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SEBI Moves FPI Registration Fee From Dollars to Rupees

9 July 20261 min read
BANKING & FINANCESEBI Moves FPIRegistration FeeFrom Dollars toRupees9 July 2026safalsetu.com

Why in the news

SEBI revised the Foreign Portfolio Investors Regulations so that registration fees are paid in rupees rather than US dollars. The new rules apply after six months.

Key facts

  • Fee: Rs 2.3 lakh now, against USD 2,500 earlier for Category-I FPIs and FVCIs; aim is to end reliance on dollar payments.
  • PAN link: date of birth or incorporation date is now compulsory.
  • Remittance: DDPs must send collected fees to SEBI within 5 working days of granting registration.
  • Effective: six months after the amendment.

Reasons for the change

  • Easier fee collection, no foreign currency issues, cleaner accounting.

Terms

  • FPI: foreign investor in Indian shares, bonds and mutual funds.
  • FVCI: foreign investor in venture capital funds or start-ups.
  • DDP: SEBI-authorised intermediary handling FPI registration.
  • FPI is indirect and short-term with no management control; FDI is long-term with ownership and control.

Exam angle

  • Regulator: SEBI; fee moved from USD 2,500 to Rs 2.3 lakh.
  • Related terms: FPI, FVCI, DDP, PAN.
  • FPI versus FDI differences are common questions.

Test yourself

1. What registration fee in rupees did SEBI set for Category-I FPIs under the amended rules?

The new fee is Rs 2.3 lakh, replacing the earlier USD 2,500.

2. Within how many working days must a DDP transfer the FPI registration fee to SEBI?

DDPs must pass the fee to SEBI within 5 working days of granting registration.

3. Which of these is a feature of Foreign Direct Investment as opposed to Foreign Portfolio Investment?

FDI is long-term investment that gives ownership and management control in a business.

This topic is part of Daily Current Affairs 9 July 2026 (15 topics).

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