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<h1>SEBI's 2012 Circular Expands Investment Options for Qualified Foreign Investors in Indian Equity Shares.</h1> The circular issued by SEBI on January 13, 2012, outlines the framework for Qualified Foreign Investors (QFI) to invest in Indian equity shares. The initiative aims to broaden the investor base, attract foreign capital, reduce market volatility, and deepen the capital market. QFIs must meet Know Your Customer (KYC) requirements and can invest through a demat account with a SEBI-registered Depository Participant (DP). The circular details the eligibility criteria for DPs, permissible transactions, account operations, investment restrictions, and monitoring of investment limits. It emphasizes compliance with Indian laws and regulations, ensuring transparency and accountability in QFI investments.