Sebi board relaxes FPI settlement norms; trims min investment in Social Impact Fund
Markets regulator Sebi board on Monday decided to allow foreign portfolio investors (FPIs) to net funds for same-day cash market trades, instead of settling each trade individually, a move aimed at enhancing operational efficiency and reducing the cost of funding for them, especially on index rebalancing days.
Markets regulator Sebi board on Monday decided to allow foreign portfolio investors (FPIs) to net funds for same-day cash market trades, instead of settling each trade individually, a move aimed at enhancing operational efficiency and reducing the cost of funding for them, especially on index rebalancing days.
The proposal will be implemented on or before December 31, 2026, the regulator said in a statement after the conclusion of its board meeting.
Additionally, the board approved amendments to the norms governing Alternative Investment Funds (AIFs), reducing the minimum investment value by individual investors in the Social Impact Fund of AIF to Rs 1,000 from the existing Rs 2 lakh to boost retail participation.
