Primer (AIF)
Primer on SEBI AIFs
Lawple Advisors · December 2025 · 24 pages
A practical guide to setting up and running an Alternative Investment Fund registered with SEBI.
Inside this primer
- Traditional AIF structure
- Key stakeholders
- Comparison of AIF categories and classifications
- Key considerations for Category I and II AIFs
- Key considerations for Category III AIFs
- Key documents
- Fund lifecycle (close-ended)
- Tentative costs and initial registrations
- Post-registration policies
- Accredited investor framework
- PMS v AIF, and co-investment vehicles
- Legal service providers























