Classification of Corporate Debt Market Development Fund (CDMDF) as Category I Alternative Investment Fund

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..... a (AMFI) Sir / Madam, Subject: Classification of Corporate Debt Market Development Fund (CDMDF) as Category I Alternative Investment Fund 1. Corporate Debt Market Development Fund (hereinafter referred to as CDMDF or the fund ) has been set-up under Chapter III-C of SEBI (Alternative Investment Funds) Regulations, 2012 (AIF Regulations) to act as a Backstop Facility for purchase of investment grad .....

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..... terms of Regulation 3(4)(a) of AIF Regulations. 4. This circular is issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with the provisions of Regulation 36 of AIF Regulations, to protect the interest of investors in securities and to promote the development of, and to regulate the securities market. 5. This Circular is availab .....

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