Consider the following statements about Alternative Investment Funds (AIF):

1. AIFs are private funds which do not come under the jurisdiction of any regulatory agency in India.

2. It is an investment fund from Indian sources only.

3. Hedge fund is an example of Alternative Investment Fund.

Which of the statements given above is/are correct?

1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2 and 3
5
None of the above

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