Sebi for easing valuation norms on AIF

New Delhi: Capital markets regulator Sebi has proposed providing relaxation on the framework pertaining to valuation of investment portfolio of alternative investment fund (AIF).

These relaxations are related to computing valuation of investment portfolio of AIFs, change in valuation methodology regarding ‘material change’, eligibility criteria of independent valuers to be appointed by AIFs and timeline for reporting valuation of investment portfolio by AIFs to performance benchmarking agencies, Sebi said in its consultation paper.

The Securities and Exchange Board of India (Sebi) has sought comments from the public till June 13 on the proposals.