Basic Guidelines Apply now » QFIs shall include individuals, groups or associations that are resident in a country that is a member of the Financial Action Task Force (FATF) or a country that is a member of a group which is a member of FATF and resident in a country that is a signatory to IOSCO’s MMOU – or a signatory of a bilateral MOU with Securities and Exchange Board of India (SEBI). Foreign institutional investors(FIIs) and foreign venture capital investments do not come under the QFI category. » An individual QFI can invest up to 5 per cent of the paid-up capital of a listed company. Total investment by QFIs in a listed company cannot exceed 10 per cent of its paid-up capital. Foreign investors will also be allowed to acquire equity shares by way of rights issue, bonus shares or equity shares on account of stock split, amalgamation, demerger or such corporate action. » The QFI investment limits will be over and above the ceilings set for FII and non-resident Indians under the Portfolio Investment Scheme for foreign investment in India.