India’s market regulator, the Securities and Exchange Board of India (SEBI), has introduced a new green channel mechanism to accelerate the rollout of Alternative Investment Fund (AIF) schemes. The framework, called GARUDA, is aimed at reducing delays in bringing regular AIF plans to market.
Under the new system, regular AIF schemes can be launched 10 days after filing their documents, according to the announcement. The move is designed to create a faster approval route and simplify the process for fund managers seeking to introduce new schemes.
The change signals SEBI’s effort to make the AIF ecosystem more efficient while keeping a formal filing structure in place. By setting up a quicker pathway, the regulator appears to be responding to industry demand for smoother and more predictable launches.
The GARUDA framework could help fund houses plan product rollouts with greater certainty and speed. For India’s alternative investment space, the new mechanism marks a notable regulatory step focused on easing execution for standard AIF offerings.
