Latest news with #IFSCs
Mint
6 hours ago
- Business
- Mint
Sebi mulls framework to boost resident Indians participation in FPIs
New Delhi, Aug 11 (PTI) Markets regulator Sebi has proposed facilitating greater participation of resident Indians in the Foreign Portfolio Investors (FPIs) framework. Under the proposal, Sebi has proposed expanding the role of Indian non-individuals and mutual funds in international investment structures. "It is proposed to enable retail schemes based in IFSCs in India with resident Indian non-individuals as sponsor/manager to register as FPIs," Sebi said in its consultation paper. The regulator has suggested that allowing retail schemes based in International Financial Services Centres (IFSCs) with resident Indian non-individuals as sponsors or managers can be registered as FPIs. Also, Sebi proposed that the term "sponsor or manager" for IFSC-based FPIs may be replaced with "Fund Management Entity (FME) or its associate". Resident Indian non-individuals as FME or its associate in AIFs and retail schemes in IFSCs may contribute up to 10 per cent of the fund's corpus or assets under management for retail schemes. Overseas mutual funds/unit trusts registering as FPIs may be allowed to include Indian mutual funds as constituents. Under FPI Regulations, non-resident Indians (NRI), overseas citizens of India (OCI) or resident Indians are not eligible to register as FPIs. However, they are permitted to be constituents of FPIs subject to certain conditions in terms of limits on contribution and control of the FPIs. Further, resident Indian non-individuals are permitted to be constituents of an FPI, subject to certain conditions and investment limits. The Securities and Exchange Board of India (Sebi) has sought public comments till August 29 on the proposals.
News18
8 hours ago
- Business
- News18
Sebi mulls framework to boost resident Indians participation in FPIs
Agency: PTI Last Updated: New Delhi, Aug 11 (PTI) Markets regulator Sebi has proposed facilitating greater participation of resident Indians in the Foreign Portfolio Investors (FPIs) framework. Under the proposal, Sebi has proposed expanding the role of Indian non-individuals and mutual funds in international investment structures. 'It is proposed to enable retail schemes based in IFSCs in India with resident Indian non-individuals as sponsor/manager to register as FPIs," Sebi said in its consultation paper. The regulator has suggested that allowing retail schemes based in International Financial Services Centres (IFSCs) with resident Indian non-individuals as sponsors or managers can be registered as FPIs. Also, Sebi proposed that the term 'sponsor or manager" for IFSC-based FPIs may be replaced with 'Fund Management Entity (FME) or its associate". Resident Indian non-individuals as FME or its associate in AIFs and retail schemes in IFSCs may contribute up to 10 per cent of the fund's corpus or assets under management for retail schemes. Under FPI Regulations, non-resident Indians (NRI), overseas citizens of India (OCI) or resident Indians are not eligible to register as FPIs. However, they are permitted to be constituents of FPIs subject to certain conditions in terms of limits on contribution and control of the FPIs. Further, resident Indian non-individuals are permitted to be constituents of an FPI, subject to certain conditions and investment limits. The Securities and Exchange Board of India (Sebi) has sought public comments till August 29 on the proposals. PTI SP SP SHW view comments First Published: August 11, 2025, 15:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
India.com
2 days ago
- Business
- India.com
SEBI Proposes Easier Norms For Resident Indian Participation In FPIs
New Delhi: The Securities Exchange Board of India has proposed easier norms for resident Indians and mutual funds to invest in foreign funds. The regulator proposed to enable retail schemes based in IFSCs in India with resident Indian non-individuals as sponsors or managers to register as FPIs. The investment limit is capped at 10 per cent of the targeted corpus, in line with IFSC rules, a release from SEBI said. The suggestion is to replace the sponsor and manager with a fund management entity or associate for IFSC FPIs. SEBI has also proposed allowing Indian mutual funds to invest in overseas funds with India exposure. These proposals aim to increase investment options for Indian investors to diversify their portfolios. If implemented, these reforms could bridge the gap between India's domestic savings pool and international opportunities. Currently, only certain institutional investors meeting SEBI's criteria can register as FPIs to invest in foreign securities. The proposed changes focus on retail-oriented investment schemes set up in IFS, which would allow a broader range of India-based entities to channel domestic capital into foreign assets through a regulated framework. At present, non-resident Indians (NRI), overseas citizens of India (OCI) or resident Indians are not eligible to register as FPIs. However, NRIs, OCIs or resident Indian individuals are permitted to be constituents of FPIs, subject to certain conditions in terms of limits on contribution and control of the FPIs. The Reserve Bank of India's liberalised remittance scheme permits individuals to remit up to Rs 2.5 lakh annually for overseas investments. Retail investors depend on indirect channels and FoF opportunities in global mutual funds for foreign market exposure. IFSC is a special economic zone (SEZ) acting as a global financial hub within India, allowing institutions to conduct international financial transactions and operations. The capital market regulator has sought public feedback on its proposals till August 29.
