Amendment exempts University Funds and University related ...

University Funds & Endowments exempted from extra disclosures if: <25% Indian equity, >Rs. 10K cr global AUM, non-profit status.

August 1, 2024

Circulars SEBI

Amendment exempts University Funds and University related Endowments registered or eligible as Category I FPIs from additional disclosure requirements subject to conditions: Indian equity AUM below 25% of global AUM, global AUM exceeding INR 10,000 crore, filing tax return evidencing non-profit status. Eligible jurisdictions specified by SEBI in consultation with Custodians/DDPs Forum. Exemption aims to protect investors, promote securities market development under SEBI Act and FPI Regulations.

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Amendment exempts University Funds and University related ...

University Funds & Endowments exempted from extra disclosures if: <25% Indian equity, >Rs. 10K cr global AUM, non-profit status.

August 1, 2024

Circulars SEBI

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