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    <title>SWAGAT-FI category for FPIs/FVCIs allowing conversion to simplified registration, unified custody, 10-year renewals and KYC</title>
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    <description>Creates a new SWAGAT-FI category for FPIs/FVCIs: (a) defines eligible investors (government/Govt-related, regulated public retail blind-pool mutual funds, regulated insurance companies investing own non-segregated funds, and regulated pension funds) and requires public retail funds to be from identified jurisdictions regulated by specified authorities, thereby permitting these entities to register as SWAGAT-FI FPIs; (b) permits existing FPIs to convert to SWAGAT-FI on application to their DDP, thereby enabling streamlined on-boarding; mandates depositories to provide a unified accounting/investing account for securities and units, thereby consolidating custody and reporting; extends registration renewal block to 10 years for SWAGAT-FI FPIs,.....</description>
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    <pubDate>Mon, 19 Jan 2026 16:53:00 +0530</pubDate>
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      <title>SWAGAT-FI category for FPIs/FVCIs allowing conversion to simplified registration, unified custody, 10-year renewals and KYC</title>
      <link>https://www.taxtmi.com/highlights?id=96162</link>
      <description>Creates a new SWAGAT-FI category for FPIs/FVCIs: (a) defines eligible investors (government/Govt-related, regulated public retail blind-pool mutual funds, regulated insurance companies investing own non-segregated funds, and regulated pension funds) and requires public retail funds to be from identified jurisdictions regulated by specified authorities, thereby permitting these entities to register as SWAGAT-FI FPIs; (b) permits existing FPIs to convert to SWAGAT-FI on application to their DDP, thereby enabling streamlined on-boarding; mandates depositories to provide a unified accounting/investing account for securities and units, thereby consolidating custody and reporting; extends registration renewal block to 10 years for SWAGAT-FI FPIs,.....</description>
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