Strategic Investor - SEBI Ready Reckoner - SEBI

As per regulation 49L(3) of the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 For the purposes of Chapter VIB (infrastructure debt fund schemes) , unless the context otherwise requires- Strategic Investor means; (i) an Infrastructure Finance Company registered with Reserve bank of India as Non Banking Financial Company; (ii) a Scheduled Commercial Bank; (iii) International Multilateral Financial Institution; (iv) Systemically Important Non Banking Financial Companies registered with Reserve Bank of India; (v) Foreign Institutional Investors registered with the Board, subject to their applicable investment limits, which are long term investors in terms of the norms specified by SEBI.