Trustee
What is Trustee in an Indian AIF?
Where an AIF is set up as a trust, the trustee holds its assets for the benefit of investors and oversees the manager’s compliance with the trust deed and regulations. Since November 2025, the manager of an Accredited Investors Only AIF may itself act as trustee.
Authority: SEBI (Alternative Investment Funds) Third Amendment Regulations, 18 November 2025
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Definitions are explanatory, not legal advice. Where a definition rests on a regulation or circular it is named above; verify against the instrument before relying on it.