Taxmann
Published: 2024-05-27
Total Pages: 16
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SEBI issued a Consultation Paper on May 23rd, 2024, to review specific aspects of the valuation framework for Alternative Investment Funds (AIFs) investment portfolios. The primary objective is to seek public comments on proposals to provide relaxation in certain areas of the AIF valuation framework. The key proposals include: ‣ Applicability of Valuation Norms Under SEBI (Mutual Funds) Regulations to Compute Valuation of AIFs' Investment Portfolio ‣ Change in Valuation Methodology and Approach to be considered as 'Material Change' ‣ Proposes Revised Eligibility Criteria for Independent Valuers to be Appointed by AIFs ‣ Proposal to Extend the Timeline to Report Valuation of Investments to Performance Benchmarking Agencies to 7 Months