Securities and Exchange Board of India
SEBI/HO/AFD/SEC-1/P/CIR/2023/0155 September 14, 2023
All Alternative Investment Funds (AIFs),
Indian Venture and Alternate Capital Association (IVCA),
Sub: Regulatory Reporting by AIFs
1.In terms of Regulation 28 of SEBI (AIF) Regulations, 2012 read with Clause 15.1 of SEBI Master Circular for AIFs dated July 31, 2023, AIFs shall submit quarterly reports to SEBI in the formats specified with respect to the activities carried on by the AIFs.
2.In order to enable the AIF industry to have uniform compliance standards, ease compliance reporting and for regulatory and developmental purposes, the existing quarterly reporting format has been reviewed in consultation with AIF Industry Associations – Indian Venture and Alternate Capital Association (IVCA) and Equalifi (hereinafter referred to as ‘association’) and the revised format has been prepared.
3.The said revised reporting format shall be hosted by the AIF associations on their website within 2 working days of issuance of this circular.
4.The association shall assist all AIFs in understanding the reporting requirements and in clarifying or resolving any issues which may arise in connection with reporting to ensure accurate and timely reporting.
5.The quarterly report shall be submitted by AIFs online on the SEBI Intermediary Portal (SI Portal) as per the aforesaid revised format. The report shall be submitted within 15 calendar days from the end of each quarter.
For full notification please refer to the attachment