TMI BlogForeign investment in India by Foreign Portfolio InvestorsX X X X Extracts X X X X X X X X Extracts X X X X ..... e Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA.20/2000- RB dated May 3, 2000 , as amended from time to time and to A.P. (DIR Series) Circular No. 13 dated July 23, 2014 in terms of which all future investment in government securities by registered Foreign Portfolio Investors (FPIs) shall be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... idual maturity of three years. 4. FPIs shall not be allowed to make any further investment in liquid and money market mutual fund schemes. 5. There will, however, be no lock-in period and FPIs shall be free to sell the securities (including those that are presently held with less than three years residual maturity) to domestic investors. 6. The aforesaid directions come into force with im ..... X X X X Extracts X X X X X X X X Extracts X X X X
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