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<h1>SEBI Regulations 2020: Updated Conditions for Portfolio Managers on Grievance Redressal and Net Worth Requirements</h1> The Securities and Exchange Board of India (SEBI) Regulations, 2020, outline conditions for the registration of portfolio managers. These include compliance with the Act and regulations, obtaining SEBI's prior approval for changes in control, promptly informing SEBI of any false or misleading information, and paying registration fees. Portfolio managers must address investor grievances within 21 days and maintain the required net worth, except for Co-investment Portfolio Managers. Notifications have updated these conditions, including changes to the grievance redressal period and net worth requirements.