In June 2026, the Securities and Exchange Board of India introduced the Green-Channel: AIF Rollout Upon Document Acknowledgement (“GARUDA”) framework to expedite the launch of AIF schemes. GARUDA reduces the launch timelines for AIF schemes, while shifting greater responsibility for disclosure compliance to managers. This note provides an overview of the GARUDA framework, its key features and its implications for the regulation of AIFs in India.
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This insight has been authored by Swapneil B. Akut, Abhishek Singh, Anushka Rungta and Sankalp A. Dubey from S&R Associates. They can be reached on [email protected], [email protected], [email protected] and [email protected], respectively, for any questions. This insight is intended only as a general discussion of issues and is not intended for any solicitation of work. It should not be regarded as legal advice and no legal or business decision should be based on its content.