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<h1>SEBI Regulations 2020: Key Terms in Portfolio Management Defined, Including Accredited Investor & Portfolio Manager Roles</h1> The Securities and Exchange Board of India (Portfolio Managers) Regulations, 2020, defines key terms related to portfolio management. These include 'Act,' referring to the SEBI Act, 1992, and 'accredited investor,' a person meeting specific eligibility criteria. 'Alternative Investment Fund' and 'body corporate' are defined per existing regulations and the Companies Act, 2013. The regulation outlines roles such as 'portfolio manager,' responsible for managing client securities, and 'principal officer,' overseeing portfolio management decisions. It also defines 'related party' in relation to portfolio managers, specifying relationships and shareholding thresholds that establish such a connection.