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    <title>Securities and Exchange Board of India (Alternative Investment Funds) (Second Amendment) Regulations, 2026</title>
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    <description>Scheme fees are required with the application, except for the launch of an Alternative Investment Fund&#039;s first scheme. The period for filing specified documents is changed to ten working days. After filing, the Board may communicate comments to the merchant banker or Manager, who must ensure compliance with those comments. These requirements do not apply to an Accredited Investors only fund. The amendment also removes the requirement for action under regulation 19D(4) to be undertaken through a merchant banker and omits regulation 19D(5).</description>
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