With reference to Self-Reliant India Fund (SRF), consider the following statements: It is a Category-II Alternative Investment Fund registered with SEBI. The fund is aimed at providing growth capital to the deserving and eligible units of the MSME sector. Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C

Notes:

Both statements are correct.

It is a Category-II Alternative Investment Fund registered with SEBI with Mother Fund / Daughter Fund structure.
The fund is aimed at providing growth capital to the deserving and eligible units of the MSME sector. The total size of the fund is Rs. 50,000 Crore where Rs.10,000 Crore will come from the Government of India and Rs.40,000 Crore through Private Equity / Venture Capital funds.

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