Corporate Debt Market Development Fund (CDMDF) Will Be Classified as Category-1 AIF, SEBI Clarifies
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- Last Updated on 18 December, 2024
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SEBI/HO/IMD/PoD2/P/CIR/2024/174 dated December 13, 2024
Earlier, SEBI had received representation to provide clarity on the classification of CDMDF under one of the defined categories under the AIF Regulations. Though SEBI has laid down a separate framework for Corporate Debt Market Development Fund (CDMDF). Now SEBI has clarified the Corporate Debt Market Development Fund (CDMDF) will be categorized as the Category-1 AIF.
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