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Drawdown (capital call)

Also written: capital call

What is Drawdown in an Indian AIF?

A drawdown is a manager’s request that investors pay in part of their committed capital, usually to fund a specific investment or cover fees. Investors are contractually obliged to meet it within the notice period. Failure to do so triggers default provisions set out in the fund documents.

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Definitions are explanatory, not legal advice. Where a definition rests on a regulation or circular it is named above; verify against the instrument before relying on it.