Fund operations for SEBI-registered AIFs
Category I and II AIFs run in the same Folio workspace as the rest of your funds. Capital calls, NAV, and LP reporting live in one system, with an audit trail ready for SEBI reporting and every figure consolidated in USD alongside your other vehicles.
Securities and Exchange Board of India
Alternative investment funds register with SEBI under the SEBI (Alternative Investment Funds) Regulations, 2012.
Category I and II AIFs
Category I includes venture capital and angel funds; Category II includes private equity and debt funds. Most AIFs are set up as trusts.
Records ready for SEBI reporting
NAV inputs, capital activity, and LP records logged with a full audit trail. Folio prepares the record; your team or administrator files with SEBI.
INR vehicles, USD reporting
Indian AIFs are denominated in INR. Folio records each vehicle in its own currency and consolidates every figure in USD.
What runs on Folio in India
Category I and II AIFs
Commitments, drawdowns, and distributions tracked per investor across the life of the fund.
SPVs and co-invest vehicles
Vehicles alongside the main fund tracked in the same workspace, so ownership and returns roll up correctly.
Quarterly NAV with an audit trail
Valuation inputs logged as they come in, so the NAV behind each SEBI or board report can be traced end to end.
One view with your other funds
INR-denominated vehicles report alongside funds in other jurisdictions, with every figure consolidated in USD.
| Vehicle | Domicile | NAV (USD) |
|---|---|---|
| Fund I | India · AIF | $41.8M |
| Fund II | Singapore · VCC | $33.5M |
| Co-invest I | India · SPV | $16.9M |
| Growth Fund | US · LP | $10.2M |
Rows marked in blue are domiciled in India. Every figure is consolidated in USD.
How a quarter runs on Folio
- 1Drawdown notices go out digitally and investor payments are tracked against each commitment
- 2Valuation inputs for the quarter are logged as they arrive, each one recorded to the audit trail
- 3NAV and investor statements are produced from the same records and published to the LP portal
- 4Your team or administrator files with SEBI from records that are already reconciled
Deal flow, portfolio monitoring, fund operations, LP reporting, compliance, and Sage work the same way here as in every other market, on the same fund ledger.
Common questions about running Indian AIFs on Folio
This guide is general information about how funds in India run on Folio. It is not legal, tax, or regulatory advice; confirm your obligations with counsel or your fund administrator. Updated November 2026.
Running an AIF in India?
Book a demo and we will walk through how your Category I or II fund would run on Folio.