SEBI Updates Reporting Requirements for Alternative Investment Funds

SEBI has revised the reporting framework for Alternative Investment Funds (AIFs), replacing detailed quarterly filings with a comprehensive Annual Activity Report due within 30 days after March each financial year. AIFs must also submit limited quarterly reports except for the March quarter, which is covered in the annual report. The first annual report is due by May 31, 2026. Revised reporting formats will be available on the IVCA website, which will assist AIFs in compliance to improve ease of doing business and reduce costs.