Alerts & Updates 12th Dec 2025

Modalities for migration to “AI-only Schemes” and relaxations for LVFs

Authors

Vinod JosephPartner | Mumbai
Akhil GanatraAssociate | GIFT City

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On December 08, 2025, SEBI issued a circular to spell out the modalities for migration of existing AIF schemes to AI-only schemes. AI-only Schemes were introduced by SEBI on November 19, 2025. SEBI’s aforementioned circular also brought into effect two relaxations for Large Value Funds, which had been approved by SEBI’s board on September 12, 2025.

In this Update, we have reviewed SEBI’s circular dated December 08, 2025 and analyzed its impact on AIFs.

Read the detailed update here

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