Table of Contents
Who regulate hedge funds in India?
And to create a hedge fund, the minimum investment amount should be INR 20 crore. Who regulates hedge funds in India? Securities and Exchange Board of India (SEBI) regulates hedge funds in India.
Are hedge funds available in India?
Some examples of hedge funds include names like Munoth Hedge Fund, Forefront Alternative Investment Trust, Quant First Alternative Investment Trust and IIFL Opportunities Fund. There are others such as Singlar India Opportunities Trust, Motilal Oswal’s offshore hedge fund and India Zen Fund.
Do hedge funds need to be regulated in India?
Hedge funds in India do not need to be necessarily registered with Securities and Exchange Board of India (Sebi), our markets regulator or disclose their NAVs at the end of the day. All other mutual funds are required to follow these regulatory requirements. How do Hedge funds work?
How many types of hedge funds are there under SEBI regulations?
SEBI under alternative investment funds regulations has prescribed the three types of the categories for the alternative investment fund for hedge funds registration under which they can seek registration depending upon the activities of the fund
What are the different types of hedge funds?
Fund of funds: These hedge funds primarily invest in other hedge mutual funds instead of investing in the individual underlying securities. Domestic hedge funds: This type of hedge fund is open for investment only to investors who are subject to the origin country’s (in this case India’s) taxation laws.
What is the value of the domestic hedge fund industry in India?
In July 2019, the domestic hedge fund industry reached a value of about INR430 billion. However, the Finance (No 2) Act 2019 increased the “surcharge”, a tax levied over and above regular income tax, for certain high-income bracket entities. Post the above amendment, the surcharge applies at the following rates: