An invitation to high networth accredited investors - The Hi

An invitation to high networth accredited investors - The Hindu BusinessLine


An invitation to high networth accredited investors
March 05, 2021
SEBI's proposal will boost financial products innovation
Are you earning an annual income of ₹2 crore? Do you have a net worth of ₹7.5 crore with at least half of that being financial assets? Do you earn ₹1 crore annual income and have net worth over ₹5 crore (with ₹2.5 crore financial assets)? If your answer to any one of these questions is yes, then you can get the proposed special status of ‘accredited investor’.
Get that badge and you can enjoy relaxations on both investments and regulations. The Securities and Exchange Board of India is toying with the idea of introducing a new concept called accredited investor, which is quite popular in developed markets such as the US and Singapore.

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