SEBI Regulated Investment Funds

AIF RegistrationAlternative Investment Fund Setup

Register your Alternative Investment Fund (AIF) in India with expert SEBI compliance guidance. Complete AIF registration services for Category I, II, and III AIFs with setup, compliance, and ongoing regulatory support.

30-45
Days Processing
3
AIF Categories
100%
SEBI Compliant
4.9★
Rating
Free Consultation

AIF Categories & Types

Understand the three categories of Alternative Investment Funds and choose the right structure for your investment strategy

Category I AIF

Venture Capital & Infrastructure Funds

Invests in startups, SMEs, social ventures, and infrastructure projects

Fund Types:

  • Venture Capital Funds
  • Angel Funds
  • SME Funds
  • Infrastructure Funds
  • Social Venture Funds

Key Benefits:

  • Tax benefits under Section 80-IAC
  • Pass-through status for tax purposes
  • Government support and incentives
  • Lower compliance burden
Min Investment
₹1 crore per investor
Min Corpus
₹20 crores
Processing: 30-45 days
Category II AIF

Private Equity & Debt Funds

Includes Private Equity Funds, Debt Funds, and Fund of Funds

Fund Types:

  • Private Equity Funds
  • Debt Funds
  • Fund of Funds
  • Real Estate Funds

Key Benefits:

  • Flexible investment strategies
  • Pass-through tax status
  • No specific investment restrictions
  • Suitable for diverse portfolios
Min Investment
₹1 crore per investor
Min Corpus
₹20 crores
Processing: 30-45 days
Category III AIF

Hedge Funds & Trading Funds

Complex trading strategies including hedge funds and PIPE funds

Fund Types:

  • Hedge Funds
  • PIPE Funds
  • Trading Funds
  • Leveraged Funds

Key Benefits:

  • Sophisticated investment strategies
  • Leverage and derivatives allowed
  • Flexible trading strategies
  • Higher return potential
Min Investment
₹1 crore per investor
Min Corpus
₹25 crores
Processing: 35-50 days

Benefits of AIF Registration

Why register your investment fund as an AIF in India

SEBI Regulation

Regulated by SEBI ensuring investor protection and credibility in the market

Tax Benefits

Category I AIF enjoys tax benefits under Section 80-IAC and pass-through status

Foreign Investment

Easier access to foreign capital and investment from international investors

Flexible Strategies

Freedom to implement diverse investment strategies based on fund category

Professional Structure

Establishes professional fund management structure with proper governance

Investor Confidence

SEBI registration builds trust and confidence among sophisticated investors

AIF Registration Process

Our streamlined process ensures fast and compliant AIF registration with SEBI

1

Initial Consultation & Category Selection

Day 1-3

Discuss your investment strategy, fund structure, and determine the appropriate AIF category (I, II, or III). Our experts will guide you on the best category based on your investment objectives.

2

Fund Structure & Documentation

Day 4-10

Prepare fund structure, investment management agreement, fund documents, trust deed/LLP agreement, and all required legal documentation for AIF registration.

3

KYC & Compliance Setup

Day 11-18

Complete KYC documentation for all investors, set up compliance framework, appoint fund manager, custodian, and other service providers as required by SEBI.

4

SEBI Application Filing

Day 19-30

File AIF registration application with SEBI along with all required documents, disclosures, and compliance certificates. Respond to SEBI queries and clarifications.

5

SEBI Approval & Registration

Day 31-38

Obtain SEBI approval and registration certificate. Complete post-registration formalities including PAN, bank account setup, and regulatory registrations.

6

Post-Registration Compliance

Day 39-45

Set up ongoing compliance framework, reporting systems, and regulatory monitoring. Establish processes for quarterly reporting, annual filings, and investor communications.

