Portfolio management eligibility permits registered FMEs to serve offshore-eligible clients and invest across IFSC, India, and foreign jurisdictions. Registered FMEs may provide portfolio management services to non-residents, non-resident Indians, and Indian residents eligible under FEMA to invest or ... Summary
Portfolio management eligibility permits registered FMEs to serve offshore-eligible clients and invest across IFSC, India, and foreign jurisdictions.
Registered FMEs may provide portfolio management services to non-residents, non-resident Indians, and Indian residents eligible under FEMA to invest or remit funds offshore within applicable limits. An IFSC portfolio manager may invest in securities and financial products in an IFSC, India, or a foreign jurisdiction. Discretionary portfolio management services are limited to listed, proposed-to-be-listed, or traded securities, money market instruments, units of investment schemes, and other financial products specified by the Authority.
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