Question

If an investor is a director, employee, manager, or sponsor of the AIF, what is the relaxed minimum investment limit?

a.

INR 1 million

b.

INR 2.5 million

c.

INR 5 million

d.

INR 7.5 million

Answer: (b).INR 2.5 million Explanation:In case the investor is a director, employee, manager, or sponsor of the AIF, the minimum investment limit is relaxed to INR 2.5 million.

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Q. If an investor is a director, employee, manager, or sponsor of the AIF, what is the relaxed minimum investment limit?

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