Corpzo VentCorpzo Ventures Private Limitedures Private Limited Sector 63, Noida, Uttar Pradesh

Are there any limits on certain categories of investors (whether as sponsors or investors) participating in Alternative Investment Funds?
The minimum investment parameters that apply to an AIF investor were discussed in detail in response to question 3.7. The AIF Regulations additionally require that a person or company be named as an AIF's "sponsor" (the term "sponsor" refers to a person or organisation who was instrumental in the formation of the AIF). The manager can also fulfil his or her responsibilities as a sponsor. The sponsor must pledge as a continuous interest to the AIF, which is 2.5 percent of the corpus or INR 50,000,000, whichever is lower, for Category I and Category II AIFs, and 5 percent of the corpus or INR 100,000,000, whichever is lower, for Category III AIFs. While granting registration to the AIF, SEBI reviews the sponsor's credentials, and the sponsor is subject to SEBI's control and has some additional requirements (other than maintaining the continuing interest). Citizens or entities incorporated in Bangladesh or Pakistan are not permitted to invest in AIFs under the NDI Rules.
India has put various restrictions on foreign investment coming in, directly or indirectly, from a country that shares a land border with India as of May 2020, and such investments may require the approval of the Indian government. https://www.corpzo.com/alternative-investment-fund-operations-and-legal-regime