Regulation 27 - Maintenance of Records - Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012

Maintenance of Records. 27. (1) The Manager or Sponsor shall be required to maintain following records describing: (a) the assets under the scheme/fund; (b) valuation policies and practices; (c) investment strategies; (d) particulars of investors and their contribution; (e) rationale for investments made. (2) The records under sub-regulation (1) shall be maintained for a period of five years after the winding up of the fund.