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HomeNewsBusinessMarketsAIFs seek capping of NBFC investments into funds at 10% of corpus

AIFs seek capping of NBFC investments into funds at 10% of corpus

The ask comes on account of concerns relating to independence with respect to investment decision making in certain AIFs which has high share of their corpus from NBFCs.

April 08, 2024 / 13:17 IST
AIFs seek capping of NBFC investments into funds at 10% of corpus

Currently banks and insurance companies are allowed to invest not more than 10 percent of their total corpus in AIFs.

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