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The Economic Times
The Economic Times

Sebi mulls Rs 5 cr securities asset route for accredited investor status for individuals

SEBI

Markets regulator Sebi on Thursday proposed adding a securities-market-assets criterion for accredited investor status, under which individuals with such assets of at least Rs 5 crore could qualify irrespective of the existing income or net-worth criteria, a move aimed at widening the investors' pool.

For body corporates and trusts other than family trusts, Sebi has proposed a threshold of Rs 20 crore in securities-market assets.

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