Economic Times
2 days ago
- Business
- Economic Times
SEBI proposes measures to expand resident Indian participation in FPIs
Key proposals Live Events Retail Schemes in IFSCs: The proposal suggests enabling retail schemes based in International Financial Services Centres (IFSCs) in India, with resident Indian non-individuals acting as sponsors or managers, to register as FPIs. These schemes would be aligned with existing investment regulations for better clarity and accessibility. Alignment of Contribution Limits: SEBI proposes to align the contribution limits for resident Indian non-individuals with the IFSCA (Fund Management) Regulations, 2025. This move would harmonize the contribution thresholds for various types of funds operating within IFSCs, including venture capital, restricted schemes, and retail schemes. Indian Mutual Funds as Constituents of FPIs: The proposal seeks to allow Indian mutual funds to become constituents of FPIs, enabling them to invest in overseas mutual funds or unit trusts with exposure to Indian securities. This is intended to streamline the investment process and enhance the transparency of such investments. Background The consultation process: (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel In an attempt to facilitate greater participation from resident Indians in the foreign portfolio investment landscape, the Securities and Exchange Board of India ( SEBI ) has released a consultation paper outlining several key proposals aimed at increasing the involvement of Indian investors in FPIs These proposals are designed to create a more inclusive investment environment, particularly for Indian non-individuals and mutual funds, allowing them to play a more significant role in international investment proposed measures focus on expanding the scope of Foreign Portfolio Investment (FPI) participation by resident Indians through a series of regulatory changes. SEBI's move is expected to pave the way for a broader range of investment options and offer Indian investors increased opportunities to diversify their portfolios consultation paper invites public feedback on these suggestions, which could have a substantial impact on the investment under the SEBI Foreign Portfolio Investors (FPI) Regulations, 2019, resident Indians, including non-resident Indians (NRIs) and overseas citizens of India (OCIs), are restricted from directly registering as these individuals are allowed to be constituents of FPIs, subject to specific conditions on contribution limits and control within the funds. For resident Indian non-individuals, participation in FPIs is permitted if they meet certain criteria, including the type of funds they manage or sponsor and the contribution limits for specific categories of consultation paper comes at a time when the government is looking to enhance the role of IFSCs in India's financial sector, with an eye on attracting more global capital. By proposing to widen the scope for resident Indian participation , SEBI aims to make the FPI route more accessible for a broader range of investors, including mutual funds, which could significantly diversify their foreign proposals also reflect an effort to bring Indian financial regulations in line with international standards while fostering a more dynamic and globally connected investment public has been invited to submit comments on these proposals by August 29, 2025, through the SEBI website. SEBI's move to open up the process for public input underscores the importance of stakeholder feedback in shaping policies that affect both retail and institutional consultation process will likely influence the final regulatory framework and could signal a shift towards more liberalized foreign investment rules for Indian the introduction of these measures, the Indian investment community is poised to see significant changes that could reshape the way FPIs operate within India, offering new avenues for growth and diversification in the global markets.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
2 days ago
- Business
- Time of India
SEBI proposes measures to expand resident Indian participation in FPIs
Key proposals Live Events Retail Schemes in IFSCs: The proposal suggests enabling retail schemes based in International Financial Services Centres (IFSCs) in India, with resident Indian non-individuals acting as sponsors or managers, to register as FPIs. These schemes would be aligned with existing investment regulations for better clarity and accessibility. Alignment of Contribution Limits: SEBI proposes to align the contribution limits for resident Indian non-individuals with the IFSCA (Fund Management) Regulations, 2025. This move would harmonize the contribution thresholds for various types of funds operating within IFSCs, including venture capital, restricted schemes, and retail schemes. Indian Mutual Funds as Constituents of FPIs: The proposal seeks to allow Indian mutual funds to become constituents of FPIs, enabling them to invest in overseas mutual funds or unit trusts with exposure to Indian securities. This is intended to streamline the investment process and enhance the transparency of such investments. Background The consultation process: (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel In an attempt to facilitate greater participation from resident Indians in the foreign portfolio investment landscape, the Securities and Exchange Board of India ( SEBI ) has released a consultation paper outlining several key proposals aimed at increasing the involvement of Indian investors in FPIs These proposals are designed to create a more inclusive investment environment, particularly for Indian non-individuals and mutual funds, allowing them to play a more significant role in international investment proposed measures focus on expanding the scope of Foreign Portfolio Investment (FPI) participation by resident Indians through a series of regulatory changes. SEBI's move is expected to pave the way for a broader range of investment options and offer Indian investors increased opportunities to diversify their portfolios consultation paper invites public feedback on these suggestions, which could have a substantial impact on the investment under the SEBI Foreign Portfolio Investors (FPI) Regulations, 2019, resident Indians, including non-resident Indians (NRIs) and overseas citizens of India (OCIs), are restricted from directly registering as these individuals are allowed to be constituents of FPIs, subject to specific conditions on contribution limits and control within the funds. For resident Indian non-individuals, participation in FPIs is permitted if they meet certain criteria, including the type of funds they manage or sponsor and the contribution limits for specific categories of consultation paper comes at a time when the government is looking to enhance the role of IFSCs in India's financial sector, with an eye on attracting more global capital. By proposing to widen the scope for resident Indian participation , SEBI aims to make the FPI route more accessible for a broader range of investors, including mutual funds, which could significantly diversify their foreign proposals also reflect an effort to bring Indian financial regulations in line with international standards while fostering a more dynamic and globally connected investment public has been invited to submit comments on these proposals by August 29, 2025, through the SEBI website. SEBI's move to open up the process for public input underscores the importance of stakeholder feedback in shaping policies that affect both retail and institutional consultation process will likely influence the final regulatory framework and could signal a shift towards more liberalized foreign investment rules for Indian the introduction of these measures, the Indian investment community is poised to see significant changes that could reshape the way FPIs operate within India, offering new avenues for growth and diversification in the global markets.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
