Amendment to SEBI Circular on Mandatory Disclosures for FPIs Exceeding INR 50,000 Crore in Equity AUM

SEBI/HO/AFD/AFD-POD-3/P/CIR/2025/52

Link to SEBI’s Circular

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Applicability:

• The provisions of this circular apply to Foreign Portfolio Investors (FPIs), or investor groups, that hold equity assets under management (AUM) exceeding INR 50,000 crore in Indian markets.

• If your AUM meets or exceeds the aforementioned threshold, you are required to comply with the disclosure obligations set forth in this circular.

Amendment to Threshold:

• The threshold for additional disclosures, as specified in the FPI Master Circular, has been amended, increasing from INR 25,000 crore to INR 50,000 crore.

Obligations Imposed:

• If your AUM exceeds INR 50,000 crore, you are obligated to submit the necessary disclosures as mandated under the FPI Master Circular, in accordance with SEBI regulations.

Effective Date:

• Effective immediately, and compliance must be ensured without delay.