SEBI consultation Paper on review of certain aspects of the framework for valuation of investment portfolio of AIFs

SEBI has issued a consultation Paper on review of certain aspects of the framework for valuation of investment portfolio of AIFs. The objective of this consultation paper is to seek comments/views/suggestions from public on the proposals to provide relaxation on the following aspects of the framework for valuation of investment portfolio of AIFs.

1. Applicability of valuation norms to compute valuation of investment portfolio of AIFs;
2. Change in valuation methodology and approach being considered as ‘materialchange’;
3. Eligibility criteria of independent valuers to be appointed by AIFs; and
4. Timeline for reporting valuation of investment portfolio by AIFs to Performance Benchmarking Agencies.

Considering the implications of the matter on the market participants, public comments are invited for the paper. The comments / suggestions may be provided latest by June 13, 2024, via online web-based form through the link.