Proposed Timeline

Complete AIF registration in 30-45 working days

30-45 Days
Total Processing Time
100%
SEBI Compliant
Expert
Guidance Throughout

AIF Compliance Services

Ongoing compliance and regulatory support for your Alternative Investment Fund

Quarterly Reporting

Prepare and file quarterly reports with SEBI including fund performance, investments, and compliance status

Annual Compliance

Annual compliance filings, audit reports, and regulatory submissions as required by SEBI

Investor Reporting

Regular investor communications, NAV reporting, and performance updates

Valuation Services

Professional valuation of investments and portfolio assets as per SEBI guidelines

KYC Compliance

Ongoing KYC compliance for new and existing investors as per SEBI and AML regulations

Regulatory Updates

Stay updated with SEBI circulars, regulatory changes, and compliance requirements

Requirements & Documents

Essential requirements and documents needed for AIF registration

Key Requirements

  • Minimum corpus of ₹20 crores (₹25 crores for Category III)
  • Minimum investment of ₹1 crore per investor
  • Registered fund manager or investment manager
  • Appointment of custodian (for Category I & II)
  • Investment management agreement
  • Trust deed or LLP agreement
  • KYC documents of all investors
  • Business plan and investment strategy
  • Compliance framework and policies
  • SEBI registration application

Required Documents

  • Trust deed or LLP agreement
  • Investment management agreement
  • Fund documents and disclosures
  • KYC documents of all investors
  • PAN and registration certificates
  • Fund manager credentials and experience
  • Business plan and investment strategy
  • Compliance policies and procedures
  • Custodian agreement (if applicable)
  • SEBI application forms and declarations

Frequently Asked Questions

Common questions about AIF registration and compliance

What is an Alternative Investment Fund (AIF)?

An Alternative Investment Fund (AIF) is a privately pooled investment vehicle that collects funds from sophisticated investors for investing in accordance with a defined investment policy. AIFs are regulated by SEBI and are categorized into Category I, II, and III based on their investment strategy and risk profile.

What are the different categories of AIF?

AIFs are classified into three categories: Category I AIF (Venture Capital Funds, Angel Funds, SME Funds, Infrastructure Funds), Category II AIF (Private Equity Funds, Debt Funds, Fund of Funds), and Category III AIF (Hedge Funds, PIPE Funds, Trading Funds). Each category has specific investment restrictions and compliance requirements.

How long does AIF registration take?

AIF registration typically takes 30-45 working days with FastLegal. This includes document preparation, SEBI application filing, regulatory approvals, and fund setup. Our expert team ensures fast processing with complete SEBI compliance and 100% success rate.

What are the minimum investment requirements for AIF?

Category I and II AIFs require minimum investment of ₹1 crore from each investor. Category III AIFs require minimum investment of ₹1 crore from each investor. The minimum corpus for AIF registration is ₹20 crores (₹25 crores for Category III AIF).

What are the compliance requirements for AIF?

AIF compliance requirements include: quarterly reporting to SEBI, annual compliance filings, investor reporting, valuation and audit requirements, KYC compliance, and ongoing regulatory updates. Our team provides comprehensive compliance support throughout the fund lifecycle.

Can foreign investors invest in AIF?

Yes, foreign investors can invest in AIF subject to FEMA regulations and RBI guidelines. Category I and II AIFs can accept foreign investment through automatic route, while Category III AIFs require prior approval. Our team will guide you through the foreign investment compliance process.

What is the difference between Category I, II, and III AIF?

Category I AIF invests in startups, SMEs, and infrastructure (tax benefits available). Category II AIF includes Private Equity and Debt Funds (no specific tax benefits). Category III AIF includes Hedge Funds and Trading Funds (complex strategies, higher risk). Each category has different investment restrictions, compliance requirements, and tax implications.

Do I need a fund manager for AIF registration?

Yes, AIF requires a registered fund manager or investment manager. The fund manager must have appropriate qualifications, experience, and infrastructure to manage the AIF. Our team can help you identify and engage qualified fund managers or assist in setting up an in-house fund management team.

Get Started with AIF Registration

Fill out the form below and our expert team will contact you within 24 hours

Ready to Register Your AIF?

Get expert guidance for your Alternative Investment Fund registration with complete SEBI compliance and fast processing

Access Free Tools

Use our business calculators and comparison tools

Explore Tools

Explore Services

Browse all our business services and find what you need

Explore Services

View Dashboard

Access your account and manage services

Go to Dashboard

Contact Us

Get in touch for immediate assistance

WhatsApp Now

Phone Support

+91 9782280098

+91 9664146595

WhatsApp

+91 9782280098

Start Chat

Email Support

support@fastlegal.in

Send Email