SCHEDULE-05 - Investment by other non-resident investors - Foreign Exchange Management (Non-debt Instruments) Rules, 2019

SCHEDULE V (See Rule (14)) Investment by other non-resident investors Permission to other non-resident investors for purchase of securities (1) Long term investors like Sovereign Wealth Funds (SWFs), Multilateral Agencies, Endowment Funds, Insurance Funds, Pension Funds and Foreign Central Banks may purchase securities subject to such terms and conditions as may be specified by the Reserve Bank and the Securities and Exchange Board of India. (2) Eligible Foreign Entity (EEE) as defined in SEBI circular dated the 9th October 2018 and having actual exposure to Indian physical commodity market may participate in domestic commodity derivative markets in accordance with framework specified by the Securities and Exchange Board of India. (3) The mode of payment and other attendant conditions for remittance of sale or maturity proceeds shall be specified by the Reserve Bank.