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The minimum investment from one person is ₹10,000,000. The minimum corpus of the funds is ₹200,000,000. At any time, not more than 1000 investors are allowed. The initial contribution of the fund manager or promoter should be 2.5% or ₹50,000,000, whichever is less (for category 1 and 2) and 5% or ₹100,000,000 for Category 3 AIF [3]
NSE EMERGE [2] is the National Stock Exchange of India's new initiative for small and medium-sized enterprises and startup companies from India. [3] These companies can get listed on NSE without Initial public offering (IPO). This platform helps SMEs and Startups to connect with investors for funding. [4]
[1] [2] [3] In Union Budget 2015-16, India's then Finance Minister, Arun Jaitley announced the creation of NIIFL. It was proposed to be established as an Alternative Investment Fund with an inflow of ₹ 20,000 crore from the Government of India, with their commitment being 49% of the total corpus. [4]
In February 1999, CDSL received certificate of commencement of business from Securities and Exchange Board of India (SEBI). [7] On 30 June 2017, CDSL was listed on the National Stock Exchange (NSE) through initial public offering (IPO) [8] making it the first depository in Asia-Pacific region and only the second depository in the world to get listed.
As the definition of alternative investments is broad, data and research vary widely across the investment classes. For example, art and wine investments may lack high-quality data. [ 10 ] The Goizueta Business School at Emory University has established the Emory Center for Alternative Investments to provide research and a forum for discussion ...
In the end, it was using funds of its credit balance clients’ to not only fund trades of its debit balance clients but also to fund its own trades." [33] The Securities Appellate Tribunal (SAT) set aside the SEBI's order prohibiting IIFL to accept new clients in December 2023. Also the penalty was reduced to Rs 20 lakh from Rs 2 crore.
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HDFC Securities Limited is a financial services intermediary and a subsidiary of HDFC Bank, a private sector bank in India. HDFC Securities was founded in year 2000 and is headquartered in Mumbai , with branches across major cities and towns in India.