"A foreign portfolio investor shall invest only in certain securities". List out such securities.
CS Executive · Capital Markets & Securities Laws · PYQS · December 2020
"A foreign portfolio investor shall invest only in certain securities". List out such securities.
Answer & Explanation:
A foreign portfolio investor shall invest only in the following securities, namely- shares, debentures and warrants issued by a body corporate; listed or to be listed on a recognized stock exchange in India units of schemes launched by mutual funds under SEBI (Mutual Fund) Regulations, 1996 units of schemes floated by a Collective Investment Scheme in accordance with the Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999 derivatives traded on a recognized stock exchange units of real estate investment trusts, infrastructure investment trusts and units of Category III Alternative Investment Funds registered with the Board Indian Depository Receipts any debt securities or other instruments as permitted by the Reserve Bank of India for foreign portfolio investors to invest in from time to time, and such other instruments as specified by the Board from time to time.
Topics: Foreign Investments
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