Conditions for Category III Alternative Investment Funds

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.... ^3[(a) Category III Alternative Investment Funds may invest in securities of listed or unlisted investee companies, derivatives, units of other Alternative Investment Funds or complex or structured products;] ^2[(aa) Category III Alternative Investment Funds may deal in goods received in delivery against physical settlement of commodity derivatives;] ^5[(ab) Category III Alte....

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....s shall be regulated through issuance of directions regarding areas such as operational standards, conduct of business rules, prudential requirements, restrictions on redemption and conflict of interest as may be specified by the Board.     *************** NOTES:- 1 Substituted by the SEBI (Alternative Investment Fund) (Amendment) Regulations, 2013, w.e.f 16-09-2013 for....