TaxTMI 
TaxTMI 
Publishing Investor Charter and Disclosure of complaints by AIFs
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....estors etc., at one single place, in lucid language for ease of reference. 3. In this regard, all AIFs are advised to take necessary steps to bring the Investor Charter, as per 'Annexure - X', to the notice of their investors in the following manner: a) In case of new schemes, disclose Investor Charter in the Private Placement Memorandum (PPM); b) In case of existing schemes, as a one time measure, disclose Investor Charter to the investors on their registered e-mail. 4. Additionally, in order to bring about further transparency in the Investor Grievance Redressal Mechanism, it has been decided that data on investor complaints received against AIFs and each of their schemes and redressal status thereof shall be discl....
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.... industry on professional and ethical lines and maintain high standards of governance and transparency. Mission • Maintain high professional and ethical standards within the AIF industry. • Comply with all applicable regulations and co-operate with the regulators in all aspects of the AIF activity. • Act in a fiduciary capacity towards the investors. B. Details of business transacted by the organization with respect to the investors: • To raise capital from domestic and global investors. • To invest in portfolio companies in accordance with investment strategy stated in Fund documents, with an objective to generate positive returns for the stakeholders including investor....
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....ict of interest. 4.5. Risks associated with the portfolio, such as concentration risk, foreign exchange risk, leverage risk, realization risk, strategy risk, reputation risk, extra-financial risks such as social and corporate governance risks etc. at fund and investee company level. 5. Intimation of any non-material changes in the operations of the fund. 5.1. Non-material changes such as • Bank account details • Address of AIF or its Manager or Sponsor • Contact details such as email-id, contact number, etc. of AIF or its Manager or Sponsor 6. Grievance redressal 6.1. Redressal of investor complaints received directly from investors and/ or from SEBI / SCORES. D. Timelines of the acti....
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....ribed to the Manager or Sponsor; and any fees charged to the Alternative Investment Fund or any investee company e. Any inquiries/ legal actions by legal or regulatory bodies in any jurisdiction As and when occurred f. Any material liability arising during the Alternative Investment Fund's tenure g. Any breach of a provision of the placement memorandum or agreement made with the investor or any other fund documents h. Intimation regarding conflict of interest in any transaction As and when they arise or seem likely to arise i. Any change in terms of Private Placement Memorandum /fund documents On consolidated basis within one month of end of each financial year 3. Complaint handling rel....
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....ents. 1.3. Ensure and make certain that the proposed investment in the Fund meets your investment objective and is in alignment with your risk appetite. 1.4. Review your portfolio holdings, account statements and transaction confirmation on regular basis to ensure that you aware of all transactions and securities where you are invested. 2. Responsibility to timely update your KYC and information with the Intermediary 2.1 Provide complete and accurate information in your KYC documents, including financial/ income status. 2.2 Timely updation of KYC information. 3. Responsibility to abide by the contribution agreement. 3.1. The investor needs to read carefully and understand the agreement that he/she is entering into with ....