What regulatory framework governs hedge funds?

In India, the Securities and Exchange Board of India (SEBI) regulates hedge funds and other alternative investment funds through the SEBI (Alternative Investment Funds) Regulations, 2012. These regulations provide a framework for registration, investment restrictions, and reporting requirements for hedge funds and other alternative investment funds.

In addition to SEBI regulations, hedge funds may also be subject to other regulatory requirements, such as tax laws, antimoney laundering laws, and foreign exchange regulations. It is important for investors to understand the regulatory framework that applies to the hedge fund they are considering investing in, as well as any associated risks and obligations.