TNPSC Thervupettagam

Self-Reliant India Fund

November 15 , 2022 742 days 737 0
  • Self-Reliant India Fund is Rs.10,000 crore fund launched by the Indian Government.
  • It is a SEBI-registered category-II Alternative Investment Fund.
  • It was launched by the Government to provide growth capital to MSME Sector.
  • It operates via the mother-fund and daughter-fund (Fund of Funds) structure.
  • The mother fund is the SEBI fund that invests up to 20 per cent of the overall corpus.
  • The daughter fund raises the rest 80 per cent of the capital from the outside sources.

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