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    Question

    Which of the following is NOT a characteristic of

    Alternative Investment Funds (AIFs) in India?
    A They include private equity funds, hedge funds, and venture capital funds. Correct Answer Incorrect Answer
    B They can only invest in the stock market. Correct Answer Incorrect Answer
    C AIFs are regulated by the Securities and Exchange Board of India (SEBI). Correct Answer Incorrect Answer
    D They allow investments in unlisted companies. Correct Answer Incorrect Answer
    E They may focus on specific sectors, such as MSME financing. Correct Answer Incorrect Answer

    Solution

    AIFs are designed to invest in various asset classes, including unlisted companies, real estate, private equity, and venture capital. They are not limited to investing only in the stock market.

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