The Daughter Funds shall invest at least 5 times the amount of capital contribution received from SRI Fund (net of fees and expenses) in MSMEs, defined as per the MSMED Act, as amended from time to time.

The Daughter Fund shall ensure that all its investee MSMEs obtain Udyam Registration. In case the same is not obtained, the investment in such investee company shall not be considered as meeting the criteria of an investment in MSME.