Moneycontrol PRO
Loans
Loans

business

SEBI proposes new rules for alternative investment funds

Market regulator Securities Exchange Board of India (SEBI) today proposed new rules for Alternative Investment Funds (AIFs) and other private equity funds, pooling in capital from high networth individuals (HNIs) and corporates, but suggested keeping retail investors out of their ambit.

first published: Aug 1, 2011 07:32 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347