SEBI's GARUDA framework cuts AIF launch time. Here's what it means for Alternative Investment Fund investors

SEBI introduced the GARUDA framework, allowing Alternative Investment Fund schemes to launch within 10 working days of filing their Private Placement Memorandum. Chirag Shah of BlackSoil AMC said, "GARUDA enables fund managers to act on investment opportunities more quickly." This change helps managers deploy capital faster and improves business ease.