SEBI AIF Amendment 2026: Inoperative Fund Status, Retained Liquidation Proceeds and the Rs 1,000 Social Impact Minimum
The SEBI (Alternative Investment Funds) (Amendment) Regulations, 2026 let an AIF be tagged as an inoperative fund, make the distribution of liquidation proceeds subject to SEBI conditions, and cut the individual minimum in certain social impact funds to Rs 1,000. SEBI’s circular of 16 June 2026 sets the conditions. Here is what changed, who is affected and what to do.









