The Securities Exchange Board of India has proposed easier norms for Indians and mutual funds to invest in foreign funds. The regulator has proposed to allow retail schemes in International Financial Services Centre with Indian firms as sponsor and manager register as FPIs. The investment limit is capped at 10% which is in line with IFSC rules.
The suggestion is to replace sponsor and manager with fund management entity or associate for IFSC FPIs. SEBI has also suggested to allow Indian mutual funds to invest in overseas funds with India exposure.
The regulator is seeking public feedback to the proposals till Aug. 29, 2025, SEBI said in their website.
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