Whalesbook
SEBI ka ek naya plan aaya hai jiska naam hai GARUDA (Green-Channel: AIF Rollout Upon Document Acknowledgement). Iska seedha matlab hai ki ab AIFs ko launch karne ki speed badha di jayegi.
Ab tak AIF schemes ko approve hone mein lagbhag 30 din lagte the, lekin GARUDA ke baad ye time cut karke sirf 10 working days ka kar diya jayega. Ye sab isliye kiya jaa raha hai taaki funds market mein jaldi aa sakein aur rapidly grow hote AIF sector ko support mile. Current mein India ke AIF sector mein ₹15.74 lakh crore ke commitments hain.
Is GARUDA system mein, majority AIF schemes file karne ke bas 10 working days baad launch ho sakti hain, agar SEBI ko koi objection nahi hai toh. First time AIF scheme launch karne ke liye, ya toh registration ke time ya filing ke 10 working days baad, jo bhi late ho, uske baad launch allowed hoga. Ye sabse bada goal hai unka – capital ko fast track karna.
Aur suno, Accredited Investors (AI-only) aur Angel Funds ke liye toh aur bhi bada relaxation hai! Inke liye fund managers seedha SEBI mein file kar payenge, merchant banker ki zaroorat nahi hogi. Aur toh aur, ye schemes filing ke turant baad launch ho jayengi, koi review period nahi hoga. Ye isliye kyunki accredited investors ko already financially savvy mana jaata hai.
AI-only aur Angel Funds ke liye filing ab seedha hoga, aur funds immediately launch ho sakte hain.
As of March 31, 2026, AIFs ki sankhya 1,849 ho gayi hai, jo 5 saal pehle 732 thi. Total commitments ₹15.74 lakh crore tak pahunch gaye hain, aur December 31, 2025 tak ₹6.45 lakh crore invest ho chuke hain. Accredited investors ki sankhya bhi April 30, 2026 tak 2,773 ho gayi hai, jo ek saal pehle 649 thi. December 31, 2025 tak in accredited investors ne ₹1.91 lakh crore ke AIF units hold kiye the, jo total AIF investments ka almost 30% hai.
Indian AIF market 2030 tak ₹100 lakh crore tak pahunch sakta hai, aur SEBI ke ye changes is growth ko aur speed denge.
Lekin haan, is fast track process mein thoda risk bhi hai. Jaldi approval ka matlab hai ki SEBI ka initial scrutiny kam ho sakta hai. SEBI post-launch checks karega, par kuch fund managers se disclosure mein errors ya misrepresentation ka chance badh sakta hai. Especially AI-only aur Angel Funds mein, managers aur investors ko khud zyada dhyan dena hoga.
SEBI ne public comments ke liye ye changes open kiye hain June 1 tak. Industry walon ko umeed hai ki isse investment aur innovation mein aur tezi aayegi.