The Securities and Exchange Board of India (SEBI) on September 19, 2025, issued Draft Circular for Public Comments on the Guidelines with respect to reporting of value of units of Alternative Investment Funds (AIFs) to Depositories.
The objective of this consultation paper is to promote transparency in the AIF ecosystem, it is proposed to leverage upon the depository infrastructure such that AIFs may be required to maintain updated NAV of the units issued to investors based on valuation of their investments in the Depository system.
The Draft Circular on “Reporting of value of units of Alternative Investment Funds (AIFs) to Depositories” is placed at Annexure-1.
The comments/ suggestions should be submitted latest by October 09, 2025, only through the following link:
https://www.sebi.gov.in/sebiweb/publiccommentv2/PublicCommentAction.do?doPublicComments=yes
The draft circular is also attached to the document below.
[Circular No. SEBI/HO/AFD/PoD-1/P/CIR/2025/]
