Q. Which among the following are classified as Alternative Investment Funds (AIFs)?

1. Private Investment in Public Equity Funds
2. Infrastructure Equity Fund
3. Venture Capital Fund
4. Mutual Fund

Select the correct option from the codes given below:
Answer: Only 1, 2 & 3
Notes: Private Investment in Public Equity Funds, Infrastructure Equity Funds, and Venture Capital Funds are all classified as Alternative Investment Funds (AIFs) under SEBI regulations. Mutual Funds, however, are distinctly regulated and do not fall under the AIF category. Therefore, only options 1, 2, and 3 are correct.