SWAGAT FI framework grants eligible foreign investors unified access, 10 year registration, and streamlined KYC and account consolidation. The Circular creates the SWAGAT FI framework to streamline registration and compliance for specified FPIs/FVCIs, listing eligible investor categories, requiring resident Indian contributors to invest via LRS through global funds with under 50% Indian exposure, and mandating an SOP to identify eligible jurisdictions. It enables conversion to SWAGAT FI on application, requires depositories to provide unified accounting for foreign investments, grants 10 year registration and KYC review periodicity, adjusts renewal fees and information obligations, and takes effect June 1, 2026.