Sebi mulls standardised approach to valuation of investment portfolio of AIFs
As such, managers of AIFs have flexibility to adopt any valuation methodology by disclosing the same to investors in Private Placement Memorandums (PPMs) of schemes of AIFs managed by them.Currently, the modalities relating to valuation of investment portfolio of the AIFs are not disclosed in the PPMs at the time of submission to Sebi and also not reported to the regulator subsequently.
