Single Window Automatic and Generalised Access for Trusted Foreign Investors (SWAGAT-FI)” framework for FPIs and FVCIs

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.... Participants (DDPs) and Custodians 3. The Depositories 4. The Stock Exchanges and Clearing Corporations Dear Sir / Madam, Subject: Single Window Automatic and Generalised Access for Trusted Foreign Investors (SWAGAT-FI)" framework for FPIs and FVCIs 1. SEBI vide "Master Circular for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Inv....

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....b. The provision mentioned at (b) above shall not apply to SWAGAT-FI FPI. However, it shall be subject to the provision that contribution of resident Indian individuals shall be made through the LRS notified by RBI and shall be in global funds whose Indian exposure is less than 50%." 3.2. Under Para 2 of Part A, after sub-para (v), the following sub-para shall be insert....

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....nt and the investment manager of the applicant is independent from such contributors; c. Appropriately regulated insurance company investing its own funds and does not have segregated portfolios; d. Appropriately regulated pension fund. II. The applicant being a public retail fund is setup in identified jurisdiction and regulated by the identified sta....

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....i) of Para 4 of Part A (earlier modified vide Circular No. SEBI/HO/AFD/AFD-PoD-3/P/CIR/2025/127 dated September 10, 2025) shall be modified as under: "i. FPIs who wish to continue with their registration for the subsequent block of three years (10 years in case of SWAGAT-FI), should pay the fees to their DDPs and inform change in information, if any, as submitted ....