Regulatory Roundup 2024-25: Key Legal Developments for Investment Funds in India

Updated: 10 Apr, 2025

This edition of the Begur Bulletin examines the surge in India's investment fund ecosystem during 2024–25, spotlighting regulatory advances in Alternative Investment Funds (AIFs), Mutual Funds, REITs, InvITs, Foreign Portfolio Investors (FPIs), and IFSCs. SEBI introduced a dissolution framework for unliquidated AIFs, enabled infrastructure-linked encumbrances, and launched a 'Mutual Fund Lite' regime for passive funds. IFSC reforms aim to attract global capital, while simplified compliance rules improve operational ease. The bulletin provides actionable insights into India’s evolving landscape for fund managers, institutional investors, and global stakeholders.