Empanelled Daughter Funds shall raise 80% additional funds from outside sources like Banks, FIs, HNIs, VCs/PEs/Institutional Investors, PSUs, Pension Funds, Foreign Developmental Institutions etc.
Daughter Funds, after being empanelled with the Fund, will mobilize funds and for each 4 units of funds so mobilized, they will be eligible to solicit 1 unit of fund, proportionately from the SRI Fund, which shall be released on a back-ended basis.
As minimum fund that can be provided by SRI Fund is Rs. 25 crore, the minimum Fund corpus of a Daughter Fund has to be Rs. 125 crore, of which they have to raise Rs. 100 crore from outside sources.