AIF-- PE Funds

It is compulsory for AIFs to be listed.

• True

• False

Funds which invests with intention of making profits mostly through Unlisted securities are :-

• CAT 1

• CAT 1 & 2

• CAT 2

• CAT 3

Funds that employs diverse or complex trading strategies including leverage are:-

• CAT 1

• CAT 2

• CAT 1 & 2

• CAT 3

The nature of the CAT 1 funds are:-

• Close ended

• Close Ended/ Open Ended

• Open Ended

• Dynamic

Minimum corpus for CAT 1 is :-

• 10crores

• 20 crores

• 1crores

• 50crores

For close ended schemes the extension is ___ years with approval of ___ of unit holders by value.

• 2 years , 66.67%

• 3yrs, 50%

• 2yrs, 75%

• 1yr, 25%

SEBI reporting for CAT 1 and CAT 2 is :-

• Quarterly

• Monthly

• Annually

• Half Yearly

Amount called for by the AIF for meeting investments/expense is called as ___

• Capital Contribution

• PPM

• Commitment Amount

• Draw Down

Fees charges from Investors during onboarding to meet the distribution expenses is_____.

• NAV

• Final Closure

• Set Up

• Management Fee

AIF can change its category once approved without SEBI approval.

• True

• False