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    <title>Securities and Exchange Board of India (Foreign Institutional Investors) Amendment Regulations, 1997.</title>
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    <description>Amendments expressly recognise proprietary funds by inserting &quot;and its proprietary funds, if any&quot; into specified sub clauses of Regulation 6 and adding &quot;or proprietary fund&quot; to Regulation 13(1)(b), thereby extending classification and eligibility references from broad based funds to proprietary funds. An Explanation appended to Regulation 15(2) clarifies that the term &quot;debt securities&quot; for the provisos includes related Government securities. The regulations are cited as the SEBI (Foreign Institutional Investors) Amendment Regulations, 1997 and commence on publication in the Official Gazette.</description>
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