Module: General Practice
Q60: The "SRI Fund" (Self Reliant India Fund) was launched to provide growth capital to MSMEs. It operates through a "Mother-Fund and Daughter-Fund" structure. Who is the sole anchor investor for the Mother Fund?
✅ Correct Answer: B
The SRI Fund is a SEBI-registered Category-II Alternative Investment Fund (AIF). The Government of India (GoI) is the sole anchor investor in the Mother Fund, providing the initial corpus of approximately Rupees 10,000 Crore.
The Mother Fund invests in SEBI-registered Daughter Funds (Venture Capital/Private Equity funds), which in turn invest in high-growth MSMEs.
The objective is to leverage the government contribution to mobilize a total of Rupees 50,000 Crore via private capital.
The Mother Fund invests in SEBI-registered Daughter Funds (Venture Capital/Private Equity funds), which in turn invest in high-growth MSMEs.
The objective is to leverage the government contribution to mobilize a total of Rupees 50,000 Crore via private capital.