Definitions  of “Foreign Portfolio Investor” :

“Foreign Portfolio Investor” means a person who satisfies the eligibility criteria and has been registered under FPI Regulations, which shall be deemed to be an intermediary. However, any foreign institutional investor or qualified foreign investor who holds a valid certificate of registration shall be deemed to be a foreign portfolio investor till the expiry of the block of three years for which fees have been paid as per the SEBI (Foreign Institutional Investors) Regulations, 1995.

“Offshore Derivative Instrument” means any instrument, by whatever name called, which is issued overseas by a foreign portfolio investor against securities held by it that are listed or proposed to be listed on any recognized stock exchange in India, as its underlying;

“Qualified Depository Participant” means a depository participant approved by SEBI to act as qualified depository participant.

“Qualified Foreign Investor” means a person who has opened a dematerialized account with a qualified depository participant as a qualified foreign investor;

“Designated Depository Participant” means a person who has been approved by SEBI under FPI Regulations, 2014.