Sub-accounts and FII
This query is : Resolved
Krunal Raichura
(Querist)
17 October 2007
What is the difference between a sub-account and a foreign institutional investor?
Please throw a light on both for clarity.
Please throw a light on both for clarity.
17 October 2007
Foreign companies/Individuals are permitted to invest in equity shares traded in Indian Stock markets if they are registered as a Foreign Institutional Investor (FII) or if they have a sub account in India
31 October 2007
PNs of sub-accounts are not allowed. These will affect the hedge funds.
Ravikumar.G
(Expert)
09 November 2007
Thanks for the inputs
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