The new rule allows such investments to be either sold to a new scheme of the same AIF - liquidation scheme or distributed in-specie to the investors of the original AIF. An in-specie distribution involves the distribution of the investments such as shares or other securities of the AIF to its investors, instead of returning their capital in the form of cash.

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Mumbai , Maharashtra , India , Vivaik Sharma , Tejesh Chitlangi , Cyril Amarchand Mangaldas , Exchange Board Of India Sebi , Exchange Board , Cyril Amarchand , Sebi , Kaifs , Assets , Fund , Capital ,