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of <h1>SEBI Guidelines for Qualified Foreign Investors: $10B Limit for Equity, $3B for Debt in Indian Mutual Funds.</h1> The circular issued by SEBI on August 9, 2011, outlines the guidelines for foreign investors, termed Qualified Foreign Investors (QFIs), to invest in Indian mutual fund schemes. QFIs, who meet the KYC requirements, can invest through direct or indirect routes, subject to compliance with FATF standards and PMLA regulations. The total investment ceiling is set at $10 billion for equity schemes and $3 billion for debt schemes. Mutual funds must report daily on QFI investments and ensure non-transferability of units. The circular also details operational processes for subscriptions, redemptions, and dividend payouts through designated bank accounts.
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