Qualified Foreign Investors (QFI's) are individuals, groups or associations residing in a foreign country {not NRI's} that are compliant with 'Financial Action Task Force' and which is signatory to the 'International Organisation of Securities Commission Multilateral MoU'.
- The Union Government has allowed QFIs to 'directly invest' in Indian Equity market to attract more foreign capital and reduce market volatility.
- Reserve Bank of India has granted QFIs permission to invest in 'Portfolio Investment Scheme' similar to Foreign Institutional Investors (FII). QFIs will be allowed to invest through SEBI registered 'Qualified Depository Participants (DP)'.
- Earlier QFIs were allowed to invest in Indian Mutual Funds.
-This move came from Gov. in wake of depreciation of Rupee to Dollar ratio, it will help Indian Capital Market Consolidate in forex reserves.
- This move is being criticized as it will open floodgates of Foreign Capital in India.
- The Union Government has allowed QFIs to 'directly invest' in Indian Equity market to attract more foreign capital and reduce market volatility.
- Reserve Bank of India has granted QFIs permission to invest in 'Portfolio Investment Scheme' similar to Foreign Institutional Investors (FII). QFIs will be allowed to invest through SEBI registered 'Qualified Depository Participants (DP)'.
- Earlier QFIs were allowed to invest in Indian Mutual Funds.
-This move came from Gov. in wake of depreciation of Rupee to Dollar ratio, it will help Indian Capital Market Consolidate in forex reserves.
- This move is being criticized as it will open floodgates of Foreign Capital in India.
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