The Securities and Exchange Board of India (SEBI) on May 23, 2024, issued a Consultation Paper on a review of certain aspects of the framework for the valuation of the investment portfolio of AIFs.
The objective of this consultation paper is to seek comments/views/suggestions from the public on the proposals to provide relaxation on the following aspects of the framework for the valuation of the investment portfolio of AIFs–
• Applicability of valuation norms to compute valuation of investment portfolio of AIFs;
• Change in valuation methodology and approach being considered as ‘material change’;
• Eligibility criteria of independent valuers to be appointed by AIFs; and,
• Timeline for reporting valuation of investment portfolio by AIFs to Performance Benchmarking Agencies.
