Foreign Portfolio Investors regulations add SWAGAT-FI, adjust eligibility and thresholds, and require ten year advance registration fees. The regulations introduce SWAGAT-FI as a new FPIs category limited to government/government related investors and public retail funds, make mutual funds eligible as constituents subject to Board conditions, amend AIF/Retail Scheme contribution and threshold requirements (10% corpus for AIFs; 10% AUM for Retail Schemes), substitute 'fund management entity or its associate' for prior terminology with a cross reference to IFSC Fund Management Regulations, exempt SWAGAT-FI from a specified provision, and require SWAGAT-FI to pay registration fees in advance once every ten years.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign Portfolio Investors regulations add SWAGAT-FI, adjust eligibility and thresholds, and require ten year advance registration fees.
The regulations introduce SWAGAT-FI as a new FPIs category limited to government/government related investors and public retail funds, make mutual funds eligible as constituents subject to Board conditions, amend AIF/Retail Scheme contribution and threshold requirements (10% corpus for AIFs; 10% AUM for Retail Schemes), substitute "fund management entity or its associate" for prior terminology with a cross reference to IFSC Fund Management Regulations, exempt SWAGAT-FI from a specified provision, and require SWAGAT-FI to pay registration fees in advance once every ten years.
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