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<h1>SEBI Aligns IFSC AIF Investment Rules with Domestic Guidelines per 2012 Regulations; 2017 Conditions Unchanged.</h1> The Securities and Exchange Board of India (SEBI) issued a circular on August 9, 2019, concerning permissible investments by Alternative Investment Funds (AIFs) operating in International Financial Services Centres (IFSC). The circular aligns the investment provisions for AIFs in IFSC with those applicable to domestic AIFs, allowing them to invest according to the SEBI (Alternative Investment Fund) Regulations, 2012, and related guidelines. Previous conditions from the May 23, 2017 circular remain unchanged. This circular, issued under the SEBI Act, 1992, aims to protect investor interests and regulate the securities market.