MANU/SIPM/0004/2021

Ministry : Securities and Exchange Board of India

Department/Board : Investment Management Department

Circular No. : SEBI/HO/IMD/IMD-I/DOF6/CIR/2021/549

Date : 07.04.2021

Notification/ Circulars Referred : Circular No. CIR/IMD/DF/10/2013 dated July 29, 2013 MANU/SMFD/0020/2013;Circular No. CIR/IMD/DF/16/2014 dated July 18, 2014 MANU/SMFD/0009/2014

Citing Reference:
Circular No. CIR/IMD/DF/10/2013 dated July 29, 2013 MANU/SMFD/0020/2013  Referred

Circular No. CIR/IMD/DF/16/2014 dated July 18, 2014 MANU/SMFD/0009/2014  Referred

To,

All Alternative Investment Funds (AIFs)

Dear Sir/Madam,

Regulatory reporting by AIFs

1. In terms of AIF Regulations and paragraph 3.2 of Circular No. CIR/IMD/DF/10/2013 dated July 29, 2013, AIFs are required to submit periodical reports to SEBI relating to their activity. To provide ease of compliance, it has been decided to review and rationalize the existing regulatory reporting requirements.

2. Accordingly, based on consultation with various stakeholders and recommendation of Alternative Investment Policy Advisory Committee, it has been decided that all AIFs shall submit report on their activity as an AIF to SEBI on quarterly basis within 10 calendar days from the end of each quarter in the revised formats as specified in Annexure I. Further, Category III AIFs shall also submit report on leverage undertaken, on quarterly basis in the revised formats as specified in Annexure II.

3. AIFs shall submit these reports online through SEBI intermediary Portal.