Investing in India

Mauritius Investments into India

As background, Foreign Institutional Investors (FIIs) who intend to invest directly in the Indian stock markets are required to apply for FII licences. The majority of the foreign investment into the securities market in India comes from Mauritius, a member of IOSCO, because of the existence of a favourable tax treaty between the two countries.

We have attempted to make it easier for our clients to complete the application form which is the first and foremost step for a portfolio investor to register in India. The Market Entry Guide for FIIs set out the details and instructions to help clients complete the application form and register as an FII in India.

Link to Market Entry Guide

Q&A

Who is a Foreign Institutional Investor (FII)?
FII means an entity established or incorporated outside India which proposes to make investment in India.

What is a sub-account?
Sub-account includes those foreign corporates, foreign individuals, institutions, funds or portfolios established or incorporated outside India on whose behalf investments are proposed to be made in India by a FII.

What is a Designated Bank?
Designated Bank means any bank in India which has been authorized by the Reserve Bank of India to act as a banker to FII.

Who is a Domestic Custodian?
Domestic Custodian means any entity registered with SEBI to carry on the activity of providing custodial services in respect of securities.