Restricted non-retail schemes classify investment strategies into alternative investment fund categories and prescribe permissible scheme structures. Restricted Schemes may be launched by Registered FMEs and classified as Category I, Category II or Category III Alternative Investment Funds according to ... Summary
Restricted non-retail schemes classify investment strategies into alternative investment fund categories and prescribe permissible scheme structures.
Restricted Schemes may be launched by Registered FMEs and classified as Category I, Category II or Category III Alternative Investment Funds according to their investment strategy. Socially or economically desirable sectoral investments are Category I, while complex trading strategies, including listed or unlisted derivatives, are Category III. Other investments are Category II. 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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