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Sebi notifies rules to make AIFs AI-only

December 09, 2025

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Mint Ahmedabad

The Securities and Exchange Board of India (Sebi) has laid out a formal framework to allow existing alternative investment funds (AIFs) to be converted into accredited investor-only funds (AI-only funds) or large value funds (LVFs).

- APOORVA AJITH

In a circular released on Monday, the markets regulator formalized the process for AIFs wishing to launch new AI-only funds or LVFs, or convert existing schemes into the

المزيد من القصص من Mint Ahmedabad

Mint Ahmedabad

Clean Max secures $575 mn financing

Clean Max Enviro Energy Solutions on Tuesday said it has secured $575 million financing to expand its solar and wind portfolio in India.

time to read

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THESE AI GURUS CHARGE BANKS $25,000 A DAY

Former SoftBank fund managers Sinisterra and Wang are selling AI fluency and confidence to Wall Street banks

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WHAT CREDIT ENQUIRIES REALLY MEAN AND WHY BORROWERS MUST PAY ATTENTION

It begins with a message that makes people pause. An SMS says a credit enquiry was made on the credit report. An email follows. For someone who applied for a loan or credit card, it may seem routine. For others, it raises immediate questions: Who checked my report? Why? Does this hurt my credit score?

time to read

3 mins

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Mint Ahmedabad

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Nokia's 140% rally turns AI comeback into valuation puzzle

A rally in Nokia Oyj is forcing investors to reconsider the company not as an old telecom-equipment stock, but as part of the infrastructure underpinning the artificial intelligence (AI) boom.

time to read

2 mins

May 27, 2026

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'Serious concerns': BP ousts chairman

British oil giant BP unexpectedly removed Albert Manifold as chairman on Tuesday after less than one year in the role, citing \"serious concerns\" about governance standards, oversight and conduct at the company.

time to read

1 min

May 27, 2026

Mint Ahmedabad

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Nine crypto whales dominate Polymarket disputes worth billions

Nine anonymous cryptocurrency wallets have effectively gained control over who wins and loses on Polymarket’s most contested prediction market bets, giving a tiny group of unappointed people outsized power over billions of dollars of wagers.

time to read

4 mins

May 27, 2026

Mint Ahmedabad

Mint Ahmedabad

Cognizant is first IT firm to fund repurchase with bank borrowings

quent years. Hence, it started 2026 with the full credit facility, having replenished it after prior repayments. The credit line is due in October 2027.

time to read

2 mins

May 27, 2026

Mint Ahmedabad

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Himalaya Wealth floats ₹500-cr AIF

Himalaya Wealth Managers has launched a ₹500 crore SME-focused alternative investment fund (AIF) aimed at backing growth-stage businesses in sectors such as deeptech, aerospace, defence, industrial automation, healthcare, electronics and renewable energy, senior executives told Mint.

time to read

2 mins

May 27, 2026

Mint Ahmedabad

HC orders SpiceJet to disclose its assets in lessor row

The Delhi High Court has directed cash-strapped SpiceJet to file an affidavit disclosing its assets within two weeks in a dispute with engine lessor Sunbird France 02 SAS, which is seeking to recover about $8 million in unpaid lease rentals and maintenance dues.

time to read

1 min

May 27, 2026

Mint Ahmedabad

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The risk premium for holding stocks over bonds is vanishing

Investors are piling into stocks at a feverish pace. But by one measure, equities look as unattractive as they did after the dot-com bubble burst.

time to read

4 mins

May 27, 2026

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