{"id":73415,"date":"2019-04-24T12:20:02","date_gmt":"2019-04-24T12:20:02","guid":{"rendered":"https:\/\/www.edristi.in\/?p=73415"},"modified":"2019-04-24T12:20:04","modified_gmt":"2019-04-24T12:20:04","slug":"airport-specific-fund","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/airport-specific-fund\/","title":{"rendered":"Airport Specific Fund"},"content":{"rendered":"\n<strong>Questions: Airport Specific Fund can raise capital up to which amount?<\/strong>\n<br>(a)\t Rs 10,000 crore\n<br>(b)\t Rs 20,000 crore\n<br>(c)\t Rs 30,000 crore\n<br>(d)\t Rs 40,000 crore\n<strong><br>Answer: (a) \n<br>Related facts: <\/strong>\n\n\n\n\n<ul><li>SEBI has recently\napproved an Airport Specific Fund.<\/li><li>As a Category II\nAlternative Investment Fund it can raise a capital of up to Rs. 10,000 crores.<\/li><li>Chennai-based <strong>Taking off to The Future Investment\nManagement LLP<\/strong> is the sponsor and the investment manager of the fund. This\ncompany has a presence in the airport sector. <\/li><li>The fund would\nreceive contributions from banks, corporate, institutional investors, insurance\ncompanies, pension funds, high net worth individuals and other investors in\nIndia and abroad as permitted under the AIF Regulations.<\/li>\n<script async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\n<ins class=\"adsbygoogle\" style=\"display:block; text-align:center;\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-7086827700842303\" data-ad-slot=\"2662621974\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n<li>The fund is\ntargeting a minimum capital contribution of Rs. 3,500 crore and a maximum\ncapital contribution of Rs. 7,000 crore.<\/li><li>The trustee and\nthe Investment Manager shall have the option, at their discretion, to revise\nthe target Capital commitments, subject to the maximum size of the fund, not\nexceeding Rs. 10000 crore.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Link:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/in-a-first-sebi-gives-nod-to-rs-10000-crore-airport-fund\/articleshow\/68746758.cms\" target=\"_blank\">https:\/\/timesofindia.indiatimes.com\/business\/india-business\/in-a-first-sebi-gives-nod-to-rs-10000-crore-airport-fund\/articleshow\/68746758.cms<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Questions: Airport Specific Fund can raise capital up to which amount? (a) Rs 10,000 crore (b) Rs 20,000 crore (c) Rs 30,000 crore (d) Rs 40,000 crore Answer: (a) Related facts: SEBI has recently approved an Airport Specific Fund. As a Category II Alternative Investment Fund it can raise a capital of up to Rs. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":73418,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1121],"tags":[2344],"class_list":["post-73415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nnews","tag-national"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/73415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=73415"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/73415\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/73418"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=73415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=73415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=73415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}