Investments by Qualified Foreign Investors in India
INVESTMENT BY QUALIFIED FOREIGN INVESTORS IN INDIA
-- Ankita Pandey & Deepali Srivastava
Listed and unlisted equity in India have received focused regulatory attention since the establishment of the Securities Exchange Board of India (“SEBI”) in 1992. Towards the end of the 1992, to attract foreign capital, Foreign Institutional Investors (“FII”) such as Pension Funds, Mutual Funds, Investment Trusts, Asset Management Companies, Nominee Companies and incorporated/institutional Portfolio Managers were permitted to invest directly in the Indian stock markets.
The U K Sinha Committee proposed a restructuring and rationalization of the administration of capital flows management regulations. In particular, it recommended a single window for registration and administration of portfolio investment regulations, what we call Qualified Foreign Investors (“QFI”).
The aim of this project is to shed light on the investment by QFI’s in India. Being a wide and varied topic, the researchers have concentrated on certain issues, so as to draw together a comprehensive understanding of the topic. The researchers have chosen to outline this project with the help of chapters namely: * Introduction * Investments by a QFI in Indian Mutual Funds (IMFs): Modes, Requirements, Operation and Ceiling/Investment Limits. * Investments by a QFI in Indian Equity Markets: Modes, Requirements, Operation and Ceiling Investment Limits. * Comparative Analysis of QFI’s and FII’s * Conclusions
Being an exclusively new topic, the researcher’s have also chosen to do a comparative analysis between the QFI’s and FII’s so as to understand the subtle differences between the two investors and the impact of them on the Indian
-- Ankita Pandey & Deepali Srivastava
Listed and unlisted equity in India have received focused regulatory attention since the establishment of the Securities Exchange Board of India (“SEBI”) in 1992. Towards the end of the 1992, to attract foreign capital, Foreign Institutional Investors (“FII”) such as Pension Funds, Mutual Funds, Investment Trusts, Asset Management Companies, Nominee Companies and incorporated/institutional Portfolio Managers were permitted to invest directly in the Indian stock markets.
The U K Sinha Committee proposed a restructuring and rationalization of the administration of capital flows management regulations. In particular, it recommended a single window for registration and administration of portfolio investment regulations, what we call Qualified Foreign Investors (“QFI”).
The aim of this project is to shed light on the investment by QFI’s in India. Being a wide and varied topic, the researchers have concentrated on certain issues, so as to draw together a comprehensive understanding of the topic. The researchers have chosen to outline this project with the help of chapters namely: * Introduction * Investments by a QFI in Indian Mutual Funds (IMFs): Modes, Requirements, Operation and Ceiling/Investment Limits. * Investments by a QFI in Indian Equity Markets: Modes, Requirements, Operation and Ceiling Investment Limits. * Comparative Analysis of QFI’s and FII’s * Conclusions
Being an exclusively new topic, the researcher’s have also chosen to do a comparative analysis between the QFI’s and FII’s so as to understand the subtle differences between the two investors and the impact of them on the Indian