Specified fund

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..... (Alternative Investment Fund) Regulations, 2012, made under the SEBI Act, 1992 or regulated under the International Financial Services Centres Authority (Fund Management) Regulations, 2022, made under the International Financial Services Centres Authority Act, 2019; (b) which has been granted a certificate as a retail scheme or an Exchange Traded Fund and satisfies the conditions laid .....

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..... ent. of the total units issued and fulfil such other conditions as may be prescribed; or (ii) investment division of an offshore banking unit, which has been-- (I) granted a certificate of registration as a Category-I foreign portfolio investor under the SEBI (Foreign Portfolio Investors) Regulations, 2019 made under the SEBI Act, 1992 and which has commenced its operations on or before the 31s .....

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