category and permitted scheme structure. Restricted Schemes launched by Registered FMEs are classified by investment strategy for filing as Category I, Category II or Category III Alternative ... Summary
Restricted non-retail schemes are classified by investment strategy, determining alternative investment fund category and permitted scheme structure.
Restricted Schemes launched by Registered FMEs are classified by investment strategy for filing as Category I, Category II or Category III Alternative Investment Funds. Category I covers specified developmental, social, infrastructure and similar investments; Category III covers diverse or complex trading strategies, including derivatives; and Category II covers investments outside those categories. Category I and Category II schemes must be close-ended, while Category III schemes may be close-ended or open-ended.
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