Home. AIF. Accredited Investor Framework. AIF regulatory guide. Check your eligibility. Book a discovery call.
Accredited Investor Framework for AIF in India
Accredited Investors can access lighter rules when investing in an AIF. The ₹1 crore minimum investment per investor does not apply to an Accredited Investor. An Accredited Investors only fund has only Accredited Investors as investors. A Large Value Fund for Accredited Investors (LVF) requires a commitment of at least ₹25 crore.
Use the Accredited Investor eligibility checker. Read the Accredited Investor framework for PMS.
Key facts at a glance
What is an Accredited Investor in an AIF?
What changes for an Accredited Investor in an AIF?
Accredited Investors only funds and Large Value Funds
Who qualifies as an Accredited Investor?
How net worth is calculated
How do I get an Accredited Investor certificate?
Accredited Investor certificate fees
Documents required
How long is accreditation valid?
How do I use Accredited Investor benefits with an AIF Manager?
Can I sign before my certificate arrives?
Can I withdraw my consent to Accredited Investor benefits?
What changed in October 2026?
Frequently asked questions
Does accredited investor status automatically waive the AIF minimum investment?
The AIF Regulations say the ₹1 crore minimum investment per investor under Regulation 10(c) does not apply to an Accredited Investor.
What is an Accredited Investors only fund?
An Accredited Investors only fund is an AIF, or a scheme of one, in which every investor other than the Manager, Sponsor, and their employees or directors is an Accredited Investor.
What is a Large Value Fund for Accredited Investors (LVF)?
A Large Value Fund for Accredited Investors is an AIF or scheme in which every investor, other than the Manager, Sponsor and their employees or directors, is an Accredited Investor who invests at least ₹25 crore.
Who issues Accredited Investor certificates?
SEBI currently recognises CDSL Ventures Limited (CVL) and NSDL Database Management Limited (NDML).
How much does an Accredited Investor certificate cost?
For an individual, HUF, family trust or sole proprietorship, the fees are ₹10,000 for a 2-year certificate and ₹14,500 for a 3-year certificate, before taxes.
How long is an Accredited Investor certificate valid?
It is valid for 2 years or 3 years, depending on how many preceding financial years the criteria were met.
What must the AIF contribution agreement say about Accredited Investor benefits?
It must set out the concessions agreed, the conditions, the consequences if you become ineligible, and how consent can be withdrawn.
Can I withdraw my consent to Accredited Investor benefits in an AIF?
Generally yes. Investors in Accredited Investors only funds and LVFs who availed concessions cannot withdraw consent.
What if I lose Accredited Investor status after investing?
If you were an Accredited Investor when you were on-boarded into an AIF scheme, you are treated as one for the life of that scheme.
Can I sign the AIF agreement before my certificate arrives?
Yes, in limited cases. The scheme cannot accept your funds until you obtain the certificate.
What changed with the SEBI (Alternative Investment Funds) (Third Amendment) Regulations, 2026?
Notified on 9 October 2026, they add a securities market exposure criterion and allow accreditation by specified SEBI registered or regulated entities.
Talk to us about accreditation and AIFs
Schedule a call. investor.relations@trilithon.in. 1800 572 3851.
Related guides
Accredited Investor eligibility checker. Accredited Investor framework for PMS. Accredited Investors in AIFs. AIF strategies. AIF vs PMS. How to invest. FAQs.
Sources
SEBI (Alternative Investment Funds) Regulations, 2012. SEBI (Alternative Investment Funds) (Third Amendment) Regulations, 2026, notified 9 October 2026.
Useful
Disclaimer. How to invest. Category III AIF. PMS Guide. Grievance Redressal. Investor Charter. SEBI Compliance. Accessibility Statement.
More
Privacy Policy. Terms & Conditions. AIF vs PMS. US Equity. IB Onboarding. Blogs. FAQs.
Accredited Investor Framework. Accredited Investor.