Foreign Portfolio Investor (FPI)

Sat, 16 May 2026 00:00:00 +0000

A Foreign Portfolio Investor (FPI) is the principal regulatory category under SEBI for offshore institutional investors seeking to participate in Indian securities markets. The FPI framework is governed by the SEBI (Foreign Portfolio Investors) Regulations 2019 (the FPI Regulations 2019), which consolidated and replaced the earlier 2014 FPI Regulations along with the historical Foreign Institutional Investor (FII) and Qualified Foreign Investor (QFI) regimes that had operated prior to the unified FPI framework.

SEBI mutual fund overseas investment cap

Sat, 16 May 2026 00:00:00 +0000

The SEBI mutual fund overseas investment cap is the aggregate and per-fund limit on the amount of foreign assets that Indian mutual fund schemes may hold, set jointly by the Securities and Exchange Board of India under the SEBI Mutual Funds Regulations 1996 and by the Reserve Bank of India under the Foreign Exchange Management Act 1999 (FEMA) . The cap is a foundational regulatory constraint on Indian mutual funds’ ability to provide international diversification to retail investors, shaping the product structure, capacity, and operational behaviour of international fund-of-funds and other overseas-exposure schemes.

Cross-Border Investment on WebNotes

Foreign Portfolio Investor (FPI)

SEBI mutual fund overseas investment cap