SEBI's New Fund Framework
SEBI has introduced a new framework for inoperative funds, which includes reforms in winding-up rules for alternative investment funds. The new framework is based on a consultation paper released on 5 February 2026, which aims to provide flexibility to alternative investment funds in winding up inoperative funds.
The key points of the new framework include:
- flexibility to alternative investment funds in winding up inoperative funds
- a clearer process for winding up inoperative funds
- reforms in the winding-up rules for alternative investment funds.
The new framework is expected to bring more transparency and efficiency to the alternative investment fund industry.
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