Investment in angel funds

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....he key management personnel of an angel fund or its manager may invest in the angel fund.] ^6[(2) No minimum value of investment shall be applicable for investment in an angel fund by an angel investor.] ^7[****] ^8[(3)] Angel fund shall raise funds through private placement by issue of information memorandum or placement memorandum, by whatever name called.] ^9[(4) Such placement me....

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....BI (Alternative Investment Fund) (Amendment) Regulations, 2013, w.e.f. 16-09-2013 2. Substituted by the SEBI (Alternative Investment Funds)(Amendment) Regulations, 2018, w.e.f. 01-06-2018. Prior to the substitution, it read as "ten". 3. Substituted by the SEBI (Alternative Investment Funds)(Amendment) Regulations, 2018, w.e.f. 01-06-2018. Prior to the substitution, it read as "three". ....

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....h rupees from an angel investor." 8.  Re-Numbered vide Notification No. SEBI/LAD-NRO/GN/2025/265 dated 08-09-2025 before it was read as, "(4)" 9.  Inserted vide Notification No. SEBI/LAD-NRO/GN/2025/265 dated 08-09-2025 10.  Omitted vide F. No. SEBI/LAD-NRO/GN/2026/313 dated 10-07-2026 w.e.f. 10-07-2026 before it was read as, "thr....